IDT Corp
134 hedge funds and large institutions have $424M invested in IDT Corp in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 46 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
15% more capital invested
Capital invested by funds: $368M → $424M (+$56.4M)
11% more funds holding
Funds holding: 121 → 134 (+13)
1.4% more ownership
Funds ownership: 45.7% → 47.1% (+1.4%)
17% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 46
40% less call options, than puts
Call options by funds: $9.11M | Put options by funds: $15.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$22M |
| 2 |
RA
Royce & Associates
New York
|
+$6.38M |
| 3 |
Cerity Partners
New York
|
+$3.57M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.61M |
| 5 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.4M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$7.35M |
| 3 |
BlackRock
New York
|
-$2.77M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.64M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.22M |
IDT Hedge Fund Activity: Q1 2024 in Review
134 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2024, worth a combined $424M — up 15% from $368M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new IDT positions and 11 closed out — a net gain of 13 holders — while 38 added to existing stakes and 46 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $22M. The largest seller was Morgan Stanley, cutting an estimated $11.4M.
- 134 institutional investors held IDT Corp (IDT) as of Q1 2024, up from 121 in Q4 2023.
- Funds reported $424M of IDT Corp stock for Q1 2024, up 15% quarter-over-quarter.
- 24 funds opened new IDT Corp positions in Q1 2024 and 11 closed out, a net change of +13 holders.
- The largest IDT Corp buyer in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $22M added.
- The largest IDT Corp seller in Q1 2024 was Morgan Stanley, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2024.