ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
124 hedge funds and large institutions have $596M invested in ORBCOMM, Inc. in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 34 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
44% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 34
4% more funds holding
Funds holding: 119 → 124 (+5)
4% more capital invested
Capital invested by funds: $574M → $596M (+$22.3M)
33% less call options, than puts
Call options by funds: $4K | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$15.2M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$9.22M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.27M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$6M |
| 5 |
Goldman Sachs
New York
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$25.3M |
| 2 |
Jennison Associates
New York
|
-$11.7M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$2.84M |
| 4 |
Millennium Management
New York
|
-$2.08M |
| 5 |
RA
Royce & Associates
New York
|
-$1.89M |
ORBC Hedge Fund Activity: Q3 2016 in Review
124 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q3 2016, worth a combined $596M — up 3.9% from $574M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ORBC positions and 9 closed out — a net gain of 6 holders — while 49 added to existing stakes and 34 trimmed.
The largest buyer was Franklin Resources, adding an estimated $15.2M. The largest seller was Raging Capital Management, cutting an estimated $25.3M.
- 124 institutional investors held ORBCOMM, Inc. (ORBC) as of Q3 2016, up from 119 in Q2 2016.
- Funds reported $596M of ORBCOMM, Inc. stock for Q3 2016, up 3.9% quarter-over-quarter.
- 15 funds opened new ORBCOMM, Inc. positions in Q3 2016 and 9 closed out, a net change of +6 holders.
- The largest ORBCOMM, Inc. buyer in Q3 2016 was Franklin Resources, an estimated $15.2M added.
- The largest ORBCOMM, Inc. seller in Q3 2016 was Raging Capital Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2016.