IDT Corp
142 hedge funds and large institutions have $397M invested in IDT Corp in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 41 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
46% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 41
6% more funds holding
Funds holding: 134 → 142 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.66% less ownership
Funds ownership: 47.1% → 46.44% (-0.66%)
6% less capital invested
Capital invested by funds: $424M → $397M (-$27.3M)
16% less call options, than puts
Call options by funds: $7.07M | Put options by funds: $8.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$1.72M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.33M |
| 3 |
Renaissance Technologies
New York
|
+$1.09M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.02M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$4.02M |
| 2 |
RA
Royce & Associates
New York
|
-$3.07M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.62M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.22M |
| 5 |
Cerity Partners
New York
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Capital
New York
| – | -$95.1K | -2,530 | Closed |
|
|
MLICM
152
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$34.4K | -911 | Closed |
|
|
FCAS
153
First Command Advisory Services
Fort Worth,
Texas
| – | -$756 | -20 | Closed |
|
|
AWM
154
Avior Wealth Management
Omaha,
Nebraska
| – | -$113 | -3 | Closed |
|
IDT Hedge Fund Activity: Q2 2024 in Review
142 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q2 2024, worth a combined $397M — down 6.4% from $424M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IDT positions and 12 closed out — a net gain of 9 holders — while 60 added to existing stakes and 41 trimmed.
The largest buyer was Norges Bank, opening a new position worth an estimated $1.72M. The largest seller was Alta Fox Capital Management, cutting an estimated $4.02M.
- 142 institutional investors held IDT Corp (IDT) as of Q2 2024, up from 134 in Q1 2024.
- Funds reported $397M of IDT Corp stock for Q2 2024, down 6.4% quarter-over-quarter.
- 21 funds opened new IDT Corp positions in Q2 2024 and 12 closed out, a net change of +9 holders.
- The largest IDT Corp buyer in Q2 2024 was Norges Bank, an estimated $1.72M added.
- The largest IDT Corp seller in Q2 2024 was Alta Fox Capital Management, an estimated $4.02M sold.
Based on aggregated 13F filings for Q2 2024.