Globalstar
GSAT
156 hedge funds and large institutions have $594M invested in Globalstar in 2017 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 33 reducing their positions, and 17 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 33
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
17% more capital invested
Capital invested by funds: $508M → $594M (+$86M)
8% more funds holding
Funds holding: 144 → 156 (+12)
0.38% more ownership
Funds ownership: 2.02% → 2.4% (+0.38%)
17% less call options, than puts
Call options by funds: $698K | Put options by funds: $838K
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.8M |
| 2 |
FS
Feinberg Stephen
|
+$10.2M |
| 3 |
BlackRock
New York
|
+$9.51M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
+$7.03M |
| 5 |
Millennium Management
New York
|
+$6.59M |
Top Sellers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.49M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.35M |
| 3 |
SRCM
Swift Run Capital Management
Charlottesville,
Virginia
|
-$1.06M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.04M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$807K |
GSAT Hedge Fund Activity: Q4 2017 in Review
156 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q4 2017, worth a combined $594M — up 17% from $508M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new GSAT positions and 17 closed out — a net gain of 14 holders — while 66 added to existing stakes and 33 trimmed.
The largest buyer was Vanguard Group, adding an estimated $11.8M. The largest seller was First Trust Advisors, exiting entirely with an estimated $1.49M sold.
- 156 institutional investors held Globalstar (GSAT) as of Q4 2017, up from 144 in Q3 2017.
- Funds reported $594M of Globalstar stock for Q4 2017, up 17% quarter-over-quarter.
- 31 funds opened new Globalstar positions in Q4 2017 and 17 closed out, a net change of +14 holders.
- The largest Globalstar buyer in Q4 2017 was Vanguard Group, an estimated $11.8M added.
- The largest Globalstar seller in Q4 2017 was First Trust Advisors, an estimated $1.49M sold.
Based on aggregated 13F filings for Q4 2017.