IDT Corp
120 hedge funds and large institutions have $288M invested in IDT Corp in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 54 increasing their positions, 34 reducing their positions, and 16 closing their positions.
156% more call options, than puts
Call options by funds: $918K | Put options by funds: $359K
59% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 34
1.23% less ownership
Funds ownership: 47.6% → 46.37% (-1.2%)
6% less funds holding
Funds holding: 128 → 120 (-8)
25% less capital invested
Capital invested by funds: $386M → $288M (-$97.4M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.66M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.54M |
| 3 |
BlackRock
New York
|
+$1.57M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$1.49M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$4.68M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.75M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.43M |
| 5 |
MAM
Must Asset Management
Seoul,
South Korea
|
-$814K |
IDT Hedge Fund Activity: Q2 2023 in Review
120 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in IDT Corp (IDT) for Q2 2023, worth a combined $288M — down 25% from $386M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IDT and 9 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 54 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.66M. The largest seller was Fidelity Investments, cutting an estimated $18.3M.
- 120 institutional investors held IDT Corp (IDT) as of Q2 2023, down from 128 in Q1 2023.
- Funds reported $288M of IDT Corp stock for Q2 2023, down 25% quarter-over-quarter.
- 9 funds opened new IDT Corp positions in Q2 2023 and 16 closed out, a net change of -7 holders.
- The largest IDT Corp buyer in Q2 2023 was Susquehanna International Group, an estimated $3.66M added.
- The largest IDT Corp seller in Q2 2023 was Fidelity Investments, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2023.