InterDigital
IDCC
214 hedge funds and large institutions have $1.11B invested in InterDigital in 2013 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 98 increasing their positions, 56 reducing their positions, and 27 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 56
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
8% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $24.7M
0% more funds holding
Funds holding: 213 → 214 (+1)
11% less capital invested
Capital invested by funds: $1.25B → $1.11B (-$137M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$18.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.08M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.41M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.89M |
| 5 |
WI
WHV Investments
San Francisco,
California
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
-$13.4M |
| 2 |
CCM
Corsair Capital Management
New York
|
-$10.4M |
| 3 |
HSA
Hussman Strategic Advisors
Ellicott City,
Maryland
|
-$4.46M |
| 4 |
IAM
Integre Asset Management
New York
|
-$4.43M |
| 5 |
Two Sigma Investments
New York
|
-$3.06M |
IDCC Hedge Fund Activity: Q3 2013 in Review
214 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q3 2013, worth a combined $1.11B — down 11% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new IDCC positions and 27 closed out — a net gain of 4 holders — while 98 added to existing stakes and 56 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $18.5M. The largest seller was CS McKee, exiting entirely with an estimated $13.4M sold.
- 214 institutional investors held InterDigital (IDCC) as of Q3 2013, up from 213 in Q2 2013.
- Funds reported $1.11B of InterDigital stock for Q3 2013, down 11% quarter-over-quarter.
- 31 funds opened new InterDigital positions in Q3 2013 and 27 closed out, a net change of +4 holders.
- The largest InterDigital buyer in Q3 2013 was Acadian Asset Management, an estimated $18.5M added.
- The largest InterDigital seller in Q3 2013 was CS McKee, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2013.