Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
13 hedge funds and large institutions have $110M invested in Iridium Communications Inc - 6.75% Series B in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
37% more capital invested
Capital invested by funds: $80.7M → $110M (+$29.6M)
8% more funds holding
Funds holding: 12 → 13 (+1)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
+$1.97M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$328K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$80.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.97M |
| 2 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$763K |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$310K |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$153K |
| 5 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$81.7K |
IRDMB Hedge Fund Activity: Q2 2016 in Review
13 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q2 2016, worth a combined $110M — up 37% from $80.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new IRDMB positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Guardian Life Insurance, adding an estimated $1.97M. The largest seller was Deutsche Bank, cutting an estimated $1.97M.
- 13 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q2 2016, up from 12 in Q1 2016.
- Funds reported $110M of Iridium Communications Inc - 6.75% Series B stock for Q2 2016, up 37% quarter-over-quarter.
- 2 funds opened new Iridium Communications Inc - 6.75% Series B positions in Q2 2016 and 1 closed out, a net change of +1 holder.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q2 2016 was Guardian Life Insurance, an estimated $1.97M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q2 2016 was Deutsche Bank, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2016.