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
COI
201
Connable Office Inc
Michigan
$308K – – –
Public Employees Retirement Association of Colorado
202
Public Employees Retirement Association of Colorado
Colorado
$307K -$53.4K -1,895 -14%
BIM
203
Bridges Investment Management
Nebraska
$306K +$324K +11,494 New
PAS
204
Point72 Asia (Singapore)
Singapore
$306K +$18.9K +671 +6%
Daiwa Securities Group
205
Daiwa Securities Group
Japan
$303K +$13K +462 +4%
GC
206
Guggenheim Capital
Illinois
$301K -$118K -4,192 -27%
US Bancorp
207
US Bancorp
Minnesota
$295K +$109K +3,874 +54%
BHCM
208
Brevan Howard Capital Management
Jersey
$294K +$311K +11,052 New
BP
209
Ballentine Partners
Massachusetts
$293K +$310K +11,019 New
AIM
210
Aigen Investment Management
New York
$285K +$301K +10,688 New
CIM
211
CIM Investment Management
Pennsylvania
$283K -$71.2K -2,529 -19%
MF
212
Magnetar Financial
Illinois
$279K +$295K +10,471 New
Mariner
213
Mariner
Kansas
$278K +$67.9K +2,411 +30%
PP
214
Paloma Partners
Connecticut
$276K +$292K +10,363 New
Commonwealth Equity Services
215
Commonwealth Equity Services
Massachusetts
$273K +$63.6K +2,259 +28%
CCM
216
CAAS Capital Management
New York
$266K – – –
TI
217
Tidal Investments
Wisconsin
$266K -$1.47M -52,180 -84%
MSRPS
218
Maryland State Retirement & Pension System
Maryland
$262K – – –
CC
219
Corton Capital
Ontario, Canada
$259K +$274K +9,717 New
SAM
220
Securian Asset Management
Minnesota
$258K -$13.7K -488 -5%
SOW
221
State of Wyoming
Wyoming
$252K +$113K +3,996 +73%
XT
222
XTX Topco
Cayman Islands
$250K -$200K -7,110 -43%
M&T Bank
223
M&T Bank
New York
$249K +$263K +9,358 New
SM
224
Sciencast Management
New Jersey
$231K +$244K +8,665 New
Walleye Trading
225
Walleye Trading
New York
$226K +$21.1K +750 +10%
7 8
9
10 11

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.