Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
12 hedge funds and large institutions have $104M invested in Iridium Communications Inc - 6.75% Series B in 2017 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
14% more capital invested
Capital invested by funds: $91.1M → $104M (+$12.8M)
14% less funds holding
Funds holding: 14 → 12 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$11M |
| 2 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$2.63M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$40.5K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$32.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$3.87M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$270K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$60.7K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$10.1K |
IRDMB Hedge Fund Activity: Q4 2017 in Review
12 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q4 2017, worth a combined $104M — up 14% from $91.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of IRDMB and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was SG Americas Securities, adding an estimated $11M. The largest seller was Zazove Associates, exiting entirely with an estimated $3.87M sold.
- 12 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q4 2017, down from 14 in Q3 2017.
- Funds reported $104M of Iridium Communications Inc - 6.75% Series B stock for Q4 2017, up 14% quarter-over-quarter.
- 0 funds opened new Iridium Communications Inc - 6.75% Series B positions in Q4 2017 and 2 closed out, a net change of -2 holders.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q4 2017 was SG Americas Securities, an estimated $11M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q4 2017 was Zazove Associates, an estimated $3.87M sold.
Based on aggregated 13F filings for Q4 2017.