IDT Corp
71 hedge funds and large institutions have $58.9M invested in IDT Corp in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 32 reducing their positions, and 27 closing their positions.
5.99% less ownership
Funds ownership: 51% → 45.02% (-6%)
15% less funds holding
Funds holding: 84 → 71 (-13)
21% less capital invested
Capital invested by funds: $74.4M → $58.9M (-$15.5M)
35% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $1.59M
44% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 27
50% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.81M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.43M |
| 3 |
Goldman Sachs
New York
|
+$1.52M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.5M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.16M |
| 2 |
BlackRock
New York
|
-$4.61M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.05M |
| 4 |
SAM
Silphium Asset Management
London,
United Kingdom
|
-$1.44M |
| 5 |
Bank of New York Mellon
New York
|
-$1.44M |
IDT Hedge Fund Activity: Q2 2018 in Review
71 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q2 2018, worth a combined $58.9M — down 21% from $74.4M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of IDT and 15 opened new positions — a net loss of 12 holders — while 32 trimmed existing stakes and 16 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.81M. The largest seller was Vanguard Group, cutting an estimated $6.16M.
- 71 institutional investors held IDT Corp (IDT) as of Q2 2018, down from 84 in Q1 2018.
- Funds reported $58.9M of IDT Corp stock for Q2 2018, down 21% quarter-over-quarter.
- 15 funds opened new IDT Corp positions in Q2 2018 and 27 closed out, a net change of -12 holders.
- The largest IDT Corp buyer in Q2 2018 was Millennium Management, an estimated $2.81M added.
- The largest IDT Corp seller in Q2 2018 was Vanguard Group, an estimated $6.16M sold.
Based on aggregated 13F filings for Q2 2018.