IDT Corp
IDT
121 hedge funds and large institutions have $368M invested in IDT Corp in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 21 closing their positions.
89% more call options, than puts
Call options by funds: $9.34M | Put options by funds: $4.94M
63% more capital invested
Capital invested by funds: $226M → $368M (+$142M)
3.02% more ownership
Funds ownership: 42.68% → 45.7% (+3%)
5% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 41
3% less funds holding
Funds holding: 125 → 121 (-4)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$14.9M |
| 2 |
Morgan Stanley
New York
|
+$10.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.42M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$7.69M |
| 5 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.06M |
| 2 |
HF
HRT Financial
New York
|
-$1.68M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.28M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.14M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.09M |
IDT Hedge Fund Activity: Q4 2023 in Review
121 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q4 2023, worth a combined $368M — up 63% from $226M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IDT and 18 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 39 added.
The largest buyer was Royce & Associates, opening a new position worth an estimated $14.9M. The largest seller was Millennium Management, cutting an estimated $2.06M.
- 121 institutional investors held IDT Corp (IDT) as of Q4 2023, down from 125 in Q3 2023.
- Funds reported $368M of IDT Corp stock for Q4 2023, up 63% quarter-over-quarter.
- 18 funds opened new IDT Corp positions in Q4 2023 and 21 closed out, a net change of -3 holders.
- The largest IDT Corp buyer in Q4 2023 was Royce & Associates, an estimated $14.9M added.
- The largest IDT Corp seller in Q4 2023 was Millennium Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q4 2023.