ORBCOMM, Inc.
ORBC
ORBC was delisted on the 31st of August, 2021.
161 hedge funds and large institutions have $681M invested in ORBCOMM, Inc. in 2021 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 36 increasing their positions, 50 reducing their positions, and 52 closing their positions.
341% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $513K
69% more capital invested
Capital invested by funds: $404M → $681M (+$277M)
15% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 52
5% more funds holding
Funds holding: 153 → 161 (+8)
28% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$34.2M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$27.7M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$24.5M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$15.6M |
| 5 |
BHMP
Bardin Hill Management Partners
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$54.7M |
| 2 |
Renaissance Technologies
New York
|
-$15.6M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$15.4M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$10.9M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$10.7M |
ORBC Hedge Fund Activity: Q2 2021 in Review
161 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ORBCOMM, Inc. (ORBC) for Q2 2021, worth a combined $681M — up 69% from $404M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new ORBC positions and 52 closed out — a net gain of 8 holders — while 36 added to existing stakes and 50 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $34.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $54.7M sold.
- 161 institutional investors held ORBCOMM, Inc. (ORBC) as of Q2 2021, up from 153 in Q1 2021.
- Funds reported $681M of ORBCOMM, Inc. stock for Q2 2021, up 69% quarter-over-quarter.
- 60 funds opened new ORBCOMM, Inc. positions in Q2 2021 and 52 closed out, a net change of +8 holders.
- The largest ORBCOMM, Inc. buyer in Q2 2021 was Water Island Capital, an estimated $34.2M added.
- The largest ORBCOMM, Inc. seller in Q2 2021 was Adage Capital Partners, an estimated $54.7M sold.
Based on aggregated 13F filings for Q2 2021.