Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
11 hedge funds and large institutions have $108M invested in Iridium Communications Inc - 6.75% Series B in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 8 closing their positions.
6% more capital invested
Capital invested by funds: $102M → $108M (+$6M)
39% less funds holding
Funds holding: 18 → 11 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$862K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$7.34M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.09M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$2.33M |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$2.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.09M |
IRDMB Hedge Fund Activity: Q4 2015 in Review
11 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q4 2015, worth a combined $108M — up 5.9% from $102M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IRDMB and 1 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Pinnacle Holdings, opening a new position worth an estimated $862K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $7.34M sold.
- 11 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q4 2015, down from 18 in Q3 2015.
- Funds reported $108M of Iridium Communications Inc - 6.75% Series B stock for Q4 2015, up 5.9% quarter-over-quarter.
- 1 fund opened new Iridium Communications Inc - 6.75% Series B positions in Q4 2015 and 8 closed out, a net change of -7 holders.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q4 2015 was Pinnacle Holdings, an estimated $862K added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q4 2015 was Wolverine Asset Management, an estimated $7.34M sold.
Based on aggregated 13F filings for Q4 2015.