We are live on ! Find out more
IRDM icon

Iridium Communications
IRDM

343 hedge funds and large institutions have $2.69B invested in Iridium Communications in 2024 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 116 increasing their positions, 129 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

230% more call options, than puts

Call options by funds: $39.1M | Put options by funds: $11.9M

41% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 39

4% more funds holding

Funds holding: 330 → 343 (+13)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

1% less capital invested

Capital invested by funds: $2.71B → $2.69B (-$18.8M)

1.19% less ownership

Funds ownership: 84.56% → 83.37% (-1.2%)

10% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 129

Holders
343
Holders Change
+13
Holders Change %
+3.94%
% of All Funds
4.95%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
55
Increased
116
Reduced
129
Closed
39
Calls
$39.1M
Puts
$11.9M
Net Calls
+$27.3M
Net Calls Change
-$1.73M

Top Buyers

1
Victory Capital Management
Victory Capital Management
Texas
+$44.3M
2
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$34.3M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$17.4M
4
Barclays
Barclays
United Kingdom
+$15.4M
5
CCPM
Cooper Creek Partners Management
New York
+$13.4M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$35.8M
2
ClearBridge Investments
ClearBridge Investments
New York
-$26.7M
3
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$25.2M
4
Millennium Management
Millennium Management
New York
-$24.8M
5
Select Equity Group
Select Equity Group
New York
-$23.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Rockefeller Capital Management
101
Rockefeller Capital Management
New York
$2.01M -$9.46K -336 -0.4%
Canada Life
102
Canada Life
Manitoba, Canada
$1.99M +$170K +6,052 +9%
LFDLE
103
La Financiere de L'Echiquier
France
$1.95M -$291K -10,323 -12%
Los Angeles Capital Management
104
Los Angeles Capital Management
California
$1.9M +$2.01M +71,320 New
MOACM
105
Mutual of America Capital Management
New York
$1.85M -$120K -4,274 -6%
Mitsubishi UFJ Asset Management
106
Mitsubishi UFJ Asset Management
Japan
$1.82M +$661K +23,487 +52%
YIH
107
Y-Intercept (HK)
Hong Kong
$1.79M -$662K -23,516 -26%
SIA
108
Sit Investment Associates
Minnesota
$1.79M – – –
MIM
109
MetLife Investment Management
New Jersey
$1.71M -$235K -8,341 -11%
Connor, Clark & Lunn Investment Management (CC&L)
110
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.7M -$654K -23,226 -27%
Assenagon Asset Management
111
Assenagon Asset Management
Luxembourg
$1.67M -$6.24M -221,713 -78%
WA
112
WealthTrust Axiom
Pennsylvania
$1.66M -$6.14K -218 -0.3%
State of New Jersey Common Pension Fund D
113
State of New Jersey Common Pension Fund D
New Jersey
$1.64M -$1.02M -36,390 -37%
AB
114
Amalgamated Bank
New York
$1.64M -$200K -7,091 -10%
Acadian Asset Management
115
Acadian Asset Management
Massachusetts
$1.47M +$1.52M +54,039 +4,757%
PCM
116
Penserra Capital Management
California
$1.45M -$149K -5,284 -9%
Pathstone Holdings
117
Pathstone Holdings
New Jersey
$1.44M +$6.93K +246 +0.5%
Treasurer of the State of North Carolina
118
Treasurer of the State of North Carolina
North Carolina
$1.39M -$74K -2,627 -5%
Janus Henderson Group
119
Janus Henderson Group
United Kingdom
$1.39M -$16.4K -581 -1%
YCM
120
Yousif Capital Management
Michigan
$1.35M -$151K -5,375 -10%
Natixis Advisors
121
Natixis Advisors
Massachusetts
$1.34M +$138K +4,891 +11%
VanEck Associates
122
VanEck Associates
New York
$1.26M +$115K +4,071 +9%
Ohio Public Employees Retirement System (OPERS)
123
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.24M -$28.6K -1,014 -2%
State of Tennessee, Department of Treasury
124
State of Tennessee, Department of Treasury
Tennessee
$1.24M -$422K -15,000 -24%
II
125
Inspire Investing
Idaho
$1.23M +$880K +31,265 +209%
3 4
5
6 7

IRDM Hedge Fund Activity: Q2 2024 in Review

343 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2024, worth a combined $2.69B — down 0.69% from $2.71B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new IRDM positions and 39 closed out — a net gain of 16 holders — while 116 added to existing stakes and 129 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $44.3M. The largest seller was Citadel Advisors, cutting an estimated $35.8M.

  • 343 institutional investors held Iridium Communications (IRDM) as of Q2 2024, up from 330 in Q1 2024.
  • Funds reported $2.69B of Iridium Communications stock for Q2 2024, down 0.69% quarter-over-quarter.
  • 55 funds opened new Iridium Communications positions in Q2 2024 and 39 closed out, a net change of +16 holders.
  • The largest Iridium Communications buyer in Q2 2024 was Victory Capital Management, an estimated $44.3M added.
  • The largest Iridium Communications seller in Q2 2024 was Citadel Advisors, an estimated $35.8M sold.

Based on aggregated 13F filings for Q2 2024.