Globalstar
GSAT
132 hedge funds and large institutions have $1.15B invested in Globalstar in 2014 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
4,000% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 3
1,362% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $97K
1,000% more funds holding
Funds holding: 12 → 132 (+120)
579% more capital invested
Capital invested by funds: $169M → $1.15B (+$980M)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
2.72% more ownership
Funds ownership: 0% → 2.72% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Steelhead Partners
Seattle,
Washington
|
+$111M |
| 2 |
YCMGA
York Capital Management Global Advisors
New York
|
+$97.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$72.9M |
| 4 |
LM
Litespeed Management
New York
|
+$58.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
-$10.4M |
| 2 |
BMO
Beck Mack & Oliver
New York
|
-$652K |
| 3 |
WJA
Williams Jones & Associates
New York
|
-$69K |
| 4 |
BC
Burney Company
Reston,
Virginia
|
-$52K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$27K |
GSAT Hedge Fund Activity: Q2 2014 in Review
132 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q2 2014, worth a combined $1.15B — up 579% from $169M a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new GSAT positions and 3 closed out — a net gain of 120 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Steelhead Partners, opening a new position worth an estimated $111M. The largest seller was Jet Capital Investors, cutting an estimated $10.4M.
- 132 institutional investors held Globalstar (GSAT) as of Q2 2014, up from 12 in Q1 2014.
- Funds reported $1.15B of Globalstar stock for Q2 2014, up 579% quarter-over-quarter.
- 123 funds opened new Globalstar positions in Q2 2014 and 3 closed out, a net change of +120 holders.
- The largest Globalstar buyer in Q2 2014 was Steelhead Partners, an estimated $111M added.
- The largest Globalstar seller in Q2 2014 was Jet Capital Investors, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2014.