IDA ranks #1034 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
562 institutions disclose a position in IDA, but none treat it as a major bet — even Reaves W H & Co Inc, its most concentrated holder, allocates just 4.1% of its own portfolio to it.
Fidelity has added to its IDA position for two straight quarters, increasing it by $215.5M to reach $334.0M today.
Adage Capital Partners Gp, L.l.c. has trimmed its IDA position for two straight quarters, cutting it by $27.7M while still holding $21.9M.
IDA is down 0.3% today, but institutions show net buying of $1.9B this quarter — a divergence between today's price move and the underlying institutional flow.