Hudson Bay Capital Management’s Globalstar GSAT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-13,333	Closed	-$550K	–	142
2014 Q4	$550K	Sell	13,333 -412,421	-97%	-$17M	0.01%	104
2014 Q3	$23.4M	Buy	425,754 +69,809	+20%	+$3.83M	0.66%	24
2014 Q2	$22.7M	Buy	+355,945	New	+$22.7M	0.7%	23