IDT Corp
IDT
84 hedge funds and large institutions have $74.4M invested in IDT Corp in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 54 reducing their positions, and 21 closing their positions.
66% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $637K
8.6% less ownership
Funds ownership: 59.61% → 51% (-8.6%)
12% less funds holding
Funds holding: 95 → 84 (-11)
40% less capital invested
Capital invested by funds: $124M → $74.4M (-$49.8M)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
65% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silphium Asset Management
London,
United Kingdom
|
+$1.69M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.27M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$810K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$489K |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$486K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$4.01M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.39M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.19M |
| 4 |
Renaissance Technologies
New York
|
-$1.91M |
| 5 |
BlackRock
New York
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
101
American Portfolios Advisors
Holbrook,
New York
| – | -$1.06K | -118 | Closed |
|
|
STA
102
Summit Trail Advisors
New York
| – | -$1K | -91 | Closed |
|
|
SPIA
103
Steward Partners Investment Advisory
New York
| – | -$219 | -24 | -16% |
|
104
First Manhattan
New York
| – | -$110 | -12 | -15% |
|
|
TWA
105
TCI Wealth Advisors
Tucson,
Arizona
| – | -$64 | -7 | -16% |
|
IDT Hedge Fund Activity: Q1 2018 in Review
84 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2018, worth a combined $74.4M — down 40% from $124M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IDT and 11 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 19 added.
The largest buyer was Silphium Asset Management, adding an estimated $1.69M. The largest seller was American Century Companies, exiting entirely with an estimated $4.01M sold.
- 84 institutional investors held IDT Corp (IDT) as of Q1 2018, down from 95 in Q4 2017.
- Funds reported $74.4M of IDT Corp stock for Q1 2018, down 40% quarter-over-quarter.
- 11 funds opened new IDT Corp positions in Q1 2018 and 21 closed out, a net change of -10 holders.
- The largest IDT Corp buyer in Q1 2018 was Silphium Asset Management, an estimated $1.69M added.
- The largest IDT Corp seller in Q1 2018 was American Century Companies, an estimated $4.01M sold.
Based on aggregated 13F filings for Q1 2018.