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InterDigital

181 hedge funds and large institutions have $1.09B invested in InterDigital in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 73 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more call options, than puts

Call options by funds: $20.6M | Put options by funds: $17.5M

16% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 19

1% more funds holding

Funds holding: 180181 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

21% less capital invested

Capital invested by funds: $1.37B → $1.09B (-$284M)

23% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 73

Holders
181
Holders Change
+1
Holders Change %
+0.56%
% of All Funds
5.25%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
22
Increased
56
Reduced
73
Closed
19
Calls
$20.6M
Puts
$17.5M
Net Calls
+$3.17M
Net Calls Change
-$17.2M
Name Holding Trade Value Shares
Change
Change in
Stake
FPA
1
First Pacific Advisors
California
$124M +$9.63M +218,879 +8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$98.9M -$770K -17,504 -0.7%
BFA
3
BlackRock Fund Advisors
California
$77.5M -$84.9K -1,929 -0.1%
State Street
4
State Street
Massachusetts
$55.3M -$976K -22,169 -2%
HA
5
Heartland Advisors
Wisconsin
$48.4M +$142K +3,221 +0.3%
SRFM
6
Shannon River Fund Management
New York
$45.8M
BIT
7
BlackRock Institutional Trust
California
$45.2M -$1.75M -39,721 -3%
CCMLC
8
Cardinal Capital Management LLC (Connecticut)
Connecticut
$42.1M -$2.8M -63,741 -6%
Northern Trust
9
Northern Trust
Illinois
$32.9M +$6.82M +154,889 +23%
BTW
10
Boston Trust Walden
Massachusetts
$29.9M -$844K -19,182 -2%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$28.7M +$7.94M +180,404 +33%
TAM
12
Third Avenue Management
New York
$25.8M
Ameriprise
13
Ameriprise
Minnesota
$22.9M -$727K -16,529 -3%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$22.3M +$2.03M +46,056 +9%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$19.9M -$471K -10,693 -2%
CCM
16
Corsair Capital Management
New York
$19.1M -$5.28M -120,047 -20%
GAM
17
Gotham Asset Management
New York
$18.7M +$3.96M +89,967 +24%
New York State Common Retirement Fund
18
New York State Common Retirement Fund
New York
$18.4M -$387K -8,800 -2%
Renaissance Technologies
19
Renaissance Technologies
New York
$18M -$2.62M -59,600 -12%
Norges Bank
20
Norges Bank
Norway
$15.9M -$15.2M -346,346 -46%
UM
21
Ulysses Management
New York
$14.7M +$1.98M +45,000 +14%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$12.2M +$735K +16,710 +6%
RFC
23
Russell Frank Company
Washington
$12.2M -$792K -18,000 -6%
COPPSERS
24
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$10.3M +$528K +11,989 +5%
Barclays
25
Barclays
United Kingdom
$9.33M -$1.24M -28,109 -11%

IDCC Hedge Fund Activity: Q3 2014 in Review

181 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q3 2014, worth a combined $1.09B — down 21% from $1.37B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new IDCC positions and 19 closed out — a net gain of 3 holders — while 56 added to existing stakes and 73 trimmed.

The largest buyer was First Pacific Advisors, adding an estimated $9.63M. The largest seller was Norges Bank, cutting an estimated $15.2M.

  • 181 institutional investors held InterDigital (IDCC) as of Q3 2014, up from 180 in Q2 2014.
  • Funds reported $1.09B of InterDigital stock for Q3 2014, down 21% quarter-over-quarter.
  • 22 funds opened new InterDigital positions in Q3 2014 and 19 closed out, a net change of +3 holders.
  • The largest InterDigital buyer in Q3 2014 was First Pacific Advisors, an estimated $9.63M added.
  • The largest InterDigital seller in Q3 2014 was Norges Bank, an estimated $15.2M sold.

Based on aggregated 13F filings for Q3 2014.