Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
13 hedge funds and large institutions have $96.7M invested in Iridium Communications Inc - 6.75% Series B in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 0 closing their positions.
12% more capital invested
Capital invested by funds: $86M → $96.7M (+$10.7M)
8% more funds holding
Funds holding: 12 → 13 (+1)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$266K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$27.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$81.7K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $36.8M | – | – | – |
|
2
Geode Capital Management
Boston,
Massachusetts
| $21.3M | – | – | – |
|
3
Bank of Montreal
Toronto,
Ontario, Canada
| $10.5M | – | – | – |
|
4
Franklin Resources
San Mateo,
California
| $7.66M | – | – | – |
|
5
Citadel Advisors
Miami,
Florida
| $6.53M | – | – | – |
|
|
SIM
6
SSI Investment Management
Los Angeles,
California
| $5.1M | – | – | – |
|
|
ZA
7
Zazove Associates
Incline Village,
Nevada
| $4.06M | – | – | – |
|
8
SG Americas Securities
New York
| $1.17M | – | – | – |
|
|
PH
9
Pinnacle Holdings
Tulsa,
Oklahoma
| $1.16M | – | – | – |
|
|
RJFSA
10
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $981K | -$2.87K | -8 | -0.3% |
|
|
RJA
11
Raymond James & Associates
St Petersburg,
Florida
| $709K | -$81.7K | -228 | -11% |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $339K | +$27.2K | +76 | +9% |
|
|
CL
13
CSS LLC
Chicago,
Illinois
| $287K | +$266K | +743 | New |
|
14
UBS Group
Zurich,
Switzerland
| $49K | – | – | – |
|
|
LTFS
15
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | – | – | – |
|
IRDMB Hedge Fund Activity: Q2 2017 in Review
13 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q2 2017, worth a combined $96.7M — up 12% from $86M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new IRDMB positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was CSS LLC, opening a new position worth an estimated $266K. The largest seller was Raymond James & Associates, cutting an estimated $81.7K.
- 13 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q2 2017, up from 12 in Q1 2017.
- Funds reported $96.7M of Iridium Communications Inc - 6.75% Series B stock for Q2 2017, up 12% quarter-over-quarter.
- 1 fund opened new Iridium Communications Inc - 6.75% Series B positions in Q2 2017 and 0 closed out, a net change of +1 holder.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q2 2017 was CSS LLC, an estimated $266K added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q2 2017 was Raymond James & Associates, an estimated $81.7K sold.
Based on aggregated 13F filings for Q2 2017.