Espalier Global Management’s ORBCOMM, Inc. ORBC Stock Holding History

Espalier Global Management’s Portfolio ORBC Stock Details ORBC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-125,000	Closed	-$1.28M	–	72
2016 Q3	$1.28M	Sell	125,000 -28,298	-18%	-$289K	0.42%	48
2016 Q2	$1.52M	Buy	153,298 +15,798	+11%	+$152K	1.68%	23
2016 Q1	$1.39M	Sell	137,500 -512,500	-79%	-$4.18M	0.18%	50
2015 Q4	$4.71M	Buy	650,000 +37,500	+6%	+$240K	1.21%	28
2015 Q3	$3.42M	Buy	612,500 +147,500	+32%	+$888K	0.55%	50
2015 Q2	$3.14M	Sell	465,000 -335,000	-42%	-$2.18M	0.51%	43
2015 Q1	$4.78M	Buy	800,000 +290,600	+57%	+$1.7M	0.49%	36
2014 Q4	$3.33M	Buy	+509,400	New	+$3.21M	0.55%	59

Other funds holding ORBC

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return

Adage Capital Partners Boston, Massachusetts $64.8B AUM 42.7% 1-Year Est. Return

LHC

Levy Harkins & Co New York $393M AUM 26.94% 1-Year Est. Return

Loomis, Sayles & Company Boston, Massachusetts $74.3B AUM 24.01% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Espalier Global Management's ORBC Position: Q4 2016 in Review

Espalier Global Management sold out of ORBCOMM, Inc. (ORBC) in Q4 2016, closing a stake of 125,000 shares — an estimated $1.28M sold.

Espalier Global Management first reported a position in ORBC in Q4 2014 and held it in 8 quarters. The position peaked at $4.78M in Q1 2015. 120 funds tracked by Wall St. Rank hold ORBC as of Q4 2016.

Espalier Global Management reported no remaining ORBCOMM, Inc. position as of Q4 2016 after selling out during the quarter.
Espalier Global Management sold 125,000 ORBCOMM, Inc. shares in Q4 2016, an estimated $1.28M.
Espalier Global Management first reported a position in ORBCOMM, Inc. in Q4 2014 and held it in 8 quarters.
Espalier Global Management's ORBCOMM, Inc. position peaked at $4.78M in Q1 2015.
120 funds tracked by Wall St. Rank held ORBCOMM, Inc. as of Q4 2016.

Based on Espalier Global Management's 13F filing for Q4 2016.