Iridium Communications
IRDM
132 hedge funds and large institutions have $635M invested in Iridium Communications in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 36 reducing their positions, and 14 closing their positions.
61% more call options, than puts
Call options by funds: $2.39M | Put options by funds: $1.48M
53% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 36
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
9% more capital invested
Capital invested by funds: $583M → $635M (+$51.3M)
4% more funds holding
Funds holding: 127 → 132 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Pinnacle Associates
New York
|
+$10.4M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$5.33M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$4.61M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$4.58M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.44M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.52M |
| 3 |
AC
Avenir Corporation
Alexandria,
Virginia
|
-$2.16M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$1.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.85M |
IRDM Hedge Fund Activity: Q3 2014 in Review
132 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2014, worth a combined $635M — up 8.8% from $583M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IRDM positions and 14 closed out — a net gain of 5 holders — while 55 added to existing stakes and 36 trimmed.
The largest buyer was Pinnacle Associates, adding an estimated $10.4M. The largest seller was BlackRock Fund Advisors, cutting an estimated $3.44M.
- 132 institutional investors held Iridium Communications (IRDM) as of Q3 2014, up from 127 in Q2 2014.
- Funds reported $635M of Iridium Communications stock for Q3 2014, up 8.8% quarter-over-quarter.
- 19 funds opened new Iridium Communications positions in Q3 2014 and 14 closed out, a net change of +5 holders.
- The largest Iridium Communications buyer in Q3 2014 was Pinnacle Associates, an estimated $10.4M added.
- The largest Iridium Communications seller in Q3 2014 was BlackRock Fund Advisors, an estimated $3.44M sold.
Based on aggregated 13F filings for Q3 2014.