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Iridium Communications
IRDM

167 hedge funds and large institutions have $797M invested in Iridium Communications in 2015 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

342% more call options, than puts

Call options by funds: $1.52M | Put options by funds: $345K

58% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 24

45% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 42

13% more capital invested

Capital invested by funds: $703M → $797M (+$94.3M)

8% more funds holding

Funds holding: 154 → 167 (+13)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
167
Holders Change
+13
Holders Change %
+8.44%
% of All Funds
4.45%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
38
Increased
61
Reduced
42
Closed
24
Calls
$1.52M
Puts
$345K
Net Calls
+$1.18M
Net Calls Change
+$63K

Top Buyers

1
Invesco
Invesco
Georgia
+$33M
2
BFA
BlackRock Fund Advisors
California
+$26.9M
3
Prudential Financial
Prudential Financial
New Jersey
+$9.5M
4
Vanguard Group
Vanguard Group
Pennsylvania
+$9.2M
5
Bank of New York Mellon
Bank of New York Mellon
New York
+$5.25M

Top Sellers

1
PI
Putnam Investments
Massachusetts
-$5.53M
2
NIP
Nicholas Investment Partners
California
-$4.71M
3
EI
EAM Investors
California
-$3.55M
4
Boston Partners
Boston Partners
Massachusetts
-$2.99M
5
OAM
Oxford Asset Management
United Kingdom
-$2.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
176
Millennium Management
New York
– -$290K -29,752 Closed
DTL
177
Dynamic Technology Lab
Singapore
– -$281K -28,871 Closed
Mackenzie Financial
178
Mackenzie Financial
Ontario, Canada
– -$228K -23,349 Closed
Group One Trading
179
Group One Trading
Illinois
– -$210K -22,582 Closed
Citadel Advisors
180
Citadel Advisors
Florida
– -$208K -22,291 Closed
I2I
181
Insight 2811 Inc
Illinois
– -$162K -16,575 Closed
AL
182
Airain Ltd
Guernsey
– -$160K -16,397 Closed
OC
183
Oppenheimer & Co
New York
– -$139K -14,234 Closed
Two Sigma Advisers
184
Two Sigma Advisers
New York
– -$117K -12,028 Closed
VKH
185
Virtu KCG Holdings
New York
– -$101K -10,374 Closed
QT
186
Quantbot Technologies
New York
– -$76K -7,799 Closed
MAA
187
Managed Account Advisors
New Jersey
– -$36K -3,692 Closed
TRCT
188
Tower Research Capital (TRC)
New York
– -$21K -2,196 Closed
Creative Planning
189
Creative Planning
Kansas
– -$10K -1,000 Closed
CCS
190
Crosspoint Capital Strategies
California
– -$5K -481 Closed
Simplex Trading
191
Simplex Trading
Illinois
– +$494 +53 New
4 5 6 7
8

IRDM Hedge Fund Activity: Q1 2015 in Review

167 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q1 2015, worth a combined $797M — up 13% from $703M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new IRDM positions and 24 closed out — a net gain of 14 holders — while 61 added to existing stakes and 42 trimmed.

The largest buyer was Invesco, adding an estimated $33M. The largest seller was Putnam Investments, cutting an estimated $5.53M.

  • 167 institutional investors held Iridium Communications (IRDM) as of Q1 2015, up from 154 in Q4 2014.
  • Funds reported $797M of Iridium Communications stock for Q1 2015, up 13% quarter-over-quarter.
  • 38 funds opened new Iridium Communications positions in Q1 2015 and 24 closed out, a net change of +14 holders.
  • The largest Iridium Communications buyer in Q1 2015 was Invesco, an estimated $33M added.
  • The largest Iridium Communications seller in Q1 2015 was Putnam Investments, an estimated $5.53M sold.

Based on aggregated 13F filings for Q1 2015.