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.
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: $702M → $797M (+$94.4M)
8% more funds holding
Funds holding: 154 → 167 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$33M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$26.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$9.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.2M |
| 5 |
Bank of New York Mellon
New York
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.53M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$4.71M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$3.55M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$2.99M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.85M |
IRDM Hedge Fund Activity: Q1 2015 in Review
167 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q1 2015, worth a combined $797M — up 13% from $702M 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.