Millennium Management’s Iridium Communications IRDM Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2021
Q2
Sell
-10,000
Closed -$413K 6778
2021
Q1
$413K Buy
+10,000
New +$438K ﹤0.01% 4980

Other funds holding IRDM

Millennium Management's IRDM Position: Q1 2026 in Review

Millennium Management reduced its Iridium Communications (IRDM) stake by 52% in Q1 2026, selling an estimated $12.2M and leaving 494,662 shares worth $13.7M. The position accounts for 0.01% of the portfolio, ranked #1866.

Millennium Management first reported a position in IRDM in Q3 2013 and has held it in 31 quarters since. The position peaked at $75.3M in Q2 2023. 379 funds tracked by Wall St. Rank hold IRDM as of Q1 2026.

  • Millennium Management held 494,662 shares of Iridium Communications worth $13.7M as of Q1 2026.
  • Millennium Management sold 542,619 Iridium Communications shares in Q1 2026, an estimated $12.2M.
  • Iridium Communications made up 0.01% of Millennium Management's portfolio in Q1 2026, its #1866 holding.
  • Millennium Management first reported a position in Iridium Communications in Q3 2013 and has held it in 31 quarters since.
  • Millennium Management's Iridium Communications position peaked at $75.3M in Q2 2023.
  • 379 funds tracked by Wall St. Rank held Iridium Communications as of Q1 2026.

Based on Millennium Management's 13F filing for Q1 2026, filed 15 May 2026.