We are live on ! Find out more
IRDM icon

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
Susquehanna International Group
351
Susquehanna International Group
Pennsylvania
– -$1.83M -65,064 Closed
Tudor Investment Corp
352
Tudor Investment Corp
Connecticut
– -$979K -37,420 Closed
Capstone Investment Advisors
353
Capstone Investment Advisors
New York
– -$913K -34,915 Closed
PI
354
PEAK6 Investments
Illinois
– -$901K -34,450 Closed
WG
355
Winton Group
United Kingdom
– -$882K -33,722 Closed
ELI
356
Empire Life Investments
Ontario, Canada
– -$868K -33,177 Closed
FC
357
FORA Capital
Florida
– -$794K -30,342 Closed
Impax Asset Management Group
358
Impax Asset Management Group
United Kingdom
– -$680K -25,990 Closed
PRC
359
Pearl River Capital
Michigan
– -$653K -24,975 Closed
SPA
360
Sherbrooke Park Advisers
New York
– -$624K -23,836 Closed
NRD
361
Nebula Research & Development
New York
– -$592K -22,636 Closed
ET
362
Entropy Technologies
New York
– -$574K -21,953 Closed
OTL
363
Oak Thistle LLC
New York
– -$546K -20,888 Closed
BCM
364
Bayesian Capital Management
New York
– -$544K -20,800 Closed
AC
365
AXQ Capital
New Jersey
– -$494K -18,900 Closed
Teacher Retirement System of Texas
366
Teacher Retirement System of Texas
Texas
– -$448K -17,117 Closed
MC
367
Maverick Capital
Texas
– -$422K -16,149 Closed
DS
368
Dudley & Shanley
Florida
– -$366K -14,000 Closed
SP
369
Systematic Portfolios
New York
– -$360K -13,752 Closed
Two Sigma Advisers
370
Two Sigma Advisers
New York
– -$340K -13,000 Closed
CMF
371
Counterpoint Mutual Funds
California
– -$280K -10,698 Closed
GF
372
Gabelli Funds
New York
– -$262K -10,000 Closed
HW
373
Hancock Whitney
Mississippi
– -$238K -9,102 Closed
EC
374
EntryPoint Capital
New York
– -$48.8K -1,867 Closed
FIM
375
Fernwood Investment Management
Massachusetts
– -$28.1K -1,075 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.