Iridium Communications
IRDM
267 hedge funds and large institutions have $4.45B invested in Iridium Communications in 2020 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 31 closing their positions.
57% more capital invested
Capital invested by funds: $2.84B → $4.45B (+$1.61B)
53% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $11.9M
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
6% more funds holding
Funds holding: 251 → 267 (+16)
1.09% more ownership
Funds ownership: 83.77% → 84.86% (+1.1%)
13% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 86
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$80.7M |
| 2 |
BlackRock
New York
|
+$21.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.3M |
| 4 |
Goldman Sachs
New York
|
+$15.9M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.5M |
| 2 |
Select Equity Group
New York
|
-$22.4M |
| 3 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$10.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$9.99M |
| 5 |
Renaissance Technologies
New York
|
-$9.86M |
IRDM Hedge Fund Activity: Q4 2020 in Review
267 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q4 2020, worth a combined $4.45B — up 57% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new IRDM positions and 31 closed out — a net gain of 16 holders — while 75 added to existing stakes and 86 trimmed.
The largest buyer was ARK Investment Management, adding an estimated $80.7M. The largest seller was Fidelity Investments, cutting an estimated $43.5M.
- 267 institutional investors held Iridium Communications (IRDM) as of Q4 2020, up from 251 in Q3 2020.
- Funds reported $4.45B of Iridium Communications stock for Q4 2020, up 57% quarter-over-quarter.
- 47 funds opened new Iridium Communications positions in Q4 2020 and 31 closed out, a net change of +16 holders.
- The largest Iridium Communications buyer in Q4 2020 was ARK Investment Management, an estimated $80.7M added.
- The largest Iridium Communications seller in Q4 2020 was Fidelity Investments, an estimated $43.5M sold.
Based on aggregated 13F filings for Q4 2020.