Iridium Communications
IRDM
330 hedge funds and large institutions have $4.73B invested in Iridium Communications in 2022 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 111 increasing their positions, 110 reducing their positions, and 23 closing their positions.
209% more call options, than puts
Call options by funds: $21.7M | Put options by funds: $7.03M
109% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 23
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
16% more capital invested
Capital invested by funds: $4.09B → $4.73B (+$638M)
7% more funds holding
Funds holding: 308 → 330 (+22)
1% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 110
0.61% less ownership
Funds ownership: 84.61% → 84% (-0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$27.5M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$18.8M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$14.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.27M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAMA
Nikko Asset Management Americas
New York
|
-$42.9M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$42.9M |
| 3 |
BlackRock
New York
|
-$34.7M |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$18.5M |
| 5 |
Goldman Sachs
New York
|
-$15.9M |
IRDM Hedge Fund Activity: Q3 2022 in Review
330 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications (IRDM) for Q3 2022, worth a combined $4.73B — up 16% from $4.09B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new IRDM positions and 23 closed out — a net gain of 25 holders — while 111 added to existing stakes and 110 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $27.5M. The largest seller was Nikko Asset Management Americas, cutting an estimated $42.9M.
- 330 institutional investors held Iridium Communications (IRDM) as of Q3 2022, up from 308 in Q2 2022.
- Funds reported $4.73B of Iridium Communications stock for Q3 2022, up 16% quarter-over-quarter.
- 48 funds opened new Iridium Communications positions in Q3 2022 and 23 closed out, a net change of +25 holders.
- The largest Iridium Communications buyer in Q3 2022 was Man Group, an estimated $27.5M added.
- The largest Iridium Communications seller in Q3 2022 was Nikko Asset Management Americas, an estimated $42.9M sold.
Based on aggregated 13F filings for Q3 2022.