Iridium holder AQR reports 6.6% ownership stake
AQR Capital Management, LLC and AQR Capital Management Holdings, LLC report a significant position in Iridium Communications Inc. common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
AQR Capital Management, LLC and AQR Capital Management Holdings, LLC report a significant position in Iridium Communications Inc. common stock. The filing states beneficial ownership of 6,979,683 shares of Iridium’s $0.001 par value common stock, representing 6.60% of the class.
Both entities report no sole voting or dispositive power. They report shared voting power over 6,809,921 shares and shared dispositive power over 6,979,683 shares. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and the Schedule 13G is filed jointly on behalf of both.
Key Figures
Key Terms
beneficially owned financial
parent holding company or control person financial
Schedule 13G regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Iridium Communications Inc. (IRDM) does AQR report owning?
Who are the reporting persons on the Iridium (IRDM) Schedule 13G?
Where are AQR’s principal offices for this Iridium (IRDM) 13G filing located?
What type of Iridium (IRDM) security is covered in AQR’s Schedule 13G?
AI-generated analysis. How Rhea-AI works. Not financial advice.