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Iridium Communications

267 hedge funds and large institutions have $4.45B invested in Iridium Communications in 2020 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more capital invested

Capital invested by funds: $2.84B → $4.45B (+$1.61B)

53% more call options, than puts

Call options by funds: $18.2M | Put options by funds: $11.9M

52% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 31

6% more funds holding

Funds holding: 251267 (+16)

1.09% more ownership

Funds ownership: 83.77%84.86% (+1.1%)

13% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 86

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
267
Holders Change
+16
Holders Change %
+6.37%
% of All Funds
4.72%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.09%
New
47
Increased
75
Reduced
86
Closed
31
Calls
$18.2M
Puts
$11.9M
Net Calls
+$6.29M
Net Calls Change
+$9.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
101
Bank of Montreal
Ontario, Canada
$1.86M +$667K +21,232 +97%
OPERF
102
Oregon Public Employees Retirement Fund
Oregon
$1.83M -$23.1K -734 -2%
State Board of Administration of Florida Retirement System
103
State Board of Administration of Florida Retirement System
Florida
$1.8M +$95.4K +3,035 +7%
GC
104
Grace Capital
Massachusetts
$1.77M +$1.41M +45,000 New
MSA
105
Mason Street Advisors
Wisconsin
$1.72M -$314 -10 -0%
MCM
106
Matarin Capital Management
New York
$1.68M -$673K -21,411 -33%
Squarepoint
107
Squarepoint
New York
$1.67M -$1.56M -49,611 -54%
SFI
108
SPC Financial Inc
Maryland
$1.62M -$36K -1,145 -3%
NIPH
109
NN Investment Partners Holdings
Netherlands
$1.6M
Citigroup
110
Citigroup
New York
$1.52M +$865K +27,528 +246%
DCM
111
Dupont Capital Management
Delaware
$1.4M -$135K -4,307 -11%
HW
112
Hancock Whitney
Mississippi
$1.37M -$30.6K -975 -3%
ASRS
113
Arizona State Retirement System
Arizona
$1.36M -$41.4K -1,317 -4%
Federated Hermes
114
Federated Hermes
Pennsylvania
$1.35M +$200K +6,359 +23%
JIP
115
Jaffetilchin Investment Partners
Florida
$1.35M -$85.6K -2,725 -7%
GAM
116
Gotham Asset Management
New York
$1.34M -$1.26M -40,208 -54%
MLICM
117
Metropolitan Life Insurance Company (MetLife)
New York
$1.32M
HIM
118
Hillsdale Investment Management
Ontario, Canada
$1.32M -$31.4K -1,000 -3%
GG
119
Golden Green
South Carolina
$1.29M +$1.03M +32,737 New
SFS
120
Sowell Financial Services
Arkansas
$1.28M +$89.4K +2,844 +10%
D.E. Shaw & Co
121
D.E. Shaw & Co
New York
$1.28M +$1.02M +32,442 New
AQR Capital Management
122
AQR Capital Management
Connecticut
$1.23M -$17.9K -570 -2%
VFA
123
Values First Advisors
Tennessee
$1.19M -$22.1K -704 -2%
TRSOTSOK
124
Teachers Retirement System of the State of Kentucky
Kentucky
$1.17M
ProShare Advisors
125
ProShare Advisors
Maryland
$1.12M +$370K +11,781 +70%

IRDM Hedge Fund Activity: Q4 2020 in Review

267 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q4 2020, worth a combined $4.45B — up 57% from $2.84B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new IRDM positions and 31 closed out — a net gain of 16 holders — while 75 added to existing stakes and 86 trimmed.

The largest buyer was ARK Investment Management, adding an estimated $80.7M. The largest seller was Fidelity Investments, cutting an estimated $43.5M.

  • 267 institutional investors held Iridium Communications (IRDM) as of Q4 2020, up from 251 in Q3 2020.
  • Funds reported $4.45B of Iridium Communications stock for Q4 2020, up 57% quarter-over-quarter.
  • 47 funds opened new Iridium Communications positions in Q4 2020 and 31 closed out, a net change of +16 holders.
  • The largest Iridium Communications buyer in Q4 2020 was ARK Investment Management, an estimated $80.7M added.
  • The largest Iridium Communications seller in Q4 2020 was Fidelity Investments, an estimated $43.5M sold.

Based on aggregated 13F filings for Q4 2020.