ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
137 hedge funds and large institutions have $137M invested in ORBCOMM, Inc. in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 41 reducing their positions, and 28 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 41
7% less funds holding
Funds holding: 148 → 137 (-11)
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
47% less capital invested
Capital invested by funds: $259M → $137M (-$122M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$5.46M |
| 2 |
Renaissance Technologies
New York
|
+$3.75M |
| 3 |
Two Sigma Advisers
New York
|
+$879K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$849K |
| 5 |
State Street
Boston,
Massachusetts
|
+$783K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$9.93M |
| 3 |
Axa
Paris,
France
|
-$3.37M |
| 4 |
Goldman Sachs
New York
|
-$629K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$517K |
ORBC Hedge Fund Activity: Q1 2020 in Review
137 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q1 2020, worth a combined $137M — down 47% from $259M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ORBC and 19 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 46 added.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $5.46M. The largest seller was Wellington Management Group, exiting entirely with an estimated $23.5M sold.
- 137 institutional investors held ORBCOMM, Inc. (ORBC) as of Q1 2020, down from 148 in Q4 2019.
- Funds reported $137M of ORBCOMM, Inc. stock for Q1 2020, down 47% quarter-over-quarter.
- 19 funds opened new ORBCOMM, Inc. positions in Q1 2020 and 28 closed out, a net change of -9 holders.
- The largest ORBCOMM, Inc. buyer in Q1 2020 was Rubric Capital Management (New York), an estimated $5.46M added.
- The largest ORBCOMM, Inc. seller in Q1 2020 was Wellington Management Group, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2020.