Globalstar
GSAT
147 hedge funds and large institutions have $640M invested in Globalstar in 2017 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 28 reducing their positions, and 21 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 28
33% more capital invested
Capital invested by funds: $481M → $640M (+$160M)
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
26% more call options, than puts
Call options by funds: $3.87M | Put options by funds: $3.08M
4% more funds holding
Funds holding: 141 → 147 (+6)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0% less ownership
Funds ownership: 2.04% → 2.04% (-0%)
Top Buyers
| 1 |
WAM
Warlander Asset Management
New York
|
+$5.02M |
| 2 |
MC
MIG Capital
Newport Beach,
California
|
+$4.23M |
| 3 |
SM
Scoggin Management
New York
|
+$4.22M |
| 4 |
JCI
Jet Capital Investors
New York
|
+$3.29M |
| 5 |
Goldman Sachs
New York
|
+$1.75M |
Top Sellers
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$12M |
| 2 |
CC
Caspian Capital
New York
|
-$3.68M |
| 3 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
-$3.26M |
| 4 |
BlackRock
New York
|
-$3.11M |
| 5 |
MGA
MatlinPatterson Global Advisers
New York
|
-$1.61M |
GSAT Hedge Fund Activity: Q2 2017 in Review
147 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q2 2017, worth a combined $640M — up 33% from $481M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GSAT positions and 21 closed out — a net gain of 6 holders — while 58 added to existing stakes and 28 trimmed.
The largest buyer was Warlander Asset Management, adding an estimated $5.02M. The largest seller was York Capital Management Global Advisors, cutting an estimated $12M.
- 147 institutional investors held Globalstar (GSAT) as of Q2 2017, up from 141 in Q1 2017.
- Funds reported $640M of Globalstar stock for Q2 2017, up 33% quarter-over-quarter.
- 27 funds opened new Globalstar positions in Q2 2017 and 21 closed out, a net change of +6 holders.
- The largest Globalstar buyer in Q2 2017 was Warlander Asset Management, an estimated $5.02M added.
- The largest Globalstar seller in Q2 2017 was York Capital Management Global Advisors, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2017.