Globalstar
GSAT
141 hedge funds and large institutions have $1.08B invested in Globalstar in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 38 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
45% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 38
7% more funds holding
Funds holding: 132 → 141 (+9)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.2% less ownership
Funds ownership: 2.72% → 2.52% (-0.2%)
6% less capital invested
Capital invested by funds: $1.15B → $1.08B (-$72M)
44% less call options, than puts
Call options by funds: $7.99M | Put options by funds: $14.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$16.9M |
| 2 |
PCM
Panning Capital Management
New York
|
+$16.2M |
| 3 |
JCI
Jet Capital Investors
New York
|
+$16.1M |
| 4 |
SA
Smithwood Advisers
Los Angeles,
California
|
+$15.9M |
| 5 |
SM
Scoggin Management
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Steelhead Partners
Seattle,
Washington
|
-$6.96M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$6.56M |
| 3 |
TCM
TCS Capital Management
New York
|
-$6.23M |
| 4 |
Lazard Asset Management
New York
|
-$4.88M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.44M |
GSAT Hedge Fund Activity: Q3 2014 in Review
141 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2014, worth a combined $1.08B — down 6.3% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new GSAT positions and 16 closed out — a net gain of 10 holders — while 55 added to existing stakes and 38 trimmed.
The largest buyer was York Capital Management Global Advisors, adding an estimated $16.9M. The largest seller was Steelhead Partners, cutting an estimated $6.96M.
- 141 institutional investors held Globalstar (GSAT) as of Q3 2014, up from 132 in Q2 2014.
- Funds reported $1.08B of Globalstar stock for Q3 2014, down 6.3% quarter-over-quarter.
- 26 funds opened new Globalstar positions in Q3 2014 and 16 closed out, a net change of +10 holders.
- The largest Globalstar buyer in Q3 2014 was York Capital Management Global Advisors, an estimated $16.9M added.
- The largest Globalstar seller in Q3 2014 was Steelhead Partners, an estimated $6.96M sold.
Based on aggregated 13F filings for Q3 2014.