IDT Corp
108 hedge funds and large institutions have $237M invested in IDT Corp in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 45 increasing their positions, 28 reducing their positions, and 18 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 28
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
8% more capital invested
Capital invested by funds: $219M → $237M (+$18.3M)
6% more funds holding
Funds holding: 102 → 108 (+6)
0.47% less ownership
Funds ownership: 70.86% → 70.39% (-0.47%)
34% less call options, than puts
Call options by funds: $530K | Put options by funds: $809K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.27M |
| 2 |
Morgan Stanley
New York
|
+$2.04M |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$1.96M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.73M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.14M |
| 3 |
Goldman Sachs
New York
|
-$1.57M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.56M |
| 5 |
Two Sigma Investments
New York
|
-$1.33M |
IDT Hedge Fund Activity: Q4 2016 in Review
108 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q4 2016, worth a combined $237M — up 8.4% from $219M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new IDT positions and 18 closed out — a net gain of 8 holders — while 45 added to existing stakes and 28 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $2.27M. The largest seller was Vanguard Group, cutting an estimated $8.74M.
- 108 institutional investors held IDT Corp (IDT) as of Q4 2016, up from 102 in Q3 2016.
- Funds reported $237M of IDT Corp stock for Q4 2016, up 8.4% quarter-over-quarter.
- 26 funds opened new IDT Corp positions in Q4 2016 and 18 closed out, a net change of +8 holders.
- The largest IDT Corp buyer in Q4 2016 was PNC Financial Services Group, an estimated $2.27M added.
- The largest IDT Corp seller in Q4 2016 was Vanguard Group, an estimated $8.74M sold.
Based on aggregated 13F filings for Q4 2016.