IDT Corp
97 hedge funds and large institutions have $194M invested in IDT Corp in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 13 closing their positions.
35% more capital invested
Capital invested by funds: $144M → $194M (+$50.3M)
26% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 34
2.32% more ownership
Funds ownership: 80.13% → 82.45% (+2.3%)
8% less funds holding
Funds holding: 106 → 97 (-9)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
69% less call options, than puts
Call options by funds: $394K | Put options by funds: $1.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.42M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.33M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.09M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$732K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.92M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.89M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.33M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.12M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$969K |
IDT Hedge Fund Activity: Q1 2016 in Review
97 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2016, worth a combined $194M — up 35% from $144M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IDT and 5 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 43 added.
The largest buyer was Vanguard Group, adding an estimated $9.42M. The largest seller was Millennium Management, cutting an estimated $1.92M.
- 97 institutional investors held IDT Corp (IDT) as of Q1 2016, down from 106 in Q4 2015.
- Funds reported $194M of IDT Corp stock for Q1 2016, up 35% quarter-over-quarter.
- 5 funds opened new IDT Corp positions in Q1 2016 and 13 closed out, a net change of -8 holders.
- The largest IDT Corp buyer in Q1 2016 was Vanguard Group, an estimated $9.42M added.
- The largest IDT Corp seller in Q1 2016 was Millennium Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2016.