IDT Corp
IDT
97 hedge funds and large institutions have $189M invested in IDT Corp in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 13 closing their positions.
32% more capital invested
Capital invested by funds: $143M → $189M (+$45.9M)
26% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 34
2.31% more ownership
Funds ownership: 80.15% → 82.45% (+2.3%)
8% less funds holding
Funds holding: 106 → 97 (-9)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
69% less call options, than puts
Call options by funds: $394K | Put options by funds: $1.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.42M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.33M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.09M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$732K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.92M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.89M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.33M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.12M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$969K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Axa
Paris,
France
| – | -$293K | -35,550 | Closed |
|
102
Goldman Sachs
New York
| – | -$231K | -28,050 | Closed |
|
|
HHC
103
Hutchin Hill Capital
New York
| – | -$222K | -26,905 | Closed |
|
|
ARTA
104
A.R.T. Advisors
New York
| – | -$221K | -26,886 | Closed |
|
105
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$175K | -19,400 | Closed |
|
|
LA
106
Lucus Advisors
New York
| – | -$154K | -18,666 | Closed |
|
|
TAM
107
Tocqueville Asset Management
New York
| – | -$143K | -17,369 | Closed |
|
|
PG
108
PEAK6 Group
Chicago,
Illinois
| – | -$17K | -2,062 | Closed |
|
|
HIM
109
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$6K | -708 | Closed |
|
|
IA
110
IFP Advisors
Tampa,
Florida
| – | -$2K | -283 | Closed |
|
IDT Hedge Fund Activity: Q1 2016 in Review
97 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2016, worth a combined $189M — up 32% from $143M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IDT and 5 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 43 added.
The largest buyer was Vanguard Group, adding an estimated $9.42M. The largest seller was Millennium Management, cutting an estimated $1.92M.
- 97 institutional investors held IDT Corp (IDT) as of Q1 2016, down from 106 in Q4 2015.
- Funds reported $189M of IDT Corp stock for Q1 2016, up 32% quarter-over-quarter.
- 5 funds opened new IDT Corp positions in Q1 2016 and 13 closed out, a net change of -8 holders.
- The largest IDT Corp buyer in Q1 2016 was Vanguard Group, an estimated $9.42M added.
- The largest IDT Corp seller in Q1 2016 was Millennium Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2016.