Iridium Communications
IRDM
170 hedge funds and large institutions have $782M invested in Iridium Communications in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 68 increasing their positions, 52 reducing their positions, and 18 closing their positions.
35% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $1.15M
31% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 52
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
2% more funds holding
Funds holding: 167 → 170 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $797M → $782M (-$15.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$28.2M |
| 2 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
+$5.54M |
| 3 |
WC
Wynnefield Capital
New York
|
+$5.05M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.37M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.47M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$3.81M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.51M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$2.1M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$1.8M |
IRDM Hedge Fund Activity: Q2 2015 in Review
170 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2015, worth a combined $782M — down 1.9% from $797M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IRDM positions and 18 closed out — a net gain of 3 holders — while 68 added to existing stakes and 52 trimmed.
The largest buyer was Glenmede Trust, opening a new position worth an estimated $28.2M. The largest seller was Royce & Associates, cutting an estimated $4.47M.
- 170 institutional investors held Iridium Communications (IRDM) as of Q2 2015, up from 167 in Q1 2015.
- Funds reported $782M of Iridium Communications stock for Q2 2015, down 1.9% quarter-over-quarter.
- 21 funds opened new Iridium Communications positions in Q2 2015 and 18 closed out, a net change of +3 holders.
- The largest Iridium Communications buyer in Q2 2015 was Glenmede Trust, an estimated $28.2M added.
- The largest Iridium Communications seller in Q2 2015 was Royce & Associates, an estimated $4.47M sold.
Based on aggregated 13F filings for Q2 2015.