Globalstar
GSAT
130 hedge funds and large institutions have $327M invested in Globalstar in 2021 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 19 closing their positions.
1,485% more call options, than puts
Call options by funds: $64.1M | Put options by funds: $4.05M
246% more capital invested
Capital invested by funds: $94.7M → $327M (+$233M)
153% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 19
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
27% more funds holding
Funds holding: 102 → 130 (+28)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.15% less ownership
Funds ownership: 1.11% → 0.96% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.26M |
| 2 |
Millennium Management
New York
|
+$4.33M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.34M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.87M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$14.5M |
| 2 |
SP
Steelhead Partners
Seattle,
Washington
|
-$8.45M |
| 3 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$7.43M |
| 4 |
MCM
Mudrick Capital Management
New York
|
-$3.75M |
| 5 |
AGM
Alpine Global Management
New York
|
-$1.67M |
GSAT Hedge Fund Activity: Q1 2021 in Review
130 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2021, worth a combined $327M — up 246% from $94.7M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new GSAT positions and 19 closed out — a net gain of 29 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.26M. The largest seller was 683 Capital Management, cutting an estimated $14.5M.
- 130 institutional investors held Globalstar (GSAT) as of Q1 2021, up from 102 in Q4 2020.
- Funds reported $327M of Globalstar stock for Q1 2021, up 246% quarter-over-quarter.
- 48 funds opened new Globalstar positions in Q1 2021 and 19 closed out, a net change of +29 holders.
- The largest Globalstar buyer in Q1 2021 was Morgan Stanley, an estimated $5.26M added.
- The largest Globalstar seller in Q1 2021 was 683 Capital Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2021.