ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
117 hedge funds and large institutions have $181M invested in ORBCOMM, Inc. in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 49 reducing their positions, and 22 closing their positions.
10% less funds holding
Funds holding: 130 → 117 (-13)
11% less call options, than puts
Call options by funds: $194K | Put options by funds: $217K
12% less capital invested
Capital invested by funds: $205M → $181M (-$24.2M)
39% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 49
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$5.13M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.31M |
| 3 |
Renaissance Technologies
New York
|
+$1.44M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.05M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.3M |
| 2 |
Two Sigma Investments
New York
|
-$1.12M |
| 3 |
Two Sigma Advisers
New York
|
-$1.06M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$939K |
| 5 |
D.E. Shaw & Co
New York
|
-$913K |
ORBC Hedge Fund Activity: Q3 2020 in Review
117 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q3 2020, worth a combined $181M — down 12% from $205M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ORBC and 10 opened new positions — a net loss of 12 holders — while 49 trimmed existing stakes and 30 added.
The largest buyer was River Road Asset Management, adding an estimated $5.13M. The largest seller was Jacobs Levy Equity Management, cutting an estimated $1.3M.
- 117 institutional investors held ORBCOMM, Inc. (ORBC) as of Q3 2020, down from 130 in Q2 2020.
- Funds reported $181M of ORBCOMM, Inc. stock for Q3 2020, down 12% quarter-over-quarter.
- 10 funds opened new ORBCOMM, Inc. positions in Q3 2020 and 22 closed out, a net change of -12 holders.
- The largest ORBCOMM, Inc. buyer in Q3 2020 was River Road Asset Management, an estimated $5.13M added.
- The largest ORBCOMM, Inc. seller in Q3 2020 was Jacobs Levy Equity Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2020.