InterDigital
IDCC
214 hedge funds and large institutions have $1.31B invested in InterDigital in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 71 increasing their positions, 82 reducing their positions, and 38 closing their positions.
191% more call options, than puts
Call options by funds: $41.5M | Put options by funds: $14.3M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% less funds holding
Funds holding: 227 → 214 (-13)
10% less capital invested
Capital invested by funds: $1.46B → $1.31B (-$143M)
13% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 82
32% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26M |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$15.7M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$13.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$10.4M |
| 5 |
Millennium Management
New York
|
+$5.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$12.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.5M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$7.39M |
| 4 |
Morgan Stanley
New York
|
-$7.09M |
| 5 |
State Street
Boston,
Massachusetts
|
-$6.04M |
IDCC Hedge Fund Activity: Q3 2015 in Review
214 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q3 2015, worth a combined $1.31B — down 9.8% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of IDCC and 26 opened new positions — a net loss of 12 holders — while 82 trimmed existing stakes and 71 added.
The largest buyer was JP Morgan Chase, adding an estimated $26M. The largest seller was Gotham Asset Management, cutting an estimated $12.5M.
- 214 institutional investors held InterDigital (IDCC) as of Q3 2015, down from 227 in Q2 2015.
- Funds reported $1.31B of InterDigital stock for Q3 2015, down 9.8% quarter-over-quarter.
- 26 funds opened new InterDigital positions in Q3 2015 and 38 closed out, a net change of -12 holders.
- The largest InterDigital buyer in Q3 2015 was JP Morgan Chase, an estimated $26M added.
- The largest InterDigital seller in Q3 2015 was Gotham Asset Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2015.