Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
13 hedge funds and large institutions have $77.5M invested in Iridium Communications Inc - 6.75% Series B in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
7% less funds holding
Funds holding: 14 → 13 (-1)
9% less capital invested
Capital invested by funds: $85.2M → $77.5M (-$7.65M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.2M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$16.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$19.9M |
| 2 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$8.68M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$493K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$60K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$6.88K |
IRDMB Hedge Fund Activity: Q4 2016 in Review
13 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q4 2016, worth a combined $77.5M — down 9% from $85.2M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of IRDMB and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Deutsche Bank, adding an estimated $10.2M. The largest seller was BAMCO Inc, exiting entirely with an estimated $19.9M sold.
- 13 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q4 2016, down from 14 in Q3 2016.
- Funds reported $77.5M of Iridium Communications Inc - 6.75% Series B stock for Q4 2016, down 9% quarter-over-quarter.
- 0 funds opened new Iridium Communications Inc - 6.75% Series B positions in Q4 2016 and 1 closed out, a net change of -1 holder.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q4 2016 was Deutsche Bank, an estimated $10.2M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q4 2016 was BAMCO Inc, an estimated $19.9M sold.
Based on aggregated 13F filings for Q4 2016.