IDT Corp
105 hedge funds and large institutions have $177M invested in IDT Corp in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 12 increasing their positions, 75 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
33% more call options, than puts
Call options by funds: $220K | Put options by funds: $166K
8% more funds holding
Funds holding: 97 → 105 (+8)
6% less capital invested
Capital invested by funds: $189M → $177M (-$11.9M)
13.66% less ownership
Funds ownership: 82.45% → 68.79% (-14%)
84% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$1.68M |
| 2 |
TAAM
Top Ace Asset Management
Hong Kong
|
+$654K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$506K |
| 4 |
Goldman Sachs
New York
|
+$389K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$2.93M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.61M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.6M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.14M |
| 5 |
Morgan Stanley
New York
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | -$122 | -11 | -17% |
|
|
DA
102
Denali Advisors
San Diego,
California
| $1K | -$122 | -11 | -16% |
|
|
TWA
103
TCI Wealth Advisors
Tucson,
Arizona
| $1K | -$89 | -8 | -15% |
|
|
AG
104
Advisor Group
Phoenix,
Arizona
| $1K | +$1.24K | +112 | New |
|
|
OSAM
105
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1.83M | -163,224 | Closed |
|
106
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$1.28M | -116,534 | Closed |
|
|
BIM
107
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$214K | -19,502 | Closed |
|
108
Los Angeles Capital Management
Los Angeles,
California
| – | -$203K | -18,431 | Closed |
|
109
Envestnet Asset Management
Chicago,
Illinois
| – | -$27K | -2,450 | Closed |
|
110
Walleye Trading
New York
| – | -$13.8K | -1,249 | Closed |
|
|
FAM
111
Formidable Asset Management
Cincinnati,
Ohio
| – | -$5K | -470 | Closed |
|
112
Simplex Trading
Chicago,
Illinois
| – | -$4.07K | -368 | Closed |
|
113
First Manhattan
New York
| – | -$343 | -31 | -28% |
|
IDT Hedge Fund Activity: Q2 2016 in Review
105 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q2 2016, worth a combined $177M — down 6.3% from $189M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IDT positions and 8 closed out — a net gain of 10 holders — while 12 added to existing stakes and 75 trimmed.
The largest buyer was Charles Schwab, adding an estimated $1.68M. The largest seller was Renaissance Technologies, cutting an estimated $2.93M.
- 105 institutional investors held IDT Corp (IDT) as of Q2 2016, up from 97 in Q1 2016.
- Funds reported $177M of IDT Corp stock for Q2 2016, down 6.3% quarter-over-quarter.
- 18 funds opened new IDT Corp positions in Q2 2016 and 8 closed out, a net change of +10 holders.
- The largest IDT Corp buyer in Q2 2016 was Charles Schwab, an estimated $1.68M added.
- The largest IDT Corp seller in Q2 2016 was Renaissance Technologies, an estimated $2.93M sold.
Based on aggregated 13F filings for Q2 2016.