ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
141 hedge funds and large institutions have $583M invested in ORBCOMM, Inc. in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 64 increasing their positions, 25 reducing their positions, and 20 closing their positions.
442% more call options, than puts
Call options by funds: $206K | Put options by funds: $38K
156% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 25
9% more capital invested
Capital invested by funds: $536M → $583M (+$47.2M)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
1% less funds holding
Funds holding: 142 → 141 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$11.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.86M |
| 3 |
Rockefeller Capital Management
New York
|
+$6.52M |
| 4 |
BlackRock
New York
|
+$5.86M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$6.91M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.58M |
| 3 |
Millennium Management
New York
|
-$4.91M |
| 4 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$3.47M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$2.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
151
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$169K | -18,000 | Closed |
|
|
DTL
152
Dynamic Technology Lab
Singapore
| – | -$155K | -16,547 | Closed |
|
|
PG
153
PEAK6 Group
Chicago,
Illinois
| – | -$82K | -8,790 | Closed |
|
154
Citigroup
New York
| – | -$74K | -7,841 | Closed |
|
|
SWP
155
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$44K | -4,694 | Closed |
|
156
US Bancorp
Minneapolis,
Minnesota
| – | -$39K | -4,197 | Closed |
|
157
Parallax Volatility Advisers
San Francisco,
California
| – | -$12K | -1,304 | Closed |
|
158
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -756 | Closed |
|
159
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -439 | Closed |
|
ORBC Hedge Fund Activity: Q2 2018 in Review
141 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q2 2018, worth a combined $583M — up 8.8% from $536M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ORBC positions and 20 closed out — a net gain of 1 holder — while 64 added to existing stakes and 25 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $11.5M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $6.91M sold.
- 141 institutional investors held ORBCOMM, Inc. (ORBC) as of Q2 2018, down from 142 in Q1 2018.
- Funds reported $583M of ORBCOMM, Inc. stock for Q2 2018, up 8.8% quarter-over-quarter.
- 21 funds opened new ORBCOMM, Inc. positions in Q2 2018 and 20 closed out, a net change of +1 holder.
- The largest ORBCOMM, Inc. buyer in Q2 2018 was Polar Asset Management Partners, an estimated $11.5M added.
- The largest ORBCOMM, Inc. seller in Q2 2018 was Eagle Asset Management, an estimated $6.91M sold.
Based on aggregated 13F filings for Q2 2018.