ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
86 hedge funds and large institutions have $302M invested in ORBCOMM, Inc. in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $237M → $302M (+$64.7M)
9% more funds holding
Funds holding: 79 → 86 (+7)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
86% less call options, than puts
Call options by funds: $2K | Put options by funds: $14K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$14.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.48M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$5.77M |
| 4 |
Bank of New York Mellon
New York
|
+$1.49M |
| 5 |
LH
Lebenthal Holdings
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$6.84M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.11M |
| 3 |
EGM
Espalier Global Management
New York
|
-$2.18M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$2.06M |
| 5 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$1.65M |
ORBC Hedge Fund Activity: Q2 2015 in Review
86 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q2 2015, worth a combined $302M — up 27% from $237M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ORBC positions and 9 closed out — a net gain of 7 holders — while 28 added to existing stakes and 27 trimmed.
The largest buyer was Jennison Associates, adding an estimated $14.7M. The largest seller was Ariel Investments, cutting an estimated $6.84M.
- 86 institutional investors held ORBCOMM, Inc. (ORBC) as of Q2 2015, up from 79 in Q1 2015.
- Funds reported $302M of ORBCOMM, Inc. stock for Q2 2015, up 27% quarter-over-quarter.
- 16 funds opened new ORBCOMM, Inc. positions in Q2 2015 and 9 closed out, a net change of +7 holders.
- The largest ORBCOMM, Inc. buyer in Q2 2015 was Jennison Associates, an estimated $14.7M added.
- The largest ORBCOMM, Inc. seller in Q2 2015 was Ariel Investments, an estimated $6.84M sold.
Based on aggregated 13F filings for Q2 2015.