Iridium Communications
IRDM
200 hedge funds and large institutions have $1.22B invested in Iridium Communications in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 62 increasing their positions, 66 reducing their positions, and 12 closing their positions.
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
14% more capital invested
Capital invested by funds: $1.08B → $1.22B (+$148M)
12% more funds holding
Funds holding: 179 → 200 (+21)
6% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 66
1.11% less ownership
Funds ownership: 104.66% → 103.55% (-1.1%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
+$15.2M |
| 2 |
Morgan Stanley
New York
|
+$6.72M |
| 3 |
RA
Royce & Associates
New York
|
+$3.14M |
| 4 |
HIM
Herald Investment Management
London,
United Kingdom
|
+$2.08M |
| 5 |
Two Sigma Investments
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.7M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.72M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.41M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.43M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$3.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
201
A.R.T. Advisors
New York
| – | -$810K | -78,691 | Closed |
|
|
NFA
202
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$557K | -54,080 | Closed |
|
|
FIMG
203
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$494K | -47,916 | Closed |
|
|
SD
204
Sumway Development
Shanghai,
China
| – | -$427K | -41,456 | Closed |
|
|
MWNA
205
Marshall Wace North America
New York
| – | -$295K | -29,499 | Closed |
|
|
EMG
206
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$243K | -23,600 | Closed |
|
|
SCM
207
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$232K | -22,501 | Closed |
|
|
TI
208
Trexquant Investment
Stamford,
Connecticut
| – | -$191K | -18,577 | Closed |
|
|
N
209
Natixis
Paris,
France
| – | -$135K | -13,068 | Closed |
|
|
LCS
210
Levin Capital Strategies
New York
| – | -$103K | -10,000 | Closed |
|
|
AFNAS
211
American Financial Network Advisory Services
Calabasas,
California
| – | -$3K | -291 | Closed |
|
212
AssetMark Inc
Concord,
California
| – | +$312 | +27 | New |
|
IRDM Hedge Fund Activity: Q4 2017 in Review
200 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q4 2017, worth a combined $1.22B — up 14% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new IRDM positions and 12 closed out — a net gain of 22 holders — while 62 added to existing stakes and 66 trimmed.
The largest buyer was PKO Investment Management Joint-Stock, adding an estimated $15.2M. The largest seller was Fidelity Investments, cutting an estimated $19.7M.
- 200 institutional investors held Iridium Communications (IRDM) as of Q4 2017, up from 179 in Q3 2017.
- Funds reported $1.22B of Iridium Communications stock for Q4 2017, up 14% quarter-over-quarter.
- 34 funds opened new Iridium Communications positions in Q4 2017 and 12 closed out, a net change of +22 holders.
- The largest Iridium Communications buyer in Q4 2017 was PKO Investment Management Joint-Stock, an estimated $15.2M added.
- The largest Iridium Communications seller in Q4 2017 was Fidelity Investments, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2017.