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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
ADL
326
Asset Dedication LLC
California
$1.06K – – –
AFWM
327
Abich Financial Wealth Management
Virginia
$1.04K +$1.1K +39 New
S
328
Sachetta
Massachusetts
$885 +$84 +3 +11%
IC
329
Innealta Capital
Texas
$878 +$929 +33 New
CWC
330
Carolinas Wealth Consulting
North Carolina
$852 – – –
CFO
331
CVA Family Office
Colorado
$745 +$788 +28 New
JWA
332
JFS Wealth Advisors
Pennsylvania
$719 -$479 -17 -39%
PWMG
333
Private Wealth Management Group
New Jersey
$693 -$1.07K -38 -59%
NCM
334
Northwest Capital Management
Oregon
$666 – – –
PGAM
335
Princeton Global Asset Management
New Jersey
$666 – – –
VCM
336
Versant Capital Management
Arizona
$453 – – –
BGAI
337
Bruce G. Allen Investments
Colorado
$426 -$28 -1 -6%
DPW
338
DiNuzzo Private Wealth
Pennsylvania
$373 +$28 +1 +8%
SIC
339
SJS Investment Consulting
Ohio
$293 -$56 -2 -15%
HCP
340
Hexagon Capital Partners
Arkansas
$213 +$225 +8 New
CFGS
341
Concourse Financial Group Securities
Alabama
$133 +$141 +5 New
MCM
342
MV Capital Management
Maryland
$107 +$84 +3 +300%
JWM
343
Janiczek Wealth Management
Colorado
$27 – – –
SPS
344
Susquehanna Portfolio Strategies
Pennsylvania
– -$11M -420,217 Closed
AIG
345
American International Group
New York
– -$4.31M -164,903 Closed
TPSF
346
Texas Permanent School Fund
Texas
– -$2.83M -108,244 Closed
TC
347
TwinBeech Capital
New York
– -$2.49M -95,080 Closed
SEC
348
Seven Eight Capital
New York
– -$2.23M -85,392 Closed
Cetera Investment Advisers
349
Cetera Investment Advisers
Illinois
– -$1.94M -74,132 Closed
Mirae Asset Global Investments
350
Mirae Asset Global Investments
South Korea
– -$4.46M -72,626 Closed
12 13
14
15 16

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.