IRDM β€” IRIDIUM COMMUNICATIONS INC

Ownership history in TWO SIGMA SECURITIES, LLC  Β·  7 quarters on record

This page tracks every 13F SEC filing in which TWO SIGMA SECURITIES, LLC reported a position in IRIDIUM COMMUNICATIONS INC (IRDM). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.06% (2016 Q4)
πŸ“Š Avg. % of fund
0.03%
πŸ“… First filed
2016 Q4
πŸ“… Last filed
2025 Q3
⏱ Quarters held
7

Position Intelligence

TWO SIGMA SECURITIES, LLC Γ— IRDM AI Analytics

πŸ“‰ TWO SIGMA SECURITIES, LLC underperformed the S&P 500 by –52.8% annually on this IRDM position. Timing score: 40% (2/5 decisions correct). Average cost basis: $23.39. Maximum drawdown during holding period: –60.0%.

πŸ“ˆ Position Alpha vs SPY
-52.8%
annualised excess return

❌ Significantly underperformed the S&P 500 by 52.8% ann.
5 quarters analyzed

⏱️ Timing Score
40%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
2 of 5 add/trim decisions correct

πŸ’° Entry Quality
$23.39
-26.4% vs current ($17.22)

Best entry: $15.13 (2018 Q2)  Β·  Worst: $43.04 (2023 Q3)

πŸ›‘οΈ Drawdown Resilience
–60.0%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
71%
buy-side decisions

5 adds Β· 2 trims. Bought during 1 of 2 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.04% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    IRDM price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 7 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 16,794 -32 -0.2% 0.04% $293K $17.22
2025 Q2 ADDED 16,826 +8,331 +98.1% 0.06% $508K $29.50
2023 Q3 ADDED 8,495 +1,095 +14.8% 0.00% $386K $43.04
2022 Q1 REDUCED 7,400 -26,611 -78.2% 0.01% $298K $37.88
2018 Q3 ADDED 34,011 +7,718 +29.4% 0.00% $765K $21.14
2018 Q2 ADDED 26,293 +6,662 +33.9% 0.00% $423K $15.13
2016 Q4 INITIATED 19,631 β€” β€” 0.06% $188K β€”
← Back to TWO SIGMA SECURITIES, LLC Holdings