InterDigital
IDCC
270 hedge funds and large institutions have $1.92B invested in InterDigital in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 99 increasing their positions, 97 reducing their positions, and 37 closing their positions.
2.15% more ownership
Funds ownership: 72.92% → 75.07% (+2.2%)
8% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $19.5M
2% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 97
2% less capital invested
Capital invested by funds: $1.96B → $1.92B (-$32.5M)
4% less funds holding
Funds holding: 281 → 270 (-11)
19% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$96.1M |
| 2 |
BlackRock
New York
|
+$28.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$14.4M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$13.2M |
| 5 |
Morgan Stanley
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$16.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$12.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.6M |
| 5 |
JP Morgan Chase
New York
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
301
Oppenheimer Asset Management
New York
| – | -$60K | -778 | Closed |
|
302
SEI Investments
Oaks,
Pennsylvania
| – | -$44K | -601 | -99% |
|
303
DZ Bank
Frankfurt Am Main,
Germany
| – | -$45K | -577 | Closed |
|
|
CG
304
Cutler Group
San Francisco,
California
| – | -$7K | -94 | Closed |
|
|
WA
305
Winfield Associates
Cleveland,
Ohio
| – | -$6K | -72 | Closed |
|
|
FMP
306
Financial Management Professionals
Austin,
Texas
| – | -$4K | -53 | Closed |
|
|
MCM
307
MV Capital Management
Bethesda,
Maryland
| – | -$1K | -18 | Closed |
|
IDCC Hedge Fund Activity: Q3 2017 in Review
270 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q3 2017, worth a combined $1.92B — down 1.7% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of IDCC and 30 opened new positions — a net loss of 7 holders — while 97 trimmed existing stakes and 99 added.
The largest buyer was Creative Planning, adding an estimated $96.1M. The largest seller was Invesco, cutting an estimated $16.2M.
- 270 institutional investors held InterDigital (IDCC) as of Q3 2017, down from 281 in Q2 2017.
- Funds reported $1.92B of InterDigital stock for Q3 2017, down 1.7% quarter-over-quarter.
- 30 funds opened new InterDigital positions in Q3 2017 and 37 closed out, a net change of -7 holders.
- The largest InterDigital buyer in Q3 2017 was Creative Planning, an estimated $96.1M added.
- The largest InterDigital seller in Q3 2017 was Invesco, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2017.