Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Iridium Communications Inc (IRDM)

372 + Investors. Track Smart Money conviction in IRDM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +57
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — IRDM

Based on 375 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added IRDM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
375 hedge funds hold IRDM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

230 buying154 selling
Last quarter: 230 funds were net buyers (108 opened a brand new position + 122 added to an existing one). Only 154 were sellers (103 trimmed + 51 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+43 vs last Q)

new funds entering per quarter
Funds opening a new IRDM position: 51 → 62 → 65 → 108. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 19% medium ■ 25% new
211 out of 375 hedge funds have held IRDM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+47% value, -4% shares)

Value
+47%
Shares
-3%
Last quarter: total value of institutional IRDM holdings rose +47% even though funds reduced share count by 4%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

53 → 51 → 62 → 65 → 108 new funds/Q
New funds entering each quarter: 51 → 62 → 65 → 108. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 64% veterans vs 27% newcomers

■ 64% veterans ■ 9% 1-2yr ■ 27% new
Entry-cohort mix of 387 holders: 248 (64%) are 2+ year veterans, 36 entered 1–2 years ago, and 103 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
55 of 373 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in IRDM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — IRDM

In 2026 Q1, 230 hedge funds were net buyers of IRDM (108 opened a new position, 122 added to an existing one), while 154 reduced or exited (103 trimmed, 51 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 40% of total institutional value in IRDM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +57 funds (more new holders than closures). Total institutional holders: 375.

Hedge Fund Ownership: IRDM

How many hedge funds hold IRDM — quarterly history vs. share price
Quarterly hedge fund ownership of IRDM vs. share price

Market Analysis: IRDM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IRDM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Iridium Communications Inc (IRDM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IRDM has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
IRDM
+56.6%
XLC
+0.7%

IRDM outperformed XLC by +55.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
IRDM
+4.7%
XLC
-3.8%

Since the filing became public, IRDM outperformed XLC by +8.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

33 top-rated funds 1 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: IRDM
372 + Investors

Track Smart Money conviction in IRDM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 372 318 16.98%
13F Shares 90M 93M -3.61%
Total Value $2.38B $1.62B 47.34%
New Positions 105 65 +40
Increased Positions 119 109 +10
Closed Positions 51 68 -17
Reduced Positions 100 110 -10
Total Calls 8 9 -11.11%
Total Puts 6 6 -
PUT/CALL Ratio 0.75 0.67 Neutral

Statistics: IRDM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Return on Equity (ttm) --
Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

372 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in IRDM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 IRDM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Silver Heights Capital Management Inc 54.85% 5,145,479 $142.7M
2 Morgens Waterfall Vintiadis & Co Inc 5.26% 154,000 $4.3M
3 Robertson Opportunity Capital, LLC 3.07% 287,346 $8.0M
4 ArchPoint Investors 1.30% 197,066 $5.5M
5 Icon Advisers Inc/Co 0.68% 106,467 $3.0M
6 Range Financial Group LLC 0.64% 68,634 $1.9M
7 IFS Group,LLC 0.55% 22,128 $614K
8 ARK Investment Management LLC 0.37% 1,726,802 $47.9M
9 Oak Thistle LLC 0.30% 113,057 $3.1M
10 Amova Asset Management Americas, Inc. 0.29% 736,973 $20.4M
11 Gotham Asset Management, LLC 0.28% 3,353,971 $93.0M
12 Guidance Capital, Inc 0.27% 30,949 $1.2M
13 PDT Partners, LLC 0.23% 138,207 $3.8M
14 Pinnacle Associates Ltd 0.20% 562,741 $15.6M
15 Kassira Wealth Management LLC 0.19% 7,261 $201K
16 Values First Advisors, Inc. 0.15% 10,302 $286K
17 Corecam Pte. Ltd. 0.14% 12,026 $334K
18 WealthTrust Axiom LLC 0.14% 19,886 $552K
19 Select Equity Group, L.P. 0.13% 942,519 $26.1M
20 Jupiter Asset Management Ltd 0.13% 893,282 $24.8M
21 Mcdonald Partners LLC 0.13% 19,525 $542K
22 Paralel Advisors LLC 0.11% 97,919 $2.7M
23 Carolina Wealth Advisors, LLC 0.11% 9,380 $260K
24 AdvisorShares Investments LLC 0.10% 20,296 $563K
25 Defiance ETFs, LLC 0.10% 255,175 $7.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Iridium Communications Inc (IRDM)

What does the Smart Money Trend signal show for IRDM?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added IRDM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for IRDM?

More buyers than sellers — 60% buying: Last quarter: 230 funds were net buyers (108 opened a brand new position + 122 added to an existing one). Only 154 were sellers (103 trimmed + 51 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for IRDM holders?

Elite ownership — 40% AUM from top-100 funds: 55 of 373 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in IRDM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held IRDM?

56% of holders stayed for 2+ years: 211 out of 375 hedge funds have held IRDM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Iridium Communications Inc (IRDM) following the 2026 Q1 hedge fund 13F filings?

As of today, IRDM has moved +4.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.8% for the XLC sector ETF — an outperformance of +8.5%. Since the quarter end (March 31, 2026), IRDM has gained +56.6% vs +0.7% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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