IDT Corp
IDT
104 hedge funds and large institutions have $165M invested in IDT Corp in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 30 reducing their positions, and 19 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 30
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
1% more ownership
Funds ownership: 70.39% → 71.39% (+1%)
4% less funds holding
Funds holding: 108 → 104 (-4)
30% less capital invested
Capital invested by funds: $237M → $165M (-$72M)
54% less call options, than puts
Call options by funds: $758K | Put options by funds: $1.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.05M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.01M |
| 4 |
JP Morgan Chase
New York
|
+$2.79M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.22M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.8M |
| 4 |
Millennium Management
New York
|
-$1.71M |
| 5 |
Morgan Stanley
New York
|
-$1.63M |
IDT Hedge Fund Activity: Q1 2017 in Review
104 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q1 2017, worth a combined $165M — down 30% from $237M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new IDT positions and 19 closed out — a net gain of 1 holder — while 43 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $20.9M. The largest seller was Numeric Investors, cutting an estimated $5.22M.
- 104 institutional investors held IDT Corp (IDT) as of Q1 2017, down from 108 in Q4 2016.
- Funds reported $165M of IDT Corp stock for Q1 2017, down 30% quarter-over-quarter.
- 20 funds opened new IDT Corp positions in Q1 2017 and 19 closed out, a net change of +1 holder.
- The largest IDT Corp buyer in Q1 2017 was BlackRock, an estimated $20.9M added.
- The largest IDT Corp seller in Q1 2017 was Numeric Investors, an estimated $5.22M sold.
Based on aggregated 13F filings for Q1 2017.