ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
148 hedge funds and large institutions have $259M invested in ORBCOMM, Inc. in 2019 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 40 reducing their positions, and 27 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 40
3% less funds holding
Funds holding: 153 → 148 (-5)
14% less capital invested
Capital invested by funds: $299M → $259M (-$40.5M)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
90% less call options, than puts
Call options by funds: $23K | Put options by funds: $220K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.56M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.23M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$2.61M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
+$2.32M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.54M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$7.61M |
| 3 |
ClearBridge Investments
New York
|
-$5.68M |
| 4 |
RA
Royce & Associates
New York
|
-$1.95M |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.9M |
ORBC Hedge Fund Activity: Q4 2019 in Review
148 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q4 2019, worth a combined $259M — down 14% from $299M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ORBC and 23 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 58 added.
The largest buyer was Deutsche Bank, adding an estimated $4.56M. The largest seller was Wellington Management Group, cutting an estimated $8.54M.
- 148 institutional investors held ORBCOMM, Inc. (ORBC) as of Q4 2019, down from 153 in Q3 2019.
- Funds reported $259M of ORBCOMM, Inc. stock for Q4 2019, down 14% quarter-over-quarter.
- 23 funds opened new ORBCOMM, Inc. positions in Q4 2019 and 27 closed out, a net change of -4 holders.
- The largest ORBCOMM, Inc. buyer in Q4 2019 was Deutsche Bank, an estimated $4.56M added.
- The largest ORBCOMM, Inc. seller in Q4 2019 was Wellington Management Group, an estimated $8.54M sold.
Based on aggregated 13F filings for Q4 2019.