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Iridium Communications

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: 154167 (+13)

0% more funds holding in top 10

Funds holding in top 10: 11 (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
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$88.5M -$721K -77,339 -0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.5M +$9.2M +987,594 +17%
BFA
3
BlackRock Fund Advisors
California
$64M +$26.9M +2,883,333 +78%
Capital World Investors
4
Capital World Investors
California
$47.5M
VBA
5
Van Berkom & Associates
Quebec, Canada
$44.1M +$7.36K +790 +0%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$39.2M -$204K -21,860 -0.5%
LSV Asset Management
7
LSV Asset Management
Illinois
$37M -$913K -98,000 -3%
Invesco
8
Invesco
Georgia
$36M +$33M +3,537,818 +2,135%
RA
9
Royce & Associates
New York
$28.4M +$2.22M +237,900 +9%
PA
10
Pinnacle Associates
New York
$25.3M +$620K +66,520 +3%
BIT
11
BlackRock Institutional Trust
California
$22M +$1.14M +122,370 +6%
Franklin Resources
12
Franklin Resources
California
$19.2M
State Street
13
State Street
Massachusetts
$15.9M +$2.12M +227,172 +16%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$13.9M +$5.25M +563,956 +65%
Wells Fargo
15
Wells Fargo
California
$12.7M -$231K -24,769 -2%
PI
16
Putnam Investments
Massachusetts
$11.9M -$5.53M -593,835 -33%
ACH
17
ArrowMark Colorado Holdings
Colorado
$11.4M
Boston Partners
18
Boston Partners
Massachusetts
$10.8M -$2.99M -320,961 -22%
Prudential Financial
19
Prudential Financial
New Jersey
$10.2M +$9.5M +1,020,098 +3,547%
NAM
20
Nichols Asset Management
Massachusetts
$9.97M +$578K +62,074 +6%
RJA
21
Raymond James & Associates
Florida
$8.83M +$983K +105,535 +13%
Northern Trust
22
Northern Trust
Illinois
$8.53M +$415K +44,521 +5%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$7.21M -$888K -95,300 -11%
ECP
24
Elk Creek Partners
Colorado
$6.96M +$1.99M +213,588 +42%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$5.71M

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.