InterDigital
IDCC
276 hedge funds and large institutions have $2.11B invested in InterDigital in 2017 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 100 increasing their positions, 95 reducing their positions, and 34 closing their positions.
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
2.05% more ownership
Funds ownership: 69.18% → 71.23% (+2%)
1% more funds holding
Funds holding: 272 → 276 (+4)
5% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 95
5% more call options, than puts
Call options by funds: $27.4M | Put options by funds: $26M
3% less capital invested
Capital invested by funds: $2.16B → $2.11B (-$55.8M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$358M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$19.5M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$11.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$8.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.2M |
| 2 |
FL
Fort LP
Chevy Chase,
Maryland
|
-$10.1M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$9.54M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$9.05M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.99M |
IDCC Hedge Fund Activity: Q1 2017 in Review
276 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q1 2017, worth a combined $2.11B — down 2.6% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new IDCC positions and 34 closed out — a net gain of 11 holders — while 100 added to existing stakes and 95 trimmed.
The largest buyer was BlackRock, adding an estimated $358M. The largest seller was Morgan Stanley, cutting an estimated $13.2M.
- 276 institutional investors held InterDigital (IDCC) as of Q1 2017, up from 272 in Q4 2016.
- Funds reported $2.11B of InterDigital stock for Q1 2017, down 2.6% quarter-over-quarter.
- 45 funds opened new InterDigital positions in Q1 2017 and 34 closed out, a net change of +11 holders.
- The largest InterDigital buyer in Q1 2017 was BlackRock, an estimated $358M added.
- The largest InterDigital seller in Q1 2017 was Morgan Stanley, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2017.