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Iridium Communications
IRDM

353 hedge funds and large institutions have $3B invested in Iridium Communications in 2024 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 117 increasing their positions, 135 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more call options, than puts

Call options by funds: $13.4M | Put options by funds: $7.65M

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

43% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 35

11% more capital invested

Capital invested by funds: $2.69B → $3B (+$301M)

3% more funds holding

Funds holding: 343 → 353 (+10)

0.45% less ownership

Funds ownership: 83.37% → 82.92% (-0.45%)

13% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 135

Holders
353
Holders Change
+10
Holders Change %
+2.92%
% of All Funds
5.07%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
50
Increased
117
Reduced
135
Closed
35
Calls
$13.4M
Puts
$7.65M
Net Calls
+$5.78M
Net Calls Change
-$21.5M

Top Buyers

Rank Fund Capital Flow
1
AQR Capital Management
AQR Capital Management
Connecticut
+$24.4M
2
American Century Companies
American Century Companies
Missouri
+$15.2M
3
Millennium Management
Millennium Management
New York
+$10.6M
4
Select Equity Group
Select Equity Group
New York
+$10.3M
5
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$8.02M

Top Sellers

Rank Fund Capital Flow
1
ClearBridge Investments
ClearBridge Investments
New York
-$35.2M
2
Capital World Investors
Capital World Investors
California
-$26.6M
3
Vanguard Group
Vanguard Group
Pennsylvania
-$15M
4
CCPM
Cooper Creek Partners Management
New York
-$13.8M
5
Amundi
Amundi
France
-$11.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
SEI Investments
76
SEI Investments
Pennsylvania
$4.21M +$1.11M +40,903 +42%
Thrivent Financial for Lutherans
77
Thrivent Financial for Lutherans
Minnesota
$3.97M +$586K +21,522 +20%
State of Wisconsin Investment Board
78
State of Wisconsin Investment Board
Wisconsin
$3.95M – – –
Ameriprise
79
Ameriprise
Minnesota
$3.87M -$750K -27,540 -18%
Holocene Advisors
80
Holocene Advisors
New York
$3.78M +$1.23M +45,085 +57%
Renaissance Technologies
81
Renaissance Technologies
New York
$3.72M -$2.63M -96,401 -44%
New York State Teachers Retirement System (NYSTRS)
82
New York State Teachers Retirement System (NYSTRS)
New York
$3.44M -$122K -4,477 -4%
Tudor Investment Corp
83
Tudor Investment Corp
Connecticut
$3.27M +$2.92M +107,319 New
ITFISA
84
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
$3.17M – – –
California State Teachers Retirement System (CalSTRS)
85
California State Teachers Retirement System (CalSTRS)
California
$3.17M -$93.8K -3,441 -3%
Acadian Asset Management
86
Acadian Asset Management
Massachusetts
$3.12M +$1.29M +47,324 +86%
Manulife (Manufacturers Life Insurance)
87
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.85M -$255K -9,345 -9%
Macquarie Group
88
Macquarie Group
Australia
$2.82M +$191K +7,005 +8%
RP
89
Riverwater Partners
Wisconsin
$2.67M +$1.86M +68,329 +406%
CIBC World Market
90
CIBC World Market
Ontario, Canada
$2.66M +$2.38M +87,269 New
PA
91
Paralel Advisors
Colorado
$2.66M – – –
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$2.5M – – –
Los Angeles Capital Management
93
Los Angeles Capital Management
California
$2.47M +$266K +9,747 +14%
Canada Life
94
Canada Life
Manitoba, Canada
$2.45M +$155K +5,706 +8%
State of New Jersey Common Pension Fund D
95
State of New Jersey Common Pension Fund D
New Jersey
$2.31M +$387K +14,222 +23%
HF
96
HRT Financial
New York
$2.29M -$131K -4,792 -6%
LA
97
LBP AM
France
$2.23M +$1.99M +73,100 New
Point72 Asset Management
98
Point72 Asset Management
Connecticut
$2.18M +$1.95M +71,553 New
Jane Street
99
Jane Street
New York
$2.16M -$1.43M -52,641 -43%
Mitsubishi UFJ Asset Management
100
Mitsubishi UFJ Asset Management
Japan
$2.14M +$52.3K +1,919 +3%
2 3
4
5 6

IRDM Hedge Fund Activity: Q3 2024 in Review

353 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2024, worth a combined $3B — up 11% from $2.69B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new IRDM positions and 35 closed out — a net gain of 15 holders — while 117 added to existing stakes and 135 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $24.4M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $35.2M sold.

  • 353 institutional investors held Iridium Communications (IRDM) as of Q3 2024, up from 343 in Q2 2024.
  • Funds reported $3B of Iridium Communications stock for Q3 2024, up 11% quarter-over-quarter.
  • 50 funds opened new Iridium Communications positions in Q3 2024 and 35 closed out, a net change of +15 holders.
  • The largest Iridium Communications buyer in Q3 2024 was AQR Capital Management, an estimated $24.4M added.
  • The largest Iridium Communications seller in Q3 2024 was ClearBridge Investments, an estimated $35.2M sold.

Based on aggregated 13F filings for Q3 2024.