Iridium Communications
IRDM
251 hedge funds and large institutions have $2.84B invested in Iridium Communications in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 98 increasing their positions, 72 reducing their positions, and 24 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 72
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 248 → 251 (+3)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less capital invested
Capital invested by funds: $2.85B → $2.84B (-$6.54M)
0.92% less ownership
Funds ownership: 84.69% → 83.77% (-0.92%)
23% less call options, than puts
Call options by funds: $9.3M | Put options by funds: $12.1M
Top Buyers
| 1 |
Capital International Investors
Los Angeles,
California
|
+$43.9M |
| 2 |
BlackRock
New York
|
+$38.6M |
| 3 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$31.1M |
| 4 |
Goldman Sachs
New York
|
+$5.27M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.98M |
Top Sellers
| 1 |
Select Equity Group
New York
|
-$46.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.2M |
| 3 |
BC
Brahman Capital
New York
|
-$21.8M |
| 4 |
Renaissance Technologies
New York
|
-$13.1M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
-$7.69M |
IRDM Hedge Fund Activity: Q3 2020 in Review
251 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2020, worth a combined $2.84B — down 0.23% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new IRDM positions and 24 closed out — a net gain of 3 holders — while 98 added to existing stakes and 72 trimmed.
The largest buyer was Capital International Investors, adding an estimated $43.9M. The largest seller was Select Equity Group, cutting an estimated $46.9M.
- 251 institutional investors held Iridium Communications (IRDM) as of Q3 2020, up from 248 in Q2 2020.
- Funds reported $2.84B of Iridium Communications stock for Q3 2020, down 0.23% quarter-over-quarter.
- 27 funds opened new Iridium Communications positions in Q3 2020 and 24 closed out, a net change of +3 holders.
- The largest Iridium Communications buyer in Q3 2020 was Capital International Investors, an estimated $43.9M added.
- The largest Iridium Communications seller in Q3 2020 was Select Equity Group, an estimated $46.9M sold.
Based on aggregated 13F filings for Q3 2020.