ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
137 hedge funds and large institutions have $573M invested in ORBCOMM, Inc. in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
21% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 39
7% more funds holding
Funds holding: 128 → 137 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $605M → $573M (-$32.3M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $483K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$10.1M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$8.03M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$7.1M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$5.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$17.6M |
| 2 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$16.2M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$11.2M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$8.57M |
| 5 |
Renaissance Technologies
New York
|
-$5.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$114K | -10,900 | Closed |
|
152
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$33K | -3,179 | Closed |
|
|
IA
153
IFP Advisors
Tampa,
Florida
| – | -$10K | -1,000 | Closed |
|
|
CAC
154
Certified Advisory Corp
Altamonte Springs,
Florida
| – | +$63 | +6 | New |
|
ORBC Hedge Fund Activity: Q4 2017 in Review
137 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q4 2017, worth a combined $573M — down 5.3% from $605M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ORBC positions and 17 closed out — a net gain of 10 holders — while 47 added to existing stakes and 39 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $11.1M. The largest seller was Franklin Resources, cutting an estimated $17.6M.
- 137 institutional investors held ORBCOMM, Inc. (ORBC) as of Q4 2017, up from 128 in Q3 2017.
- Funds reported $573M of ORBCOMM, Inc. stock for Q4 2017, down 5.3% quarter-over-quarter.
- 27 funds opened new ORBCOMM, Inc. positions in Q4 2017 and 17 closed out, a net change of +10 holders.
- The largest ORBCOMM, Inc. buyer in Q4 2017 was Wellington Management Group, an estimated $11.1M added.
- The largest ORBCOMM, Inc. seller in Q4 2017 was Franklin Resources, an estimated $17.6M sold.
Based on aggregated 13F filings for Q4 2017.