We are live on ! Find out more
IRDM icon

Iridium Communications
IRDM

188 hedge funds and large institutions have $1.15B invested in Iridium Communications in 2017 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 53 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 22

32% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 53

15% more capital invested

Capital invested by funds: $1B → $1.15B (+$147M)

5% more funds holding

Funds holding: 179 → 188 (+9)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1.1% less ownership

Funds ownership: 106.15% → 105.05% (-1.1%)

67% less call options, than puts

Call options by funds: $3.05M | Put options by funds: $9.16M

Holders
188
Holders Change
+9
Holders Change %
+5.03%
% of All Funds
4.69%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
31
Increased
70
Reduced
53
Closed
22
Calls
$3.05M
Puts
$9.16M
Net Calls
-$6.12M
Net Calls Change
-$3.03M

Top Buyers

Rank Fund Capital Flow
1
Northern Trust
Northern Trust
Illinois
+$8.39M
2
LSV Asset Management
LSV Asset Management
Illinois
+$7.96M
3
PA
Pinnacle Associates
New York
+$4.76M
4
GC
Guggenheim Capital
Illinois
+$3.02M
5
VBA
Van Berkom & Associates
Quebec, Canada
+$2.95M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$13.6M
2
BlackRock
BlackRock
New York
-$6.46M
3
SHCM
Silver Heights Capital Management
Ontario, Canada
-$6.16M
4
GLA
Great Lakes Advisors
Illinois
-$1.82M
5
Bank of New York Mellon
Bank of New York Mellon
New York
-$1.46M
Name Holding Trade Value Shares
Change 		Change in
Stake
CS
51
Credit Suisse
Switzerland
$2.11M -$548K -52,402 -22%
D.E. Shaw & Co
52
D.E. Shaw & Co
New York
$2.02M +$879K +84,101 +85%
Macquarie Group
53
Macquarie Group
Australia
$1.97M – – –
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$1.81M +$13.8K +1,320 +0.8%
Deutsche Bank
55
Deutsche Bank
Germany
$1.79M +$1.39M +132,561 +445%
Millennium Management
56
Millennium Management
New York
$1.76M +$1.48M +142,076 +827%
GCP
57
GSA Capital Partners
United Kingdom
$1.74M +$172K +16,503 +12%
Legal & General Group
58
Legal & General Group
United Kingdom
$1.65M +$156K +14,929 +11%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$1.64M -$146K -13,962 -9%
SDIC
60
South Dakota Investment Council
South Dakota
$1.64M – – –
Swiss National Bank
61
Swiss National Bank
Switzerland
$1.49M – – –
JP Morgan Chase
62
JP Morgan Chase
New York
$1.48M -$183K -17,541 -12%
PH
63
Pinnacle Holdings
Oklahoma
$1.27M -$57.7K -5,523 -5%
AIMCA
64
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.24M +$1.18M +112,600 New
HW
65
Hancock Whitney
Mississippi
$1.24M +$1.17M +112,101 New
Renaissance Technologies
66
Renaissance Technologies
New York
$1.14M +$1.08M +103,099 New
SCM
67
Sterling Capital Management
North Carolina
$1.13M +$93.1K +8,913 +10%
PI
68
PineBridge Investments
New York
$1.13M -$35.9K -3,437 -3%
Acadian Asset Management
69
Acadian Asset Management
Massachusetts
$1.12M +$1.06M +101,566 New
AllianceBernstein
70
AllianceBernstein
Tennessee
$1.11M – – –
US Bancorp
71
US Bancorp
Minnesota
$1.03M +$77.9K +7,457 +9%
BTS
72
BB&T Securities
Virginia
$1.02M +$81.2K +7,773 +9%
New York State Common Retirement Fund
73
New York State Common Retirement Fund
New York
$999K +$98.2K +9,399 +12%
CMANY
74
Capital Management Associates (New York)
New York
$949K -$10.4K -1,000 -1%
Comerica Bank
75
Comerica Bank
Texas
$920K -$38.2K -3,655 -4%
1 2
3
4 5

IRDM Hedge Fund Activity: Q2 2017 in Review

188 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2017, worth a combined $1.15B — up 15% from $1B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new IRDM positions and 22 closed out — a net gain of 9 holders — while 70 added to existing stakes and 53 trimmed.

The largest buyer was Northern Trust, adding an estimated $8.39M. The largest seller was Fidelity Investments, cutting an estimated $13.6M.

  • 188 institutional investors held Iridium Communications (IRDM) as of Q2 2017, up from 179 in Q1 2017.
  • Funds reported $1.15B of Iridium Communications stock for Q2 2017, up 15% quarter-over-quarter.
  • 31 funds opened new Iridium Communications positions in Q2 2017 and 22 closed out, a net change of +9 holders.
  • The largest Iridium Communications buyer in Q2 2017 was Northern Trust, an estimated $8.39M added.
  • The largest Iridium Communications seller in Q2 2017 was Fidelity Investments, an estimated $13.6M sold.

Based on aggregated 13F filings for Q2 2017.