Globalstar
GSAT
168 hedge funds and large institutions have $532M invested in Globalstar in 2021 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 18 closing their positions.
900% more call options, than puts
Call options by funds: $45.8M | Put options by funds: $4.58M
122% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 18
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
14% more funds holding
Funds holding: 147 → 168 (+21)
0.04% more ownership
Funds ownership: 1.14% → 1.18% (+0.04%)
3% less capital invested
Capital invested by funds: $546M → $532M (-$13.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.3M |
| 2 |
Renaissance Technologies
New York
|
+$8.77M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.96M |
| 4 |
Goldman Sachs
New York
|
+$4.73M |
| 5 |
HF
HRT Financial
New York
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
-$17.4M |
| 2 |
MC
MIG Capital
Newport Beach,
California
|
-$9.71M |
| 3 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$4.91M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$2.57M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.49M |
GSAT Hedge Fund Activity: Q3 2021 in Review
168 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2021, worth a combined $532M — down 2.5% from $546M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new GSAT positions and 18 closed out — a net gain of 22 holders — while 55 added to existing stakes and 43 trimmed.
The largest buyer was Vanguard Group, adding an estimated $21.3M. The largest seller was Mudrick Capital Management, cutting an estimated $17.4M.
- 168 institutional investors held Globalstar (GSAT) as of Q3 2021, up from 147 in Q2 2021.
- Funds reported $532M of Globalstar stock for Q3 2021, down 2.5% quarter-over-quarter.
- 40 funds opened new Globalstar positions in Q3 2021 and 18 closed out, a net change of +22 holders.
- The largest Globalstar buyer in Q3 2021 was Vanguard Group, an estimated $21.3M added.
- The largest Globalstar seller in Q3 2021 was Mudrick Capital Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q3 2021.