Globalstar
GSAT
102 hedge funds and large institutions have $94.7M invested in Globalstar in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 12 closing their positions.
2,687% more call options, than puts
Call options by funds: $418K | Put options by funds: $15K
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
9% more capital invested
Capital invested by funds: $87.1M → $94.7M (+$7.57M)
5% more funds holding
Funds holding: 97 → 102 (+5)
0.02% less ownership
Funds ownership: 1.13% → 1.11% (-0.02%)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$759K |
| 2 |
Renaissance Technologies
New York
|
+$520K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$409K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$169K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$387K |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$342K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$179K |
| 4 |
SP
Steelhead Partners
Seattle,
Washington
|
-$161K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$151K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
101
Hanlon Investment Management
Egg Harbor Township,
New Jersey
| – | -$5K | -1,000 | Closed |
|
102
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -600 | Closed |
|
|
ETC
103
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$1K | -270 | Closed |
|
|
MFT
104
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | +$15 | +3 | New |
|
|
FA
105
Financial Avengers
Oakland,
California
| – | +$19 | +4 | New |
|
106
US Bancorp
Minneapolis,
Minnesota
| – | +$29 | +6 | New |
|
GSAT Hedge Fund Activity: Q4 2020 in Review
102 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q4 2020, worth a combined $94.7M — up 8.7% from $87.1M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GSAT positions and 12 closed out — a net gain of 8 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was Legion Partners Asset Management, adding an estimated $759K. The largest seller was HighTower Advisors, cutting an estimated $387K.
- 102 institutional investors held Globalstar (GSAT) as of Q4 2020, up from 97 in Q3 2020.
- Funds reported $94.7M of Globalstar stock for Q4 2020, up 8.7% quarter-over-quarter.
- 20 funds opened new Globalstar positions in Q4 2020 and 12 closed out, a net change of +8 holders.
- The largest Globalstar buyer in Q4 2020 was Legion Partners Asset Management, an estimated $759K added.
- The largest Globalstar seller in Q4 2020 was HighTower Advisors, an estimated $387K sold.
Based on aggregated 13F filings for Q4 2020.