Iridium Communications
IRDM
154 hedge funds and large institutions have $703M invested in Iridium Communications in 2014 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 51 increasing their positions, 38 reducing their positions, and 10 closing their positions.
250% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 10
137% more call options, than puts
Call options by funds: $1.94M | Put options by funds: $818K
34% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 38
17% more funds holding
Funds holding: 132 → 154 (+22)
11% more capital invested
Capital invested by funds: $635M → $703M (+$68.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.4M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$4.52M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$3.4M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.18M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Avenir Corporation
Alexandria,
Virginia
|
-$20.4M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.37M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$2.56M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$2.25M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$2.19M |
IRDM Hedge Fund Activity: Q4 2014 in Review
154 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q4 2014, worth a combined $703M — up 11% from $635M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new IRDM positions and 10 closed out — a net gain of 25 holders — while 51 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $5.4M. The largest seller was Avenir Corporation, cutting an estimated $20.4M.
- 154 institutional investors held Iridium Communications (IRDM) as of Q4 2014, up from 132 in Q3 2014.
- Funds reported $703M of Iridium Communications stock for Q4 2014, up 11% quarter-over-quarter.
- 35 funds opened new Iridium Communications positions in Q4 2014 and 10 closed out, a net change of +25 holders.
- The largest Iridium Communications buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $5.4M added.
- The largest Iridium Communications seller in Q4 2014 was Avenir Corporation, an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2014.