ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
119 hedge funds and large institutions have $574M invested in ORBCOMM, Inc. in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 29 reducing their positions, and 12 closing their positions.
5,180% more call options, than puts
Call options by funds: $528K | Put options by funds: $10K
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
59% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 29
6% more capital invested
Capital invested by funds: $542M → $574M (+$32M)
5% more funds holding
Funds holding: 113 → 119 (+6)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$12.8M |
| 3 |
LAM
Lebenthal Asset Management
New York
|
+$8.54M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$8.41M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$24.8M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$22.5M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$5.33M |
| 4 |
RA
Royce & Associates
New York
|
-$5.08M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$3.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Arrowstreet Capital
Boston,
Massachusetts
| – | -$501K | -49,500 | Closed |
|
|
HT
127
HAP Trading
New York
| – | -$452K | -44,625 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$413K | -42,826 | Closed |
|
|
PP
129
PDT Partners
New York
| – | -$381K | -37,580 | Closed |
|
|
CCM
130
Coldstream Capital Management
Bellevue,
Washington
| – | -$224K | -22,150 | Closed |
|
|
TC
131
TFS Capital
West Chester,
Pennsylvania
| – | -$187K | -18,495 | Closed |
|
ORBC Hedge Fund Activity: Q2 2016 in Review
119 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q2 2016, worth a combined $574M — up 5.9% from $542M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ORBC positions and 12 closed out — a net gain of 8 holders — while 46 added to existing stakes and 29 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $38.5M. The largest seller was Jennison Associates, cutting an estimated $24.8M.
- 119 institutional investors held ORBCOMM, Inc. (ORBC) as of Q2 2016, up from 113 in Q1 2016.
- Funds reported $574M of ORBCOMM, Inc. stock for Q2 2016, up 5.9% quarter-over-quarter.
- 20 funds opened new ORBCOMM, Inc. positions in Q2 2016 and 12 closed out, a net change of +8 holders.
- The largest ORBCOMM, Inc. buyer in Q2 2016 was Wellington Management Group, an estimated $38.5M added.
- The largest ORBCOMM, Inc. seller in Q2 2016 was Jennison Associates, an estimated $24.8M sold.
Based on aggregated 13F filings for Q2 2016.