IDT Corp
107 hedge funds and large institutions have $271M invested in IDT Corp in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 22 closing their positions.
336% more call options, than puts
Call options by funds: $921K | Put options by funds: $211K
56% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 27
1.4% less ownership
Funds ownership: 45.79% → 44.39% (-1.4%)
8% less funds holding
Funds holding: 116 → 107 (-9)
24% less capital invested
Capital invested by funds: $358M → $271M (-$87.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$8.21M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.33M |
| 3 |
BlackRock
New York
|
+$2.64M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.82M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$798K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Bandera Partners
New York
|
-$11.8M |
| 2 |
Renaissance Technologies
New York
|
-$4.59M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$3.5M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.94M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
126
Ellevest Inc
New York
| – | +$154 | +6 | +600% |
|
127
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$514 | +20 | New |
|
IDT Hedge Fund Activity: Q3 2022 in Review
107 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q3 2022, worth a combined $271M — down 24% from $358M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IDT and 13 opened new positions — a net loss of 9 holders — while 27 trimmed existing stakes and 42 added.
The largest buyer was Alta Fox Capital Management, adding an estimated $8.21M. The largest seller was Bandera Partners, exiting entirely with an estimated $11.8M sold.
- 107 institutional investors held IDT Corp (IDT) as of Q3 2022, down from 116 in Q2 2022.
- Funds reported $271M of IDT Corp stock for Q3 2022, down 24% quarter-over-quarter.
- 13 funds opened new IDT Corp positions in Q3 2022 and 22 closed out, a net change of -9 holders.
- The largest IDT Corp buyer in Q3 2022 was Alta Fox Capital Management, an estimated $8.21M added.
- The largest IDT Corp seller in Q3 2022 was Bandera Partners, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2022.