Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
17 hedge funds and large institutions have $134M invested in Iridium Communications Inc - 6.75% Series B in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 5 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
18% less capital invested
Capital invested by funds: $162M → $134M (-$28.6M)
19% less funds holding
Funds holding: 21 → 17 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$7.37M |
| 2 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$5.12M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$4.66M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.84M |
| 5 |
Lazard Asset Management
New York
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$27.6M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$10.6M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$2.89M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.19M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$316K |
IRDMB Hedge Fund Activity: Q2 2015 in Review
17 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q2 2015, worth a combined $134M — down 18% from $162M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IRDMB and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 8 added.
The largest buyer was Linden Advisors, adding an estimated $7.37M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $27.6M sold.
- 17 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q2 2015, down from 21 in Q1 2015.
- Funds reported $134M of Iridium Communications Inc - 6.75% Series B stock for Q2 2015, down 18% quarter-over-quarter.
- 1 fund opened new Iridium Communications Inc - 6.75% Series B positions in Q2 2015 and 5 closed out, a net change of -4 holders.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q2 2015 was Linden Advisors, an estimated $7.37M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q2 2015 was Oaktree Capital Management, an estimated $27.6M sold.
Based on aggregated 13F filings for Q2 2015.