ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
119 hedge funds and large institutions have $552M invested in ORBCOMM, Inc. in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
17% more capital invested
Capital invested by funds: $470M → $552M (+$81.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 120 → 119 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$54.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$7.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.08M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.47M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.9M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$7.23M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3M |
| 4 |
Goldman Sachs
New York
|
-$2.3M |
| 5 |
Millennium Management
New York
|
-$2.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
HSBC Holdings
London,
United Kingdom
| – | -$92K | -11,136 | Closed |
|
127
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$47.2K | -5,505 | -100% |
|
128
EARNEST Partners
Atlanta,
Georgia
| – | -$39K | -4,700 | Closed |
|
|
PHK
129
Point72 Hong Kong
Hong Kong
| – | -$20K | -2,470 | Closed |
|
|
JIC
130
Joel Isaacson & Co
New York
| – | -$8K | -1,000 | Closed |
|
|
TRCT
131
Tower Research Capital (TRC)
New York
| – | -$5K | -600 | Closed |
|
|
FWM
132
Focused Wealth Management
Newburgh,
New York
| – | -$4K | -500 | Closed |
|
ORBC Hedge Fund Activity: Q1 2017 in Review
119 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q1 2017, worth a combined $552M — up 17% from $470M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ORBC positions and 13 closed out — a net gain of 4 holders — while 45 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $54.8M. The largest seller was Wellington Management Group, cutting an estimated $15.9M.
- 119 institutional investors held ORBCOMM, Inc. (ORBC) as of Q1 2017, down from 120 in Q4 2016.
- Funds reported $552M of ORBCOMM, Inc. stock for Q1 2017, up 17% quarter-over-quarter.
- 17 funds opened new ORBCOMM, Inc. positions in Q1 2017 and 13 closed out, a net change of +4 holders.
- The largest ORBCOMM, Inc. buyer in Q1 2017 was BlackRock, an estimated $54.8M added.
- The largest ORBCOMM, Inc. seller in Q1 2017 was Wellington Management Group, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2017.