Iridium Communications
IRDM
167 hedge funds and large institutions have $546M invested in Iridium Communications in 2015 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 50 reducing their positions, and 23 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
2% less funds holding
Funds holding: 170 → 167 (-3)
30% less capital invested
Capital invested by funds: $782M → $546M (-$236M)
46% less call options, than puts
Call options by funds: $355K | Put options by funds: $658K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.24M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$6.61M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$5.2M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$4.4M |
| 5 |
VIG
Vienna Insurance Group
Warsaw,
Poland
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wynnefield Capital
New York
|
-$5.91M |
| 2 |
NAM
Nichols Asset Management
Sudbury,
Massachusetts
|
-$4.23M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.09M |
| 4 |
Axa
Paris,
France
|
-$1.94M |
| 5 |
RA
Royce & Associates
New York
|
-$1.64M |
IRDM Hedge Fund Activity: Q3 2015 in Review
167 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2015, worth a combined $546M — down 30% from $782M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of IRDM and 22 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 72 added.
The largest buyer was Invesco, adding an estimated $7.24M. The largest seller was Wynnefield Capital, exiting entirely with an estimated $5.91M sold.
- 167 institutional investors held Iridium Communications (IRDM) as of Q3 2015, down from 170 in Q2 2015.
- Funds reported $546M of Iridium Communications stock for Q3 2015, down 30% quarter-over-quarter.
- 22 funds opened new Iridium Communications positions in Q3 2015 and 23 closed out, a net change of -1 holder.
- The largest Iridium Communications buyer in Q3 2015 was Invesco, an estimated $7.24M added.
- The largest Iridium Communications seller in Q3 2015 was Wynnefield Capital, an estimated $5.91M sold.
Based on aggregated 13F filings for Q3 2015.