Iridium Communications
IRDM
207 hedge funds and large institutions have $1.57B invested in Iridium Communications in 2018 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 73 increasing their positions, 59 reducing their positions, and 24 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
38% more capital invested
Capital invested by funds: $1.14B → $1.57B (+$431M)
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
24% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 59
4% more funds holding
Funds holding: 199 → 207 (+8)
4.29% less ownership
Funds ownership: 92.81% → 88.52% (-4.3%)
69% less call options, than puts
Call options by funds: $5.64M | Put options by funds: $18.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$14.3M |
| 2 |
BlackRock
New York
|
+$12.9M |
| 3 |
Renaissance Technologies
New York
|
+$9.21M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.09M |
| 5 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.3M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$22.7M |
| 3 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
-$17.2M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$6.54M |
| 5 |
PA
Pinnacle Associates
New York
|
-$5.42M |
IRDM Hedge Fund Activity: Q2 2018 in Review
207 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2018, worth a combined $1.57B — up 38% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IRDM positions and 24 closed out — a net gain of 9 holders — while 73 added to existing stakes and 59 trimmed.
The largest buyer was Capital World Investors, adding an estimated $14.3M. The largest seller was Fidelity Investments, cutting an estimated $42.3M.
- 207 institutional investors held Iridium Communications (IRDM) as of Q2 2018, up from 199 in Q1 2018.
- Funds reported $1.57B of Iridium Communications stock for Q2 2018, up 38% quarter-over-quarter.
- 33 funds opened new Iridium Communications positions in Q2 2018 and 24 closed out, a net change of +9 holders.
- The largest Iridium Communications buyer in Q2 2018 was Capital World Investors, an estimated $14.3M added.
- The largest Iridium Communications seller in Q2 2018 was Fidelity Investments, an estimated $42.3M sold.
Based on aggregated 13F filings for Q2 2018.