Iridium Communications
IRDM
353 hedge funds and large institutions have $3B invested in Iridium Communications in 2024 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 117 increasing their positions, 135 reducing their positions, and 35 closing their positions.
76% more call options, than puts
Call options by funds: $13.4M | Put options by funds: $7.65M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 35
11% more capital invested
Capital invested by funds: $2.69B → $3B (+$301M)
3% more funds holding
Funds holding: 343 → 353 (+10)
0.45% less ownership
Funds ownership: 83.37% → 82.92% (-0.45%)
13% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$24.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$15.2M |
| 3 |
Millennium Management
New York
|
+$10.6M |
| 4 |
Select Equity Group
New York
|
+$10.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$35.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$26.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$13.8M |
| 5 |
Amundi
Paris,
France
|
-$11.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
Two Sigma Investments
New York
| – | -$219K | -8,222 | Closed |
|
|
NICM
377
Neo Ivy Capital Management
New York
| – | -$195K | -7,320 | Closed |
|
|
GLR
378
Great Lakes Retirement
Sandusky,
Ohio
| – | -$38.4K | -1,444 | Closed |
|
|
MG
379
Mather Group
Chicago,
Illinois
| – | -$31.8K | -1,214 | Closed |
|
|
PHK
380
Point72 Hong Kong
Hong Kong
| – | -$30.7K | -1,151 | Closed |
|
|
KFS
381
Kelly Financial Services
Braintree,
Massachusetts
| – | -$23.2K | -870 | Closed |
|
|
VNA
382
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$6K | -240 | Closed |
|
|
ATPW
383
Ashton Thomas Private Wealth
Scottsdale,
Arizona
| – | -$5.56K | -209 | Closed |
|
|
VAG
384
VisionPoint Advisory Group
Dallas,
Texas
| – | -$2.98K | -112 | Closed |
|
|
FRA
385
Front Row Advisors
Tiburon,
California
| – | -$2.13K | -80 | Closed |
|
|
WIA
386
Wetzel Investment Advisors
Indianapolis,
Indiana
| – | -$1.1K | -42 | Closed |
|
|
AFWM
387
Abich Financial Wealth Management
Ashburn,
Virginia
| – | -$1.04K | -39 | Closed |
|
|
IC
388
Innealta Capital
Austin,
Texas
| – | -$878 | -33 | Closed |
|
IRDM Hedge Fund Activity: Q3 2024 in Review
353 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2024, worth a combined $3B — up 11% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new IRDM positions and 35 closed out — a net gain of 15 holders — while 117 added to existing stakes and 135 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $24.4M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $35.2M sold.
- 353 institutional investors held Iridium Communications (IRDM) as of Q3 2024, up from 343 in Q2 2024.
- Funds reported $3B of Iridium Communications stock for Q3 2024, up 11% quarter-over-quarter.
- 50 funds opened new Iridium Communications positions in Q3 2024 and 35 closed out, a net change of +15 holders.
- The largest Iridium Communications buyer in Q3 2024 was AQR Capital Management, an estimated $24.4M added.
- The largest Iridium Communications seller in Q3 2024 was ClearBridge Investments, an estimated $35.2M sold.
Based on aggregated 13F filings for Q3 2024.