IDT Corp
IDT
101 hedge funds and large institutions have $174M invested in IDT Corp in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 68 reducing their positions, and 8 closing their positions.
550% more call options, than puts
Call options by funds: $585K | Put options by funds: $90K
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
5% more funds holding
Funds holding: 96 → 101 (+5)
1% less capital invested
Capital invested by funds: $176M → $174M (-$1.26M)
8.52% less ownership
Funds ownership: 73.75% → 65.23% (-8.5%)
72% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.11M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$2.99M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.03M |
| 4 |
Morgan Stanley
New York
|
+$848K |
| 5 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
-$3.75M |
| 2 |
Renaissance Technologies
New York
|
-$3.45M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3.26M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.76M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $220 | -$47.3K | -3,895 | -18% |
|
102
Millennium Management
New York
| – | -$756K | -67,764 | Closed |
|
|
HHC
103
Hutchin Hill Capital
New York
| – | -$721K | -64,662 | Closed |
|
104
Jane Street
New York
| – | -$383K | -34,299 | Closed |
|
105
First Trust Advisors
Wheaton,
Illinois
| – | -$372K | -33,326 | Closed |
|
106
Two Sigma Advisers
New York
| – | -$331K | -29,605 | Closed |
|
107
Two Sigma Investments
New York
| – | -$225K | -20,139 | Closed |
|
|
EMG
108
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$221K | -19,767 | Closed |
|
109
US Bancorp
Minneapolis,
Minnesota
| – | -$159K | -14,289 | Closed |
|
IDT Hedge Fund Activity: Q3 2013 in Review
101 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q3 2013, worth a combined $174M — down 0.72% from $176M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IDT positions and 8 closed out — a net gain of 6 holders — while 19 added to existing stakes and 68 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $6.11M. The largest seller was Corsair Capital Management, cutting an estimated $3.75M.
- 101 institutional investors held IDT Corp (IDT) as of Q3 2013, up from 96 in Q2 2013.
- Funds reported $174M of IDT Corp stock for Q3 2013, down 0.72% quarter-over-quarter.
- 14 funds opened new IDT Corp positions in Q3 2013 and 8 closed out, a net change of +6 holders.
- The largest IDT Corp buyer in Q3 2013 was Acadian Asset Management, an estimated $6.11M added.
- The largest IDT Corp seller in Q3 2013 was Corsair Capital Management, an estimated $3.75M sold.
Based on aggregated 13F filings for Q3 2013.