IDT Corp
64 hedge funds and large institutions have $69M invested in IDT Corp in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 27 reducing their positions, and 11 closing their positions.
14% more capital invested
Capital invested by funds: $60.3M → $69M (+$8.72M)
2.15% less ownership
Funds ownership: 44.44% → 42.3% (-2.1%)
3% less funds holding
Funds holding: 66 → 64 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
48% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$419K |
| 2 |
Squarepoint
New York
|
+$329K |
| 3 |
FI
Fosun International
Hong Kong,
China
|
+$194K |
| 4 |
Morgan Stanley
New York
|
+$167K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$1.56M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$430K |
| 3 |
JP Morgan Chase
New York
|
-$389K |
| 4 |
Renaissance Technologies
New York
|
-$281K |
| 5 |
JGC
J. Goldman & Co
New York
|
-$277K |
IDT Hedge Fund Activity: Q2 2020 in Review
64 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q2 2020, worth a combined $69M — up 14% from $60.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of IDT and 9 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 14 added.
The largest buyer was Vanguard Group, adding an estimated $419K. The largest seller was Nuveen, cutting an estimated $1.56M.
- 64 institutional investors held IDT Corp (IDT) as of Q2 2020, down from 66 in Q1 2020.
- Funds reported $69M of IDT Corp stock for Q2 2020, up 14% quarter-over-quarter.
- 9 funds opened new IDT Corp positions in Q2 2020 and 11 closed out, a net change of -2 holders.
- The largest IDT Corp buyer in Q2 2020 was Vanguard Group, an estimated $419K added.
- The largest IDT Corp seller in Q2 2020 was Nuveen, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2020.