ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
153 hedge funds and large institutions have $299M invested in ORBCOMM, Inc. in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 23 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
3% more funds holding
Funds holding: 149 → 153 (+4)
40% less capital invested
Capital invested by funds: $499M → $299M (-$199M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
74% less call options, than puts
Call options by funds: $188K | Put options by funds: $721K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.18M |
| 2 |
Millennium Management
New York
|
+$3.64M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.27M |
| 4 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$2.39M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
General Industrial Partners
London,
United Kingdom
|
-$35.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.32M |
| 3 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$5.37M |
| 4 |
ClearBridge Investments
New York
|
-$5.29M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.75M |
ORBC Hedge Fund Activity: Q3 2019 in Review
153 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q3 2019, worth a combined $299M — down 40% from $499M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ORBC positions and 23 closed out — a net gain of 5 holders — while 59 added to existing stakes and 38 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $7.18M. The largest seller was General Industrial Partners, exiting entirely with an estimated $35.6M sold.
- 153 institutional investors held ORBCOMM, Inc. (ORBC) as of Q3 2019, up from 149 in Q2 2019.
- Funds reported $299M of ORBCOMM, Inc. stock for Q3 2019, down 40% quarter-over-quarter.
- 28 funds opened new ORBCOMM, Inc. positions in Q3 2019 and 23 closed out, a net change of +5 holders.
- The largest ORBCOMM, Inc. buyer in Q3 2019 was Goldman Sachs, an estimated $7.18M added.
- The largest ORBCOMM, Inc. seller in Q3 2019 was General Industrial Partners, an estimated $35.6M sold.
Based on aggregated 13F filings for Q3 2019.