Iridium Communications
IRDM
168 hedge funds and large institutions have $812M invested in Iridium Communications in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 68 increasing their positions, 47 reducing their positions, and 15 closing their positions.
301% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $497K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 47
19% more capital invested
Capital invested by funds: $683M → $812M (+$130M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
1% less funds holding
Funds holding: 170 → 168 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.28M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.19M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$2.9M |
| 5 |
Lazard Asset Management
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$4.87M |
| 2 |
RA
Royce & Associates
New York
|
-$3.58M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$1.3M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$1.27M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$998K |
IRDM Hedge Fund Activity: Q2 2016 in Review
168 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2016, worth a combined $812M — up 19% from $683M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of IRDM and 14 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 68 added.
The largest buyer was Fidelity Investments, adding an estimated $27.3M. The largest seller was Boston Partners, exiting entirely with an estimated $4.87M sold.
- 168 institutional investors held Iridium Communications (IRDM) as of Q2 2016, down from 170 in Q1 2016.
- Funds reported $812M of Iridium Communications stock for Q2 2016, up 19% quarter-over-quarter.
- 14 funds opened new Iridium Communications positions in Q2 2016 and 15 closed out, a net change of -1 holder.
- The largest Iridium Communications buyer in Q2 2016 was Fidelity Investments, an estimated $27.3M added.
- The largest Iridium Communications seller in Q2 2016 was Boston Partners, an estimated $4.87M sold.
Based on aggregated 13F filings for Q2 2016.