Iridium Communications
IRDM
179 hedge funds and large institutions have $1.08B invested in Iridium Communications in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 80 increasing their positions, 45 reducing their positions, and 22 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 45
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.39% less ownership
Funds ownership: 105.05% → 104.66% (-0.39%)
5% less funds holding
Funds holding: 188 → 179 (-9)
7% less capital invested
Capital invested by funds: $1.15B → $1.08B (-$74.9M)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
44% less call options, than puts
Call options by funds: $4.54M | Put options by funds: $8.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$3.87M |
| 2 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
+$2.67M |
| 3 |
BlackRock
New York
|
+$2.38M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.09M |
| 5 |
RA
Royce & Associates
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$16M |
| 2 |
Two Sigma Investments
New York
|
-$2.55M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.76M |
| 4 |
Millennium Management
New York
|
-$1.76M |
| 5 |
Bank of New York Mellon
New York
|
-$1.29M |
IRDM Hedge Fund Activity: Q3 2017 in Review
179 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2017, worth a combined $1.08B — down 6.5% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IRDM and 14 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 80 added.
The largest buyer was Glenmede Trust, adding an estimated $3.87M. The largest seller was LSV Asset Management, cutting an estimated $16M.
- 179 institutional investors held Iridium Communications (IRDM) as of Q3 2017, down from 188 in Q2 2017.
- Funds reported $1.08B of Iridium Communications stock for Q3 2017, down 6.5% quarter-over-quarter.
- 14 funds opened new Iridium Communications positions in Q3 2017 and 22 closed out, a net change of -8 holders.
- The largest Iridium Communications buyer in Q3 2017 was Glenmede Trust, an estimated $3.87M added.
- The largest Iridium Communications seller in Q3 2017 was LSV Asset Management, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2017.