Who Owns Iridium Communications Stock?
NASDAQ: IRDMConsumer DiscretionaryTelecommunications EquipmentUSD
At close: Oct 20, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 89.26%
- Institutions (% of float)
- 101.34%
- Held by insiders
- 11.92%
- Institutional holders
- 615
- Institutions 88.1%
- Insiders 11.9%
- Public and other 0.0%
Who owns Iridium Communications stock?
Institutional investors own about 89.3% of Iridium Communications's shares, spread across 615 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 11.92% of IRDM.
The largest institutional holders are Blackrock Inc. (12.69%), AQR Capital Management, LLC (6.46%) and Vanguard Portfolio Management LLC (5.13%). Together, the top 10 institutions control 47.1% of shares outstanding. In their latest filings, 5 of the top 10 institutions increased their IRDM positions and 5 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of IRDM
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 13.45M | 12.69% | -3.5% |
| AQR Capital Management, LLC | 6.85M | 6.46% | +134.7% |
| Vanguard Portfolio Management LLC | 5.44M | 5.13% | -10.7% |
| American Century Companies Inc | 4.86M | 4.58% | +40.0% |
| State Street Corporation | 4.73M | 4.47% | -6.3% |
| Vanguard Capital Management LLC | 4.23M | 3.99% | +2.9% |
| Silver Heights Capital Management Inc. | 3.27M | 3.09% | -36.4% |
| Gotham Asset Management, LLC | 2.51M | 2.37% | -25.0% |
| Dimensional Fund Advisors LP | 2.36M | 2.22% | +9.2% |
| Van Eck Associates Corporation | 2.27M | 2.14% | +50.9% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of IRDM
| Fund | Shares | % Held |
|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 6.44M | 6.08% |
| American Century ETF Trust-Avantis U.S. Small Cap Value ETF | 3.86M | 3.64% |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 2.85M | 2.69% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.06M | 1.95% |
| Pacer Funds Trust-Pacer US Large Cap Cash Cows Growth Leaders ETF | 1.99M | 1.87% |
| Tema ETF Trust-Tema Space Innovators ETF | 1.32M | 1.25% |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 1.21M | 1.14% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Growth Index Fund | 1.19M | 1.12% |
| SPDR SERIES TRUST-State Street SPDR Portfolio S&P 600 Small Cap ETF | 995.30K | 0.94% |
| VANGUARD TAX-MANAGED FUNDS-Vanguard Tax-Managed Small-Cap Fund | 716.66K | 0.68% |
Frequently asked questions
Who is the largest shareholder of Iridium Communications?
Blackrock Inc. is the largest institutional shareholder of IRDM, owning 12.69% of shares outstanding (13.45M shares) as of its latest 13F filing.
What percentage of Iridium Communications is owned by institutions?
Institutions own about 89.3% of IRDM shares and 101.3% of the public float.
How much of Iridium Communications do insiders own?
Insiders, such as officers and directors, own about 11.92% of IRDM shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.