Iridium Communications
IRDM
187 hedge funds and large institutions have $970M invested in Iridium Communications in 2016 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 17 closing their positions.
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
103.14% more ownership
Funds ownership: 0% → 103.14% (+103%)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
27% more capital invested
Capital invested by funds: $763M → $970M (+$208M)
10% more funds holding
Funds holding: 170 → 187 (+17)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
75% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $4.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$8.31M |
| 2 |
Bank of New York Mellon
New York
|
+$2.89M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.05M |
| 5 |
JP Morgan Chase
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.97M |
| 2 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$2.77M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.5M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.54M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.36M |
IRDM Hedge Fund Activity: Q4 2016 in Review
187 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q4 2016, worth a combined $970M — up 27% from $763M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new IRDM positions and 17 closed out — a net gain of 19 holders — while 54 added to existing stakes and 59 trimmed.
The largest buyer was Capital World Investors, adding an estimated $8.31M. The largest seller was LSV Asset Management, cutting an estimated $3.97M.
- 187 institutional investors held Iridium Communications (IRDM) as of Q4 2016, up from 170 in Q3 2016.
- Funds reported $970M of Iridium Communications stock for Q4 2016, up 27% quarter-over-quarter.
- 36 funds opened new Iridium Communications positions in Q4 2016 and 17 closed out, a net change of +19 holders.
- The largest Iridium Communications buyer in Q4 2016 was Capital World Investors, an estimated $8.31M added.
- The largest Iridium Communications seller in Q4 2016 was LSV Asset Management, an estimated $3.97M sold.
Based on aggregated 13F filings for Q4 2016.