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Iridium Communications
IRDM

343 hedge funds and large institutions have $2.69B invested in Iridium Communications in 2024 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 116 increasing their positions, 129 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

230% more call options, than puts

Call options by funds: $39.1M | Put options by funds: $11.9M

41% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 39

4% more funds holding

Funds holding: 330 → 343 (+13)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

1% less capital invested

Capital invested by funds: $2.71B → $2.69B (-$18.8M)

1.19% less ownership

Funds ownership: 84.56% → 83.37% (-1.2%)

10% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 129

Holders
343
Holders Change
+13
Holders Change %
+3.94%
% of All Funds
4.95%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
55
Increased
116
Reduced
129
Closed
39
Calls
$39.1M
Puts
$11.9M
Net Calls
+$27.3M
Net Calls Change
-$1.73M

Top Buyers

1
Victory Capital Management
Victory Capital Management
Texas
+$44.3M
2
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$34.3M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$17.4M
4
Barclays
Barclays
United Kingdom
+$15.4M
5
CCPM
Cooper Creek Partners Management
New York
+$13.4M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$35.8M
2
ClearBridge Investments
ClearBridge Investments
New York
-$26.7M
3
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$25.2M
4
Millennium Management
Millennium Management
New York
-$24.8M
5
Select Equity Group
Select Equity Group
New York
-$23.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Two Sigma Investments
226
Two Sigma Investments
New York
$219K +$231K +8,222 New
IFG
227
Independent Financial Group
California
$218K – – –
Marshall Wace
228
Marshall Wace
United Kingdom
$218K +$231K +8,191 New
IFWM
229
Institute for Wealth Management
Colorado
$214K -$7.74K -275 -3%
PAM
230
Panagora Asset Management
Massachusetts
$212K +$225K +7,978 New
CGH
231
Crossmark Global Holdings
Texas
$203K -$26.3K -933 -11%
QL
232
Quarry LP
New York
$201K +$23.4K +832 +12%
NICM
233
Neo Ivy Capital Management
New York
$195K +$206K +7,320 New
N
234
Natixis
France
$171K -$28.5K -1,011 -14%
PNC Financial Services Group
235
PNC Financial Services Group
Pennsylvania
$141K +$60.1K +2,135 +67%
A
236
AlphaQuest
New York
$131K -$494K -17,546 -78%
PP
237
PFS Partners
New Jersey
$106K – – –
OP
238
ORG Partners
Indiana
$103K +$109K +3,861 New
Group One Trading
239
Group One Trading
Illinois
$97K +$52.6K +1,868 +105%
QCG
240
Quadrant Capital Group
Ohio
$82.9K +$13.1K +466 +18%
KBC Group
241
KBC Group
Belgium
$80K – – –
Osaic Holdings
242
Osaic Holdings
Arizona
$76.7K -$231K -8,215 -74%
BBHC
243
Brown Brothers Harriman & Co
New York
$66.5K – – –
FCMT
244
Founders Capital Management (Texas)
Texas
$66.5K +$8.45K +300 +14%
NC
245
nVerses Capital
Florida
$63.9K +$67.6K +2,400 New
GRP
246
Global Retirement Partners
California
$63.2K +$65K +2,309 +3,552%
PA
247
Parallel Advisors
California
$62.4K +$60.8K +2,160 +1,174%
HT
248
Headlands Technologies
Illinois
$62.1K -$115K -4,102 -64%
Carson Wealth (CWM LLC)
249
Carson Wealth (CWM LLC)
Nebraska
$60K -$122K -4,337 -66%
GI
250
GAMMA Investing
California
$51K +$33K +1,172 +158%
8 9
10
11 12

IRDM Hedge Fund Activity: Q2 2024 in Review

343 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2024, worth a combined $2.69B — down 0.69% from $2.71B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new IRDM positions and 39 closed out — a net gain of 16 holders — while 116 added to existing stakes and 129 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $44.3M. The largest seller was Citadel Advisors, cutting an estimated $35.8M.

  • 343 institutional investors held Iridium Communications (IRDM) as of Q2 2024, up from 330 in Q1 2024.
  • Funds reported $2.69B of Iridium Communications stock for Q2 2024, down 0.69% quarter-over-quarter.
  • 55 funds opened new Iridium Communications positions in Q2 2024 and 39 closed out, a net change of +16 holders.
  • The largest Iridium Communications buyer in Q2 2024 was Victory Capital Management, an estimated $44.3M added.
  • The largest Iridium Communications seller in Q2 2024 was Citadel Advisors, an estimated $35.8M sold.

Based on aggregated 13F filings for Q2 2024.