Globalstar
GSAT
100 hedge funds and large institutions have $93.4M invested in Globalstar in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
4% more funds holding
Funds holding: 96 → 100 (+4)
0.19% less ownership
Funds ownership: 1.46% → 1.27% (-0.19%)
43% less capital invested
Capital invested by funds: $165M → $93.4M (-$71.2M)
Top Buyers
| 1 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$1.35M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$363K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$194K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$173K |
| 5 |
BlackRock
New York
|
+$87.8K |
Top Sellers
| 1 |
MCM
Mason Capital Management
New York
|
-$909K |
| 2 |
MCM
Mudrick Capital Management
New York
|
-$711K |
| 3 |
CC
Caspian Capital
New York
|
-$277K |
| 4 |
Millennium Management
New York
|
-$164K |
| 5 |
HF
HRT Financial
New York
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Barclays
London,
United Kingdom
| – | -$1K | -155 | Closed |
|
|
CAN
102
Claraphi Advisory Network
Aliso Viejo,
United States
| – | +$13 | +2 | New |
|
103
JP Morgan Chase
New York
| – | +$26 | +4 | New |
|
|
LWM
104
Liberty Wealth Management
Oakland,
California
| – | +$52 | +8 | New |
|
GSAT Hedge Fund Activity: Q1 2020 in Review
100 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2020, worth a combined $93.4M — down 43% from $165M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GSAT positions and 10 closed out — a net gain of 7 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was New Generation Advisors, adding an estimated $1.35M. The largest seller was Mason Capital Management, cutting an estimated $909K.
- 100 institutional investors held Globalstar (GSAT) as of Q1 2020, up from 96 in Q4 2019.
- Funds reported $93.4M of Globalstar stock for Q1 2020, down 43% quarter-over-quarter.
- 17 funds opened new Globalstar positions in Q1 2020 and 10 closed out, a net change of +7 holders.
- The largest Globalstar buyer in Q1 2020 was New Generation Advisors, an estimated $1.35M added.
- The largest Globalstar seller in Q1 2020 was Mason Capital Management, an estimated $909K sold.
Based on aggregated 13F filings for Q1 2020.