InterDigital
IDCC
183 hedge funds and large institutions have $982M invested in InterDigital in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 62 increasing their positions, 68 reducing their positions, and 37 closing their positions.
12% more capital invested
Capital invested by funds: $879M → $982M (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 68
9% less call options, than puts
Call options by funds: $12.4M | Put options by funds: $13.6M
9% less funds holding
Funds holding: 201 → 183 (-18)
43% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$25.3M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$16M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$13.5M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$11.9M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
+$9.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$48.1M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$17.5M |
| 3 |
Morgan Stanley
New York
|
-$11.9M |
| 4 |
Two Sigma Investments
New York
|
-$10.7M |
| 5 |
WI
WHV Investments
San Francisco,
California
|
-$6.47M |
IDCC Hedge Fund Activity: Q1 2014 in Review
183 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q1 2014, worth a combined $982M — up 12% from $879M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of IDCC and 21 opened new positions — a net loss of 16 holders — while 68 trimmed existing stakes and 62 added.
The largest buyer was Shannon River Fund Management, adding an estimated $25.3M. The largest seller was Paulson & Co, exiting entirely with an estimated $48.1M sold.
- 183 institutional investors held InterDigital (IDCC) as of Q1 2014, down from 201 in Q4 2013.
- Funds reported $982M of InterDigital stock for Q1 2014, up 12% quarter-over-quarter.
- 21 funds opened new InterDigital positions in Q1 2014 and 37 closed out, a net change of -16 holders.
- The largest InterDigital buyer in Q1 2014 was Shannon River Fund Management, an estimated $25.3M added.
- The largest InterDigital seller in Q1 2014 was Paulson & Co, an estimated $48.1M sold.
Based on aggregated 13F filings for Q1 2014.