Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
12 hedge funds and large institutions have $86M invested in Iridium Communications Inc - 6.75% Series B in 2017 Q1 according to their latest regulatory filings, with funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
11% more capital invested
Capital invested by funds: $77.5M → $86M (+$8.49M)
8% less funds holding
Funds holding: 13 → 12 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$348K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$204K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$72.3K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$34.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$1.04M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$516K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.88K |
IRDMB Hedge Fund Activity: Q1 2017 in Review
12 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q1 2017, worth a combined $86M — up 11% from $77.5M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of IRDMB and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was SSI Investment Management, adding an estimated $348K. The largest seller was Equitec Specialists, exiting entirely with an estimated $1.04M sold.
- 12 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q1 2017, down from 13 in Q4 2016.
- Funds reported $86M of Iridium Communications Inc - 6.75% Series B stock for Q1 2017, up 11% quarter-over-quarter.
- 0 funds opened new Iridium Communications Inc - 6.75% Series B positions in Q1 2017 and 1 closed out, a net change of -1 holder.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q1 2017 was SSI Investment Management, an estimated $348K added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q1 2017 was Equitec Specialists, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2017.