InterDigital
IDCC
279 hedge funds and large institutions have $2.15B invested in InterDigital in 2018 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 108 increasing their positions, 81 reducing their positions, and 32 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 81
13% more capital invested
Capital invested by funds: $1.9B → $2.15B (+$249M)
1.37% more ownership
Funds ownership: 75.16% → 76.53% (+1.4%)
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
0% less funds holding
Funds holding: 280 → 279 (-1)
17% less call options, than puts
Call options by funds: $26M | Put options by funds: $31.5M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.3M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$23.5M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$15.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.8M |
| 5 |
Goldman Sachs
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$18.5M |
| 2 |
BlackRock
New York
|
-$14.8M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$14.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.8M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$7.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$44K | -600 | Closed |
|
|
NC
302
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$10K | -132 | Closed |
|
|
VNA
303
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$7K | -100 | Closed |
|
|
WAS
304
WESPAC Advisors SoCal
Pasadena,
California
| – | -$7K | -100 | Closed |
|
|
WT
305
Whittier Trust
South Pasadena,
California
| – | -$6K | -88 | Closed |
|
|
FHA
306
First Horizon Advisors
Memphis,
Tennessee
| – | -$4K | -59 | Closed |
|
|
GT
307
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -36 | Closed |
|
|
OFS
308
Orrstown Financial Services
Harrisburg,
Pennsylvania
| – | -$3K | -35 | Closed |
|
|
IA
309
IFP Advisors
Tampa,
Florida
| – | -$2K | -28 | Closed |
|
|
FRA
310
Front Row Advisors
Tiburon,
California
| – | -$1K | -13 | Closed |
|
IDCC Hedge Fund Activity: Q2 2018 in Review
279 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q2 2018, worth a combined $2.15B — up 13% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IDCC positions and 32 closed out — a net gain of 1 holder — while 108 added to existing stakes and 81 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $44.3M. The largest seller was Freestone Capital Holdings, cutting an estimated $18.5M.
- 279 institutional investors held InterDigital (IDCC) as of Q2 2018, down from 280 in Q1 2018.
- Funds reported $2.15B of InterDigital stock for Q2 2018, up 13% quarter-over-quarter.
- 33 funds opened new InterDigital positions in Q2 2018 and 32 closed out, a net change of +1 holder.
- The largest InterDigital buyer in Q2 2018 was Fidelity Investments, an estimated $44.3M added.
- The largest InterDigital seller in Q2 2018 was Freestone Capital Holdings, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2018.