IDT Corp
97 hedge funds and large institutions have $180M invested in IDT Corp in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 12 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
7% more capital invested
Capital invested by funds: $168M → $180M (+$11.7M)
1.19% more ownership
Funds ownership: 66.48% → 67.67% (+1.2%)
1% more funds holding
Funds holding: 96 → 97 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less call options, than puts
Call options by funds: $548K | Put options by funds: $600K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.29M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.18M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$1.64M |
| 4 |
Morgan Stanley
New York
|
+$1.57M |
| 5 |
SAM
Silphium Asset Management
London,
United Kingdom
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LG Capital Management
Owings Mills,
Maryland
|
-$1.9M |
| 2 |
JP Morgan Chase
New York
|
-$1.8M |
| 3 |
CCP
Centaur Capital Partners
Southlake,
Texas
|
-$1.42M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$941K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$907K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CBOA
101
Commonwealth Bank of Australia
Sydney, NSW,
Australia
| – | -$600K | -50,972 | Closed |
|
102
ProShare Advisors
Bethesda,
Maryland
| – | -$259K | -22,039 | Closed |
|
|
NI
103
Numeric Investors
Boston,
Massachusetts
| – | -$259K | -21,977 | Closed |
|
|
ST
104
Spot Trading
Chicago,
Illinois
| – | -$253K | -21,534 | Closed |
|
105
Nomura Holdings
Tokyo,
Japan
| – | -$215K | -18,185 | Closed |
|
|
ARTA
106
A.R.T. Advisors
New York
| – | -$175K | -14,934 | Closed |
|
107
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$154K | -13,053 | Closed |
|
|
HK
108
Horizon Kinetics
New York
| – | -$108K | -9,221 | Closed |
|
|
DA
109
Denali Advisors
San Diego,
California
| – | -$1K | -51 | Closed |
|
IDT Hedge Fund Activity: Q2 2014 in Review
97 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q2 2014, worth a combined $180M — up 7% from $168M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IDT positions and 12 closed out — a net gain of 1 holder — while 37 added to existing stakes and 33 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.29M. The largest seller was LG Capital Management, exiting entirely with an estimated $1.9M sold.
- 97 institutional investors held IDT Corp (IDT) as of Q2 2014, up from 96 in Q1 2014.
- Funds reported $180M of IDT Corp stock for Q2 2014, up 7% quarter-over-quarter.
- 13 funds opened new IDT Corp positions in Q2 2014 and 12 closed out, a net change of +1 holder.
- The largest IDT Corp buyer in Q2 2014 was Vanguard Group, an estimated $2.29M added.
- The largest IDT Corp seller in Q2 2014 was LG Capital Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2014.