Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
21 hedge funds and large institutions have $162M invested in Iridium Communications Inc - 6.75% Series B in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
13% more capital invested
Capital invested by funds: $143M → $162M (+$19M)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$23M |
| 2 |
LA
Linden Advisors
New York
|
+$1.39M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.04M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$1.04M |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
-$8.33M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$2.78M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$964K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$521K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$37K |
IRDMB Hedge Fund Activity: Q1 2015 in Review
21 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q1 2015, worth a combined $162M — up 13% from $143M a quarter earlier.
Fund positioning in IRDMB was balanced in Q1 2015: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 3 trimmed.
The largest buyer was BAMCO Inc, opening a new position worth an estimated $23M. The largest seller was Guardian Life Insurance, exiting entirely with an estimated $8.33M sold.
- 21 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $162M of Iridium Communications Inc - 6.75% Series B stock for Q1 2015, up 13% quarter-over-quarter.
- 2 funds opened new Iridium Communications Inc - 6.75% Series B positions in Q1 2015 and 2 closed out, a net change of 0 holders.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q1 2015 was BAMCO Inc, an estimated $23M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q1 2015 was Guardian Life Insurance, an estimated $8.33M sold.
Based on aggregated 13F filings for Q1 2015.