ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
131 hedge funds and large institutions have $641M invested in ORBCOMM, Inc. in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 48 increasing their positions, 40 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
20% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 40
16% more capital invested
Capital invested by funds: $552M → $641M (+$89.6M)
10% more funds holding
Funds holding: 119 → 131 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$11.7M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$10.6M |
| 3 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$7.81M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$6.44M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.2M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$14M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$11.9M |
| 4 |
BlackRock
New York
|
-$3.12M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$2.63M |
ORBC Hedge Fund Activity: Q2 2017 in Review
131 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q2 2017, worth a combined $641M — up 16% from $552M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ORBC positions and 9 closed out — a net gain of 13 holders — while 48 added to existing stakes and 40 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $11.7M. The largest seller was Adage Capital Partners, cutting an estimated $18.2M.
- 131 institutional investors held ORBCOMM, Inc. (ORBC) as of Q2 2017, up from 119 in Q1 2017.
- Funds reported $641M of ORBCOMM, Inc. stock for Q2 2017, up 16% quarter-over-quarter.
- 22 funds opened new ORBCOMM, Inc. positions in Q2 2017 and 9 closed out, a net change of +13 holders.
- The largest ORBCOMM, Inc. buyer in Q2 2017 was Hood River Capital Management, an estimated $11.7M added.
- The largest ORBCOMM, Inc. seller in Q2 2017 was Adage Capital Partners, an estimated $18.2M sold.
Based on aggregated 13F filings for Q2 2017.