IDT Corp
IDT
119 hedge funds and large institutions have $378M invested in IDT Corp in 2022 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 23 increasing their positions, 59 reducing their positions, and 26 closing their positions.
68% more call options, than puts
Call options by funds: $1.79M | Put options by funds: $1.07M
0.44% more ownership
Funds ownership: 43.74% → 44.19% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
2% less funds holding
Funds holding: 121 → 119 (-2)
19% less capital invested
Capital invested by funds: $467M → $378M (-$88.6M)
61% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KBG
Kahn Brothers Group
New York
|
+$17.4M |
| 2 |
BP
Bandera Partners
New York
|
+$8.68M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.23M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$3.72M |
| 5 |
Millennium Management
New York
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARS
Adirondack Retirement Specialists
Queensbury,
New York
|
-$10.1M |
| 2 |
BlackRock
New York
|
-$10.1M |
| 3 |
Renaissance Technologies
New York
|
-$2.71M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.19M |
| 5 |
Aviva
London,
United Kingdom
|
-$2.19M |
IDT Hedge Fund Activity: Q1 2022 in Review
119 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2022, worth a combined $378M — down 19% from $467M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of IDT and 25 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 23 added.
The largest buyer was Kahn Brothers Group, opening a new position worth an estimated $17.4M. The largest seller was Adirondack Retirement Specialists, cutting an estimated $10.1M.
- 119 institutional investors held IDT Corp (IDT) as of Q1 2022, down from 121 in Q4 2021.
- Funds reported $378M of IDT Corp stock for Q1 2022, down 19% quarter-over-quarter.
- 25 funds opened new IDT Corp positions in Q1 2022 and 26 closed out, a net change of -1 holder.
- The largest IDT Corp buyer in Q1 2022 was Kahn Brothers Group, an estimated $17.4M added.
- The largest IDT Corp seller in Q1 2022 was Adirondack Retirement Specialists, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2022.