IDT Corp
95 hedge funds and large institutions have $124M invested in IDT Corp in 2017 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 23 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
4% less funds holding
Funds holding: 99 → 95 (-4)
7.04% less ownership
Funds ownership: 66.65% → 59.61% (-7%)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
19% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $1.54M
33% less capital invested
Capital invested by funds: $185M → $124M (-$60.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.58M |
| 2 |
Bank of New York Mellon
New York
|
+$1.41M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.32M |
| 4 |
Renaissance Technologies
New York
|
+$1.01M |
| 5 |
Morgan Stanley
New York
|
+$914K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$5.07M |
| 2 |
JP Morgan Chase
New York
|
-$4.02M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.47M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.29M |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$2.16M |
IDT Hedge Fund Activity: Q4 2017 in Review
95 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q4 2017, worth a combined $124M — down 33% from $185M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of IDT and 19 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 31 added.
The largest buyer was Vanguard Group, adding an estimated $1.58M. The largest seller was Cloverdale Capital Management, exiting entirely with an estimated $5.07M sold.
- 95 institutional investors held IDT Corp (IDT) as of Q4 2017, down from 99 in Q3 2017.
- Funds reported $124M of IDT Corp stock for Q4 2017, down 33% quarter-over-quarter.
- 19 funds opened new IDT Corp positions in Q4 2017 and 23 closed out, a net change of -4 holders.
- The largest IDT Corp buyer in Q4 2017 was Vanguard Group, an estimated $1.58M added.
- The largest IDT Corp seller in Q4 2017 was Cloverdale Capital Management, an estimated $5.07M sold.
Based on aggregated 13F filings for Q4 2017.