Globalstar
GSAT
127 hedge funds and large institutions have $437M invested in Globalstar in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 8 closing their positions.
133% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $1.27M
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2% more funds holding
Funds holding: 125 → 127 (+2)
0.04% less ownership
Funds ownership: 2.28% → 2.24% (-0.04%)
10% less capital invested
Capital invested by funds: $485M → $437M (-$47.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.68M |
| 2 |
VAM
Visium Asset Management
New York
|
+$3.08M |
| 3 |
D.E. Shaw & Co
New York
|
+$2.28M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.27M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$16.6M |
| 2 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
-$10.9M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$3.94M |
| 4 |
SP
Steelhead Partners
Seattle,
Washington
|
-$2.69M |
| 5 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$737K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
126
Nuveen
Charlotte,
North Carolina
| $49 | -$2.51K | -91 | -4% |
|
|
RCM
127
Riverloft Capital Management
Miami Beach,
Florida
| – | -$612K | -26,000 | Closed |
|
|
HIP
128
Hatteras Investment Partners
Raleigh,
North Carolina
| – | -$186K | -7,886 | Closed |
|
129
Parallax Volatility Advisers
San Francisco,
California
| – | -$46K | -1,953 | Closed |
|
|
UCFA
130
United Capital Financial Advisors
Irving,
Texas
| – | -$26K | -1,114 | Closed |
|
|
BFM
131
Boothbay Fund Management
New York
| – | -$25K | -1,053 | Closed |
|
132
Two Sigma Investments
New York
| – | -$23K | -997 | Closed |
|
|
RCM
133
Rotella Capital Management
Bellevue,
Washington
| – | -$18K | -754 | Closed |
|
134
Barclays
London,
United Kingdom
| – | -$8.98K | -326 | Closed |
|
GSAT Hedge Fund Activity: Q4 2015 in Review
127 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q4 2015, worth a combined $437M — down 9.9% from $485M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GSAT positions and 8 closed out — a net gain of 3 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $5.68M. The largest seller was York Capital Management Global Advisors, cutting an estimated $16.6M.
- 127 institutional investors held Globalstar (GSAT) as of Q4 2015, up from 125 in Q3 2015.
- Funds reported $437M of Globalstar stock for Q4 2015, down 9.9% quarter-over-quarter.
- 11 funds opened new Globalstar positions in Q4 2015 and 8 closed out, a net change of +3 holders.
- The largest Globalstar buyer in Q4 2015 was BlackRock Fund Advisors, an estimated $5.68M added.
- The largest Globalstar seller in Q4 2015 was York Capital Management Global Advisors, an estimated $16.6M sold.
Based on aggregated 13F filings for Q4 2015.