ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
152 hedge funds and large institutions have $474M invested in ORBCOMM, Inc. in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 24 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
0% more funds holding
Funds holding: 152 → 152 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less capital invested
Capital invested by funds: $563M → $474M (-$89.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$7.99M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$6.4M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$4.21M |
| 4 |
HA
Homestead Advisers
Arlington,
Virginia
|
+$3.63M |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.47M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$6.63M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.1M |
| 4 |
BlackRock
New York
|
-$2.99M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$2.58M |
ORBC Hedge Fund Activity: Q1 2019 in Review
152 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q1 2019, worth a combined $474M — down 16% from $563M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ORBC positions and 24 closed out — a net gain of 1 holder — while 59 added to existing stakes and 38 trimmed.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $7.99M. The largest seller was Wellington Management Group, cutting an estimated $8.47M.
- 152 institutional investors held ORBCOMM, Inc. (ORBC) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $474M of ORBCOMM, Inc. stock for Q1 2019, down 16% quarter-over-quarter.
- 25 funds opened new ORBCOMM, Inc. positions in Q1 2019 and 24 closed out, a net change of +1 holder.
- The largest ORBCOMM, Inc. buyer in Q1 2019 was Raging Capital Management, an estimated $7.99M added.
- The largest ORBCOMM, Inc. seller in Q1 2019 was Wellington Management Group, an estimated $8.47M sold.
Based on aggregated 13F filings for Q1 2019.