IDT Corp
IDT
72 hedge funds and large institutions have $66.1M invested in IDT Corp in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 12 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
6% more capital invested
Capital invested by funds: $62.3M → $66.1M (+$3.79M)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
1% less funds holding
Funds holding: 73 → 72 (-1)
5.18% less ownership
Funds ownership: 45.45% → 40.26% (-5.2%)
24% less call options, than puts
Call options by funds: $544K | Put options by funds: $715K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$922K |
| 3 |
D.E. Shaw & Co
New York
|
+$826K |
| 4 |
Renaissance Technologies
New York
|
+$764K |
| 5 |
Goldman Sachs
New York
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.99M |
| 3 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.26M |
| 4 |
Two Sigma Investments
New York
|
-$510K |
| 5 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$492K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
76
A.R.T. Advisors
New York
| – | -$114K | -18,447 | Closed |
|
|
CCIA
77
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$98K | -14,245 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$86K | -13,846 | Closed |
|
|
AGM
79
Alpine Global Management
New York
| – | -$69K | -11,137 | Closed |
|
80
Group One Trading
Chicago,
Illinois
| – | -$25.9K | -3,887 | Closed |
|
81
Simplex Trading
Chicago,
Illinois
| – | -$25.4K | -3,811 | Closed |
|
82
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -333 | Closed |
|
83
Parallax Volatility Advisers
San Francisco,
California
| – | -$1K | -137 | Closed |
|
IDT Hedge Fund Activity: Q1 2019 in Review
72 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2019, worth a combined $66.1M — up 6.1% from $62.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IDT and 11 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 29 added.
The largest buyer was Acadian Asset Management, adding an estimated $1.5M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $2.7M sold.
- 72 institutional investors held IDT Corp (IDT) as of Q1 2019, down from 73 in Q4 2018.
- Funds reported $66.1M of IDT Corp stock for Q1 2019, up 6.1% quarter-over-quarter.
- 11 funds opened new IDT Corp positions in Q1 2019 and 12 closed out, a net change of -1 holder.
- The largest IDT Corp buyer in Q1 2019 was Acadian Asset Management, an estimated $1.5M added.
- The largest IDT Corp seller in Q1 2019 was Hotchkis & Wiley Capital Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2019.