Iridium Communications
IRDM
300 hedge funds and large institutions have $4.47B invested in Iridium Communications in 2021 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 73 increasing their positions, 118 reducing their positions, and 28 closing their positions.
146% more call options, than puts
Call options by funds: $32.6M | Put options by funds: $13.2M
132% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 28
12% more funds holding
Funds holding: 267 → 300 (+33)
0% more capital invested
Capital invested by funds: $4.45B → $4.47B (+$16.5M)
3.83% less ownership
Funds ownership: 84.86% → 81.03% (-3.8%)
38% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 118
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$148M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$31.7M |
| 3 |
NAMA
Nikko Asset Management Americas
New York
|
+$25.3M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$24.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$179M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$101M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$67.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$33.9M |
| 5 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
-$22M |
IRDM Hedge Fund Activity: Q1 2021 in Review
300 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q1 2021, worth a combined $4.47B — up 0.37% from $4.45B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new IRDM positions and 28 closed out — a net gain of 37 holders — while 73 added to existing stakes and 118 trimmed.
The largest buyer was ARK Investment Management, adding an estimated $148M. The largest seller was BlackRock, cutting an estimated $179M.
- 300 institutional investors held Iridium Communications (IRDM) as of Q1 2021, up from 267 in Q4 2020.
- Funds reported $4.47B of Iridium Communications stock for Q1 2021, up 0.37% quarter-over-quarter.
- 65 funds opened new Iridium Communications positions in Q1 2021 and 28 closed out, a net change of +37 holders.
- The largest Iridium Communications buyer in Q1 2021 was ARK Investment Management, an estimated $148M added.
- The largest Iridium Communications seller in Q1 2021 was BlackRock, an estimated $179M sold.
Based on aggregated 13F filings for Q1 2021.