InterDigital
IDCC
258 hedge funds and large institutions have $1.85B invested in InterDigital in 2023 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 71 increasing their positions, 96 reducing their positions, and 23 closing their positions.
425% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $4.69M
130% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 23
52% more capital invested
Capital invested by funds: $1.22B → $1.85B (+$629M)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
12% more funds holding
Funds holding: 231 → 258 (+27)
2.56% more ownership
Funds ownership: 82.82% → 85.39% (+2.6%)
26% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$22.1M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$20.1M |
| 3 |
Goldman Sachs
New York
|
+$10.6M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
+$10.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$57M |
| 2 |
BlackRock
New York
|
-$22.9M |
| 3 |
CM
Capital Management
Glen Allen,
Virginia
|
-$13.1M |
| 4 |
Renaissance Technologies
New York
|
-$10.5M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$9.31M |
IDCC Hedge Fund Activity: Q1 2023 in Review
258 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in InterDigital (IDCC) for Q1 2023, worth a combined $1.85B — up 52% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new IDCC positions and 23 closed out — a net gain of 30 holders — while 71 added to existing stakes and 96 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), opening a new position worth an estimated $22.1M. The largest seller was Fidelity International, exiting entirely with an estimated $57M sold.
- 258 institutional investors held InterDigital (IDCC) as of Q1 2023, up from 231 in Q4 2022.
- Funds reported $1.85B of InterDigital stock for Q1 2023, up 52% quarter-over-quarter.
- 53 funds opened new InterDigital positions in Q1 2023 and 23 closed out, a net change of +30 holders.
- The largest InterDigital buyer in Q1 2023 was Cardinal Capital Management LLC (Connecticut), an estimated $22.1M added.
- The largest InterDigital seller in Q1 2023 was Fidelity International, an estimated $57M sold.
Based on aggregated 13F filings for Q1 2023.