Pacer Advisors Inc. Has $125.01 Million Position in InterDigital, Inc. (NASDAQ:IDCC)
Written by MarketBeat
March 26, 2024
Pacer Advisors Inc. raised its position in InterDigital, Inc. (NASDAQ:IDCC - Free Report) by 220.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,151,777 shares of the Wireless communications provider's stock after purchasing an additional 792,868 shares during the period. Pacer Advisors Inc. owned 4.48% of InterDigital worth $125,014,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of IDCC. Norges Bank purchased a new position in InterDigital in the fourth quarter valued at approximately $14,439,000. Marshall Wace LLP purchased a new position in shares of InterDigital in the 2nd quarter valued at $16,076,000. Two Sigma Investments LP purchased a new position in shares of InterDigital in the 1st quarter valued at $6,199,000. Vanguard Group Inc. grew its holdings in shares of InterDigital by 2.2% during the third quarter. Vanguard Group Inc. now owns 3,343,395 shares of the Wireless communications provider's stock worth $268,274,000 after purchasing an additional 72,720 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of InterDigital by 6.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,031,916 shares of the Wireless communications provider's stock worth $75,226,000 after purchasing an additional 65,217 shares during the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.
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