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
Pacer Advisors
26
Pacer Advisors
Pennsylvania
$20.5M +$669K +23,772 +3%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$19.8M +$9.08M +322,325 +76%
Barclays
28
Barclays
United Kingdom
$19.1M +$15.4M +546,245 +316%
PA
29
Pinnacle Associates
New York
$18.9M -$102K -3,606 -0.5%
ACMC
30
Anchor Capital Management Company
North Carolina
$18.5M +$2.01M +71,229 +11%
Arrowstreet Capital
31
Arrowstreet Capital
Massachusetts
$16.4M +$17.4M +616,554 New
Invesco
32
Invesco
Georgia
$16.4M -$8.21M -291,713 -32%
Millennium Management
33
Millennium Management
New York
$16.3M -$24.8M -879,963 -59%
Citadel Advisors
34
Citadel Advisors
Florida
$16.1M -$35.8M -1,271,444 -68%
Select Equity Group
35
Select Equity Group
New York
$15.9M -$23.3M -826,880 -58%
N
36
Nuveen
North Carolina
$15.7M -$2.35M -83,331 -12%
GAM
37
Gotham Asset Management
New York
$14M +$13.2M +470,139 +870%
CCPM
38
Cooper Creek Partners Management
New York
$13.8M +$13.4M +476,654 +1,132%
Brown Advisory
39
Brown Advisory
Maryland
$13.6M +$16.9K +602 +0.1%
Amundi
40
Amundi
France
$12.9M +$10.6M +375,027 +357%
Legal & General Group
41
Legal & General Group
United Kingdom
$12.6M -$1.53M -54,464 -10%
UBS AM
42
UBS AM
Illinois
$11.8M +$4.08M +144,862 +48%
Canada Pension Plan Investment Board
43
Canada Pension Plan Investment Board
Ontario, Canada
$11.5M +$1.69M +60,200 +16%
Principal Financial Group
44
Principal Financial Group
Iowa
$10.8M -$1.79M -63,727 -14%
Voloridge Investment Management
45
Voloridge Investment Management
Florida
$10.7M -$11.3M -401,487 -50%
Man Group
46
Man Group
United Kingdom
$10.1M +$4.8M +170,655 +82%
BNP Paribas Financial Markets
47
BNP Paribas Financial Markets
France
$9.93M +$3.02M +107,405 +40%
American Century Companies
48
American Century Companies
Missouri
$8.9M +$7.64M +271,203 +429%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$8.74M -$876K -31,128 -9%
Qube Research & Technologies (QRT)
50
Qube Research & Technologies (QRT)
United Kingdom
$8.69M -$8.73M -310,021 -49%
1
2
3 4 5

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.