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InterDigital

180 hedge funds and large institutions have $1.37B invested in InterDigital in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 78 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more call options, than puts

Call options by funds: $41.6M | Put options by funds: $21.2M

40% more capital invested

Capital invested by funds: $978M → $1.37B (+$395M)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

2% less funds holding

Funds holding: 183180 (-3)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

36% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 78

Holders
180
Holders Change
-3
Holders Change %
-1.64%
% of All Funds
5.17%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
18
Increased
50
Reduced
78
Closed
20
Calls
$41.6M
Puts
$21.2M
Net Calls
+$20.4M
Net Calls Change
+$21.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Ninety One (UK)
26
Ninety One (UK)
United Kingdom
$12.7M +$1.43M +37,012 +16%
Barclays
27
Barclays
United Kingdom
$12.6M +$3.43M +88,638 +50%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$11.8M -$831K -21,500 -8%
COPPSERS
29
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$11.8M +$1.01M +26,077 +12%
JP Morgan Chase
30
JP Morgan Chase
New York
$11.7M +$1.42M +36,825 +18%
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$11.3M -$170K -4,396 -2%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$11M +$36.8K +951 +0.4%
BIM
33
BlackRock Investment Management
Delaware
$9.88M -$159K -4,123 -2%
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$8.94M -$1.08M -27,938 -13%
PC
35
Permit Capital
Pennsylvania
$8.39M
TCIM
36
TIAA CREF Investment Management
New York
$7.73M -$138K -3,563 -2%
ClearBridge Investments
37
ClearBridge Investments
New York
$7.66M +$31.6K +817 +0.5%
APG Asset Management
38
APG Asset Management
Netherlands
$7.65M
CS
39
Credit Suisse
Switzerland
$7.27M +$2.77M +71,606 +89%
NFA
40
Nationwide Fund Advisors
Ohio
$7.17M -$44.2K -1,143 -0.8%
Lazard Asset Management
41
Lazard Asset Management
New York
$6.53M -$4.74M -122,529 -47%
Charles Schwab
42
Charles Schwab
California
$6.43M -$48.6K -1,258 -0.9%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$6.17M -$61.8K -1,600 -1%
Morgan Stanley
44
Morgan Stanley
New York
$5.46M +$1.89M +48,927 +75%
AIG
45
American International Group
New York
$5.14M -$197K -5,097 -5%
Principal Financial Group
46
Principal Financial Group
Iowa
$5.05M -$133K -3,435 -3%
AllianceBernstein
47
AllianceBernstein
Tennessee
$4.28M -$346K -8,960 -9%
Citigroup
48
Citigroup
New York
$3.9M +$2.67M +68,970 +544%
WI
49
WHV Investments
California
$3.87M -$539K -13,940 -15%
TAM
50
Tealwood Asset Management
Minnesota
$3.72M +$3.01M +77,780 New

IDCC Hedge Fund Activity: Q2 2014 in Review

180 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q2 2014, worth a combined $1.37B — up 40% from $978M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of IDCC and 18 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 50 added.

The largest buyer was Heartland Advisors, adding an estimated $31.4M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $13.6M.

  • 180 institutional investors held InterDigital (IDCC) as of Q2 2014, down from 183 in Q1 2014.
  • Funds reported $1.37B of InterDigital stock for Q2 2014, up 40% quarter-over-quarter.
  • 18 funds opened new InterDigital positions in Q2 2014 and 20 closed out, a net change of -2 holders.
  • The largest InterDigital buyer in Q2 2014 was Heartland Advisors, an estimated $31.4M added.
  • The largest InterDigital seller in Q2 2014 was Cardinal Capital Management LLC (Connecticut), an estimated $13.6M sold.

Based on aggregated 13F filings for Q2 2014.