Iridium Communications
IRDM
309 hedge funds and large institutions have $4.56B invested in Iridium Communications in 2021 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 125 increasing their positions, 67 reducing their positions, and 22 closing their positions.
159% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 22
87% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 67
67% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $14.6M
11% more funds holding
Funds holding: 278 → 309 (+31)
1.93% more ownership
Funds ownership: 84.73% → 86.65% (+1.9%)
1% more capital invested
Capital invested by funds: $4.51B → $4.56B (+$44.9M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| 1 |
Select Equity Group
New York
|
+$36.5M |
| 2 |
BlackRock
New York
|
+$16.2M |
| 3 |
Goldman Sachs
New York
|
+$12.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$10.9M |
| 5 |
State Street
Boston,
Massachusetts
|
+$10.3M |
Top Sellers
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$68M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$25.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$10.4M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$8.99M |
| 5 |
Millennium Management
New York
|
-$7.79M |
IRDM Hedge Fund Activity: Q3 2021 in Review
309 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2021, worth a combined $4.56B — up 1% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new IRDM positions and 22 closed out — a net gain of 35 holders — while 125 added to existing stakes and 67 trimmed.
The largest buyer was Select Equity Group, adding an estimated $36.5M. The largest seller was ARK Investment Management, cutting an estimated $68M.
- 309 institutional investors held Iridium Communications (IRDM) as of Q3 2021, up from 278 in Q2 2021.
- Funds reported $4.56B of Iridium Communications stock for Q3 2021, up 1% quarter-over-quarter.
- 57 funds opened new Iridium Communications positions in Q3 2021 and 22 closed out, a net change of +35 holders.
- The largest Iridium Communications buyer in Q3 2021 was Select Equity Group, an estimated $36.5M added.
- The largest Iridium Communications seller in Q3 2021 was ARK Investment Management, an estimated $68M sold.
Based on aggregated 13F filings for Q3 2021.