Globalstar
GSAT
138 hedge funds and large institutions have $314M invested in Globalstar in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 41 reducing their positions, and 31 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 41
0.01% more ownership
Funds ownership: 2.4% → 2.41% (+0.01%)
12% less funds holding
Funds holding: 156 → 138 (-18)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
46% less call options, than puts
Call options by funds: $64K | Put options by funds: $119K
47% less capital invested
Capital invested by funds: $594M → $314M (-$280M)
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.2M |
| 2 |
FCM
Farmstead Capital Management
Ridgewood,
New Jersey
|
+$2.53M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
SG Americas Securities
New York
|
+$2.23M |
| 5 |
FS
Feinberg Stephen
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.5M |
| 2 |
MCM
Mudrick Capital Management
New York
|
-$4.22M |
| 3 |
NCM
Numina Capital Management
New York
|
-$3.56M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.88M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$2.58M |
GSAT Hedge Fund Activity: Q1 2018 in Review
138 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2018, worth a combined $314M — down 47% from $594M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GSAT and 14 opened new positions — a net loss of 17 holders — while 41 trimmed existing stakes and 46 added.
The largest buyer was Vanguard Group, adding an estimated $10.2M. The largest seller was BlackRock, cutting an estimated $6.5M.
- 138 institutional investors held Globalstar (GSAT) as of Q1 2018, down from 156 in Q4 2017.
- Funds reported $314M of Globalstar stock for Q1 2018, down 47% quarter-over-quarter.
- 14 funds opened new Globalstar positions in Q1 2018 and 31 closed out, a net change of -17 holders.
- The largest Globalstar buyer in Q1 2018 was Vanguard Group, an estimated $10.2M added.
- The largest Globalstar seller in Q1 2018 was BlackRock, an estimated $6.5M sold.
Based on aggregated 13F filings for Q1 2018.