Iridium Communications Inc - 6.75% Series B
IRDMB
IRDMB was delisted on the 14th of May, 2019.
9 hedge funds and large institutions have $153M invested in Iridium Communications Inc - 6.75% Series B in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 9 → 9 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
20% less capital invested
Capital invested by funds: $192M → $153M (-$39M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$8.04M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$509K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$65.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$327K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$168K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$89K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$61.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ES
1
Equitec Specialists
Chicago,
Illinois
| $74.9M | +$8.04M | +11,014 | +10% |
|
2
Geode Capital Management
Boston,
Massachusetts
| $43.1M | – | – | – |
|
3
SG Americas Securities
New York
| $19.1M | – | – | – |
|
4
Franklin Resources
San Mateo,
California
| $12.5M | – | – | – |
|
|
CL
5
CSS LLC
Chicago,
Illinois
| $927K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $916K | -$89K | -122 | -8% |
|
|
RJFSA
7
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $529K | -$61.3K | -84 | -9% |
|
|
8
Mirae Asset Global Investments
Seoul,
South Korea
| $437K | +$509K | +697 | New |
|
|
RJA
9
Raymond James & Associates
St Petersburg,
Florida
| $392K | +$65.7K | +90 | +17% |
|
|
10
UBS Group
Zurich,
Switzerland
| $32K | -$168K | -230 | -82% |
|
|
11
HighTower Advisors
Chicago,
Illinois
| – | -$327K | -400 | Closed |
|
IRDMB Hedge Fund Activity: Q4 2018 in Review
9 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Iridium Communications Inc - 6.75% Series B (IRDMB) for Q4 2018, worth a combined $153M — down 20% from $192M a quarter earlier.
Fund positioning in IRDMB was balanced in Q4 2018: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was Equitec Specialists, adding an estimated $8.04M. The largest seller was HighTower Advisors, exiting entirely with an estimated $327K sold.
- 9 institutional investors held Iridium Communications Inc - 6.75% Series B (IRDMB) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $153M of Iridium Communications Inc - 6.75% Series B stock for Q4 2018, down 20% quarter-over-quarter.
- 1 fund opened new Iridium Communications Inc - 6.75% Series B positions in Q4 2018 and 1 closed out, a net change of 0 holders.
- The largest Iridium Communications Inc - 6.75% Series B buyer in Q4 2018 was Equitec Specialists, an estimated $8.04M added.
- The largest Iridium Communications Inc - 6.75% Series B seller in Q4 2018 was HighTower Advisors, an estimated $327K sold.
Based on aggregated 13F filings for Q4 2018.