ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
130 hedge funds and large institutions have $205M invested in ORBCOMM, Inc. in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 30 closing their positions.
363% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $251K
50% more capital invested
Capital invested by funds: $137M → $205M (+$68.1M)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
5% less funds holding
Funds holding: 137 → 130 (-7)
23% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$3.45M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.5M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$918K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$592K |
| 5 |
State Street
Boston,
Massachusetts
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$2.78M |
| 2 |
Millennium Management
New York
|
-$2.54M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.74M |
| 4 |
Renaissance Technologies
New York
|
-$1.56M |
| 5 |
Cerity Partners
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFAS
151
Level Four Advisory Services
Dallas,
Texas
| – | -$25K | -10,400 | Closed |
|
|
DTL
152
Dynamic Technology Lab
Singapore
| – | -$25K | -10,199 | Closed |
|
|
PHK
153
Point72 Hong Kong
Hong Kong
| – | -$22K | -9,116 | Closed |
|
154
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$12K | -4,798 | Closed |
|
155
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$11K | -4,318 | Closed |
|
|
CSS
156
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$4K | -1,500 | Closed |
|
|
EI
157
Ellevest Inc
New York
| – | -$1K | -311 | Closed |
|
ORBC Hedge Fund Activity: Q2 2020 in Review
130 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q2 2020, worth a combined $205M — up 50% from $137M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ORBC and 23 opened new positions — a net loss of 7 holders — while 40 trimmed existing stakes and 40 added.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $3.45M. The largest seller was Ariel Investments, cutting an estimated $2.78M.
- 130 institutional investors held ORBCOMM, Inc. (ORBC) as of Q2 2020, down from 137 in Q1 2020.
- Funds reported $205M of ORBCOMM, Inc. stock for Q2 2020, up 50% quarter-over-quarter.
- 23 funds opened new ORBCOMM, Inc. positions in Q2 2020 and 30 closed out, a net change of -7 holders.
- The largest ORBCOMM, Inc. buyer in Q2 2020 was River Road Asset Management, an estimated $3.45M added.
- The largest ORBCOMM, Inc. seller in Q2 2020 was Ariel Investments, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2020.