InterDigital
IDCC
212 hedge funds and large institutions have $1.38B invested in InterDigital in 2014 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 50 increasing their positions, 88 reducing their positions, and 20 closing their positions.
160% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 20
33% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $18.2M
26% more capital invested
Capital invested by funds: $1.09B → $1.38B (+$282M)
17% more funds holding
Funds holding: 181 → 212 (+31)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
43% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$12M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.78M |
| 3 |
D.E. Shaw & Co
New York
|
+$5.63M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.55M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$25.9M |
| 2 |
TAM
Third Avenue Management
New York
|
-$25.8M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$20M |
| 4 |
CCM
Corsair Capital Management
New York
|
-$19.1M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$13.2M |
IDCC Hedge Fund Activity: Q4 2014 in Review
212 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q4 2014, worth a combined $1.38B — up 26% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new IDCC positions and 20 closed out — a net gain of 32 holders — while 50 added to existing stakes and 88 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $12M. The largest seller was First Pacific Advisors, cutting an estimated $25.9M.
- 212 institutional investors held InterDigital (IDCC) as of Q4 2014, up from 181 in Q3 2014.
- Funds reported $1.38B of InterDigital stock for Q4 2014, up 26% quarter-over-quarter.
- 52 funds opened new InterDigital positions in Q4 2014 and 20 closed out, a net change of +32 holders.
- The largest InterDigital buyer in Q4 2014 was Guggenheim Capital, an estimated $12M added.
- The largest InterDigital seller in Q4 2014 was First Pacific Advisors, an estimated $25.9M sold.
Based on aggregated 13F filings for Q4 2014.