InterDigital
IDCC
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.
97% more call options, than puts
Call options by funds: $42.1M | Put options by funds: $21.4M
40% more capital invested
Capital invested by funds: $982M → $1.37B (+$393M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2% less funds holding
Funds holding: 183 → 180 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$31.4M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$14.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$14.4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.21M |
| 5 |
D.E. Shaw & Co
New York
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$13.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$11.3M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$11.1M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$11M |
IDCC Hedge Fund Activity: Q2 2014 in Review
180 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q2 2014, worth a combined $1.37B — up 40% from $982M 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.