Iridium Communications
IRDM
170 hedge funds and large institutions have $683M invested in Iridium Communications in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 70 increasing their positions, 48 reducing their positions, and 24 closing their positions.
756% more call options, than puts
Call options by funds: $1.87M | Put options by funds: $219K
46% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 48
0% more funds holding
Funds holding: 170 → 170 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
6% less capital invested
Capital invested by funds: $725M → $683M (-$41.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.19M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.06M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.03M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$4.81M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.91M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$2.86M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$2.54M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.35M |
IRDM Hedge Fund Activity: Q1 2016 in Review
170 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q1 2016, worth a combined $683M — down 5.8% from $725M a quarter earlier.
Fund positioning in IRDM was balanced in Q1 2016: 24 funds opened new positions, 24 closed out, 70 added to existing stakes and 48 trimmed.
The largest buyer was Vanguard Group, adding an estimated $9.19M. The largest seller was Franklin Resources, cutting an estimated $4.81M.
- 170 institutional investors held Iridium Communications (IRDM) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $683M of Iridium Communications stock for Q1 2016, down 5.8% quarter-over-quarter.
- 24 funds opened new Iridium Communications positions in Q1 2016 and 24 closed out, a net change of 0 holders.
- The largest Iridium Communications buyer in Q1 2016 was Vanguard Group, an estimated $9.19M added.
- The largest Iridium Communications seller in Q1 2016 was Franklin Resources, an estimated $4.81M sold.
Based on aggregated 13F filings for Q1 2016.