Iridium Communications
IRDM
199 hedge funds and large institutions have $1.14B invested in Iridium Communications in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 61 increasing their positions, 67 reducing their positions, and 23 closing their positions.
1% less funds holding
Funds holding: 200 → 199 (-1)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
9% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 67
7% less capital invested
Capital invested by funds: $1.22B → $1.14B (-$82.1M)
10.74% less ownership
Funds ownership: 103.55% → 92.81% (-11%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
88% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$8.86M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.92M |
| 3 |
JP Morgan Chase
New York
|
+$2.53M |
| 4 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$2.13M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.82M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$4.16M |
| 3 |
Morgan Stanley
New York
|
-$3.07M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$2.28M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$2.03M |
IRDM Hedge Fund Activity: Q1 2018 in Review
199 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q1 2018, worth a combined $1.14B — down 6.7% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of IRDM and 22 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 61 added.
The largest buyer was Van Berkom & Associates, adding an estimated $8.86M. The largest seller was BlackRock, cutting an estimated $8.82M.
- 199 institutional investors held Iridium Communications (IRDM) as of Q1 2018, down from 200 in Q4 2017.
- Funds reported $1.14B of Iridium Communications stock for Q1 2018, down 6.7% quarter-over-quarter.
- 22 funds opened new Iridium Communications positions in Q1 2018 and 23 closed out, a net change of -1 holder.
- The largest Iridium Communications buyer in Q1 2018 was Van Berkom & Associates, an estimated $8.86M added.
- The largest Iridium Communications seller in Q1 2018 was BlackRock, an estimated $8.82M sold.
Based on aggregated 13F filings for Q1 2018.