Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
18 hedge funds and large institutions have $102M invested in Iridium Communications Inc - 6.75% Series B in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more funds holding
Funds holding: 17 → 18 (+1)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
24% less capital invested
Capital invested by funds: $134M → $102M (-$31.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.6M |
| 2 |
SG Americas Securities
New York
|
+$8.44M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$6.76M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.68M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$13.1M |
| 2 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$10.7M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$6.53M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$4.19M |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$2.98M |
IRDMB Hedge Fund Activity: Q3 2015 in Review
18 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q3 2015, worth a combined $102M — down 24% from $134M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IRDMB positions and 4 closed out — a net gain of 1 holder — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $24.6M. The largest seller was Linden Advisors, cutting an estimated $13.1M.
- 18 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q3 2015, up from 17 in Q2 2015.
- Funds reported $102M of Iridium Communications Inc - 6.75% Series B stock for Q3 2015, down 24% quarter-over-quarter.
- 5 funds opened new Iridium Communications Inc - 6.75% Series B positions in Q3 2015 and 4 closed out, a net change of +1 holder.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q3 2015 was Deutsche Bank, an estimated $24.6M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q3 2015 was Linden Advisors, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2015.