ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
142 hedge funds and large institutions have $536M invested in ORBCOMM, Inc. in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 39 increasing their positions, 48 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
4% more funds holding
Funds holding: 137 → 142 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $573M → $536M (-$37.6M)
19% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 48
99% less call options, than puts
Call options by funds: $6K | Put options by funds: $475K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$14.6M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$13.3M |
| 3 |
Millennium Management
New York
|
+$7.71M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.1M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$11.4M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$9.55M |
| 3 |
RA
Royce & Associates
New York
|
-$3.82M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$3.58M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
151
GSA Capital Partners
London,
United Kingdom
| – | -$243K | -23,884 | Closed |
|
|
JG
152
Jefferies Group
New York
| – | -$175K | -17,198 | Closed |
|
153
Principal Financial Group
Des Moines,
Iowa
| – | -$111K | -10,894 | Closed |
|
|
VC
154
Vestor Capital
Chicago,
Illinois
| – | -$40K | -3,925 | Closed |
|
|
MA
155
MUFG Americas
New York
| – | -$29K | -2,890 | Closed |
|
|
TRCT
156
Tower Research Capital (TRC)
New York
| – | -$2K | -196 | Closed |
|
|
MAM
157
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -87 | Closed |
|
158
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$478 | +45 | New |
|
ORBC Hedge Fund Activity: Q1 2018 in Review
142 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q1 2018, worth a combined $536M — down 6.6% from $573M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ORBC positions and 17 closed out — a net gain of 6 holders — while 39 added to existing stakes and 48 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $14.6M. The largest seller was BlackRock, cutting an estimated $11.4M.
- 142 institutional investors held ORBCOMM, Inc. (ORBC) as of Q1 2018, up from 137 in Q4 2017.
- Funds reported $536M of ORBCOMM, Inc. stock for Q1 2018, down 6.6% quarter-over-quarter.
- 23 funds opened new ORBCOMM, Inc. positions in Q1 2018 and 17 closed out, a net change of +6 holders.
- The largest ORBCOMM, Inc. buyer in Q1 2018 was Adage Capital Partners, an estimated $14.6M added.
- The largest ORBCOMM, Inc. seller in Q1 2018 was BlackRock, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2018.