Iridium Communications
IRDM
312 hedge funds and large institutions have $4.41B invested in Iridium Communications in 2022 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 92 increasing their positions, 116 reducing their positions, and 33 closing their positions.
37% more call options, than puts
Call options by funds: $7.95M | Put options by funds: $5.8M
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
1% more funds holding
Funds holding: 309 → 312 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.94% less ownership
Funds ownership: 87.35% → 85.41% (-1.9%)
7% less capital invested
Capital invested by funds: $4.75B → $4.41B (-$333M)
21% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$60M |
| 2 |
BAMCO Inc
New York
|
+$42.2M |
| 3 |
Select Equity Group
New York
|
+$36.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$21.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$293M |
| 2 |
NAMA
Nikko Asset Management Americas
New York
|
-$94.5M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$94.4M |
| 4 |
Goldman Sachs
New York
|
-$19.9M |
| 5 |
Morgan Stanley
New York
|
-$10.1M |
IRDM Hedge Fund Activity: Q1 2022 in Review
312 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q1 2022, worth a combined $4.41B — down 7% from $4.75B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new IRDM positions and 33 closed out — a net gain of 8 holders — while 92 added to existing stakes and 116 trimmed.
The largest buyer was Millennium Management, adding an estimated $60M. The largest seller was ARK Investment Management, cutting an estimated $293M.
- 312 institutional investors held Iridium Communications (IRDM) as of Q1 2022, up from 309 in Q4 2021.
- Funds reported $4.41B of Iridium Communications stock for Q1 2022, down 7% quarter-over-quarter.
- 41 funds opened new Iridium Communications positions in Q1 2022 and 33 closed out, a net change of +8 holders.
- The largest Iridium Communications buyer in Q1 2022 was Millennium Management, an estimated $60M added.
- The largest Iridium Communications seller in Q1 2022 was ARK Investment Management, an estimated $293M sold.
Based on aggregated 13F filings for Q1 2022.