IDT Corp
104 hedge funds and large institutions have $180M invested in IDT Corp in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 42 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
3% more funds holding
Funds holding: 101 → 104 (+3)
1.97% more ownership
Funds ownership: 65.23% → 67.21% (+2%)
5% more call options, than puts
Call options by funds: $60K | Put options by funds: $57K
3% more capital invested
Capital invested by funds: $174M → $180M (+$5.68M)
17% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Bandera Partners
New York
|
+$6.85M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.32M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
+$1.86M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.76M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.98M |
| 2 |
SAM
Steinberg Asset Management
New York
|
-$3.12M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.79M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$954K |
| 5 |
AG
Algert Global
San Francisco,
California
|
-$896K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
101
Denali Advisors
San Diego,
California
| $1K | – | – | – |
|
102
First Manhattan
New York
| $1K | – | – | – |
|
|
BAM
103
Brave Asset Management
Summit,
New Jersey
| $1K | +$1.31K | +93 | New |
|
104
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $219 | -$1.96K | -139 | -0.8% |
|
|
SAM
105
Steinberg Asset Management
New York
| – | -$3.12M | -249,058 | Closed |
|
|
SAM
106
Shell Asset Management
The Hague,
Netherlands
| – | -$838K | -66,867 | Closed |
|
|
ARTA
107
A.R.T. Advisors
New York
| – | -$796K | -63,521 | Closed |
|
|
SCM
108
Sterling Capital Management
Charlotte,
North Carolina
| – | -$357K | -28,518 | Closed |
|
109
D.E. Shaw & Co
New York
| – | -$318K | -25,394 | Closed |
|
110
LPL Financial
San Diego,
California
| – | -$320K | -24,172 | Closed |
|
|
PP
111
PDT Partners
New York
| – | -$211K | -16,806 | Closed |
|
|
DC
112
Deere & Company
Moline,
Illinois
| – | -$186K | -14,867 | Closed |
|
113
Citadel Advisors
Miami,
Florida
| – | -$180K | -14,359 | Closed |
|
114
UBS AM
Chicago,
Illinois
| – | -$179K | -14,299 | Closed |
|
IDT Hedge Fund Activity: Q4 2013 in Review
104 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q4 2013, worth a combined $180M — up 3.3% from $174M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IDT positions and 10 closed out — a net gain of 3 holders — while 35 added to existing stakes and 42 trimmed.
The largest buyer was Bandera Partners, opening a new position worth an estimated $6.85M. The largest seller was Numeric Investors, cutting an estimated $3.98M.
- 104 institutional investors held IDT Corp (IDT) as of Q4 2013, up from 101 in Q3 2013.
- Funds reported $180M of IDT Corp stock for Q4 2013, up 3.3% quarter-over-quarter.
- 13 funds opened new IDT Corp positions in Q4 2013 and 10 closed out, a net change of +3 holders.
- The largest IDT Corp buyer in Q4 2013 was Bandera Partners, an estimated $6.85M added.
- The largest IDT Corp seller in Q4 2013 was Numeric Investors, an estimated $3.98M sold.
Based on aggregated 13F filings for Q4 2013.