IDT Corp
125 hedge funds and large institutions have $226M invested in IDT Corp in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 39 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
26% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 39
23% more call options, than puts
Call options by funds: $4.33M | Put options by funds: $3.51M
4% more funds holding
Funds holding: 120 → 125 (+5)
3.69% less ownership
Funds ownership: 46.37% → 42.68% (-3.7%)
22% less capital invested
Capital invested by funds: $288M → $226M (-$62.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.44M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.27M |
| 3 |
ARS
Adirondack Retirement Specialists
Queensbury,
New York
|
+$1.22M |
| 4 |
AG
Algert Global
San Francisco,
California
|
+$1.12M |
| 5 |
HF
HRT Financial
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCG
Newport Capital Group
Red Bank,
New Jersey
|
-$17.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.92M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.21M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$2.07M |
IDT Hedge Fund Activity: Q3 2023 in Review
125 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q3 2023, worth a combined $226M — down 22% from $288M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new IDT positions and 10 closed out — a net gain of 5 holders — while 49 added to existing stakes and 39 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.44M. The largest seller was Newport Capital Group, exiting entirely with an estimated $17.2M sold.
- 125 institutional investors held IDT Corp (IDT) as of Q3 2023, up from 120 in Q2 2023.
- Funds reported $226M of IDT Corp stock for Q3 2023, down 22% quarter-over-quarter.
- 15 funds opened new IDT Corp positions in Q3 2023 and 10 closed out, a net change of +5 holders.
- The largest IDT Corp buyer in Q3 2023 was Morgan Stanley, an estimated $1.44M added.
- The largest IDT Corp seller in Q3 2023 was Newport Capital Group, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2023.