Iridium Communications
IRDM
308 hedge funds and large institutions have $4.09B invested in Iridium Communications in 2022 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 84 increasing their positions, 119 reducing their positions, and 37 closing their positions.
120% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $6.26M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 37
0.79% less ownership
Funds ownership: 85.41% → 84.61% (-0.79%)
1% less funds holding
Funds holding: 312 → 308 (-4)
7% less capital invested
Capital invested by funds: $4.42B → $4.09B (-$322M)
29% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$16.1M |
| 2 |
Morgan Stanley
New York
|
+$15.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$10.4M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$8.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$41.3M |
| 2 |
Man Group
London,
United Kingdom
|
-$25.4M |
| 3 |
Renaissance Technologies
New York
|
-$13.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.43M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$5.88M |
IRDM Hedge Fund Activity: Q2 2022 in Review
308 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q2 2022, worth a combined $4.09B — down 7.3% from $4.42B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new IRDM positions and 37 closed out — a net gain of 3 holders — while 84 added to existing stakes and 119 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $16.1M. The largest seller was Millennium Management, cutting an estimated $41.3M.
- 308 institutional investors held Iridium Communications (IRDM) as of Q2 2022, down from 312 in Q1 2022.
- Funds reported $4.09B of Iridium Communications stock for Q2 2022, down 7.3% quarter-over-quarter.
- 40 funds opened new Iridium Communications positions in Q2 2022 and 37 closed out, a net change of +3 holders.
- The largest Iridium Communications buyer in Q2 2022 was Goldman Sachs, an estimated $16.1M added.
- The largest Iridium Communications seller in Q2 2022 was Millennium Management, an estimated $41.3M sold.
Based on aggregated 13F filings for Q2 2022.