ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
128 hedge funds and large institutions have $605M invested in ORBCOMM, Inc. in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 19 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
2% less funds holding
Funds holding: 131 → 128 (-3)
6% less capital invested
Capital invested by funds: $641M → $605M (-$35.7M)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$16.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.11M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$6.92M |
| 4 |
Cerity Partners
New York
|
+$6.28M |
| 5 |
Renaissance Technologies
New York
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$34.4M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$10.5M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$7.38M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.76M |
| 5 |
Two Sigma Investments
New York
|
-$2.29M |
ORBC Hedge Fund Activity: Q3 2017 in Review
128 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q3 2017, worth a combined $605M — down 5.6% from $641M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ORBC and 17 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 50 added.
The largest buyer was Adage Capital Partners, adding an estimated $16.8M. The largest seller was Franklin Resources, cutting an estimated $34.4M.
- 128 institutional investors held ORBCOMM, Inc. (ORBC) as of Q3 2017, down from 131 in Q2 2017.
- Funds reported $605M of ORBCOMM, Inc. stock for Q3 2017, down 5.6% quarter-over-quarter.
- 17 funds opened new ORBCOMM, Inc. positions in Q3 2017 and 19 closed out, a net change of -2 holders.
- The largest ORBCOMM, Inc. buyer in Q3 2017 was Adage Capital Partners, an estimated $16.8M added.
- The largest ORBCOMM, Inc. seller in Q3 2017 was Franklin Resources, an estimated $34.4M sold.
Based on aggregated 13F filings for Q3 2017.