IDT Corp
IDT
101 hedge funds and large institutions have $405M invested in IDT Corp in 2021 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 14 closing their positions.
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
26% more call options, than puts
Call options by funds: $9.63M | Put options by funds: $7.62M
18% more capital invested
Capital invested by funds: $344M → $405M (+$61.4M)
11% more funds holding
Funds holding: 91 → 101 (+10)
1.4% more ownership
Funds ownership: 38.5% → 39.9% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARS
Adirondack Retirement Specialists
Queensbury,
New York
|
+$16.3M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.52M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.13M |
| 4 |
BP
Bandera Partners
New York
|
+$4.67M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$10.4M |
| 2 |
Renaissance Technologies
New York
|
-$3.78M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.13M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$3.09M |
| 5 |
BlackRock
New York
|
-$2.49M |
IDT Hedge Fund Activity: Q3 2021 in Review
101 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q3 2021, worth a combined $405M — up 18% from $344M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IDT positions and 14 closed out — a net gain of 11 holders — while 32 added to existing stakes and 35 trimmed.
The largest buyer was Adirondack Retirement Specialists, opening a new position worth an estimated $16.3M. The largest seller was JP Morgan Chase, cutting an estimated $10.4M.
- 101 institutional investors held IDT Corp (IDT) as of Q3 2021, up from 91 in Q2 2021.
- Funds reported $405M of IDT Corp stock for Q3 2021, up 18% quarter-over-quarter.
- 25 funds opened new IDT Corp positions in Q3 2021 and 14 closed out, a net change of +11 holders.
- The largest IDT Corp buyer in Q3 2021 was Adirondack Retirement Specialists, an estimated $16.3M added.
- The largest IDT Corp seller in Q3 2021 was JP Morgan Chase, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2021.