Globalstar
GSAT
97 hedge funds and large institutions have $87.1M invested in Globalstar in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 31 reducing their positions, and 10 closing their positions.
2,753% more call options, than puts
Call options by funds: $542K | Put options by funds: $19K
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
4% more funds holding
Funds holding: 93 → 97 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.05% less ownership
Funds ownership: 1.19% → 1.13% (-0.05%)
10% less capital invested
Capital invested by funds: $97M → $87.1M (-$9.89M)
52% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$200K |
| 2 |
BMO
Beck Mack & Oliver
New York
|
+$143K |
| 3 |
UBS AM
Chicago,
Illinois
|
+$113K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$73.8K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$45.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Steelhead Partners
Seattle,
Washington
|
-$2.26M |
| 2 |
MCM
Mudrick Capital Management
New York
|
-$1.15M |
| 3 |
6CM
683 Capital Management
New York
|
-$703K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$298K |
| 5 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$128K |
GSAT Hedge Fund Activity: Q3 2020 in Review
97 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2020, worth a combined $87.1M — down 10% from $97M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GSAT positions and 10 closed out — a net gain of 4 holders — while 15 added to existing stakes and 31 trimmed.
The largest buyer was Paloma Partners, opening a new position worth an estimated $200K. The largest seller was Steelhead Partners, cutting an estimated $2.26M.
- 97 institutional investors held Globalstar (GSAT) as of Q3 2020, up from 93 in Q2 2020.
- Funds reported $87.1M of Globalstar stock for Q3 2020, down 10% quarter-over-quarter.
- 14 funds opened new Globalstar positions in Q3 2020 and 10 closed out, a net change of +4 holders.
- The largest Globalstar buyer in Q3 2020 was Paloma Partners, an estimated $200K added.
- The largest Globalstar seller in Q3 2020 was Steelhead Partners, an estimated $2.26M sold.
Based on aggregated 13F filings for Q3 2020.