Iridium Communications
IRDM
208 hedge funds and large institutions have $1.58B invested in Iridium Communications in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 73 increasing their positions, 59 reducing their positions, and 24 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
38% more capital invested
Capital invested by funds: $1.14B → $1.58B (+$434M)
24% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 59
5% more funds holding
Funds holding: 199 → 208 (+9)
4.25% less ownership
Funds ownership: 92.81% → 88.56% (-4.3%)
69% less call options, than puts
Call options by funds: $5.64M | Put options by funds: $18.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$14.3M |
| 2 |
BlackRock
New York
|
+$12.9M |
| 3 |
Renaissance Technologies
New York
|
+$9.21M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.09M |
| 5 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.3M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$22.7M |
| 3 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
-$17.2M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$6.54M |
| 5 |
PA
Pinnacle Associates
New York
|
-$5.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
226
Jefferies Group
New York
| – | -$233K | -20,755 | Closed |
|
227
Arrowstreet Capital
Boston,
Massachusetts
| – | -$174K | -15,500 | Closed |
|
|
CAS
228
Cue Advisory Services
Phoenix,
Arizona
| – | -$171K | -15,200 | Closed |
|
229
Tudor Investment Corp
Stamford,
Connecticut
| – | -$120K | -10,670 | Closed |
|
|
NIT
230
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$61K | -5,382 | Closed |
|
|
FPFS
231
First Personal Financial Services
Charlotte,
North Carolina
| – | -$10K | -858 | Closed |
|
|
SWP
232
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2K | -189 | Closed |
|
233
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -80 | Closed |
|
IRDM Hedge Fund Activity: Q2 2018 in Review
208 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2018, worth a combined $1.58B — up 38% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new IRDM positions and 24 closed out — a net gain of 10 holders — while 73 added to existing stakes and 59 trimmed.
The largest buyer was Capital World Investors, adding an estimated $14.3M. The largest seller was Fidelity Investments, cutting an estimated $42.3M.
- 208 institutional investors held Iridium Communications (IRDM) as of Q2 2018, up from 199 in Q1 2018.
- Funds reported $1.58B of Iridium Communications stock for Q2 2018, up 38% quarter-over-quarter.
- 34 funds opened new Iridium Communications positions in Q2 2018 and 24 closed out, a net change of +10 holders.
- The largest Iridium Communications buyer in Q2 2018 was Capital World Investors, an estimated $14.3M added.
- The largest Iridium Communications seller in Q2 2018 was Fidelity Investments, an estimated $42.3M sold.
Based on aggregated 13F filings for Q2 2018.