Globalstar
GSAT
217 hedge funds and large institutions have $478M invested in Globalstar in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 63 increasing their positions, 46 reducing their positions, and 28 closing their positions.
165% more call options, than puts
Call options by funds: $9.1M | Put options by funds: $3.44M
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
37% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 46
14% more capital invested
Capital invested by funds: $418M → $478M (+$60.2M)
6% more funds holding
Funds holding: 205 → 217 (+12)
0.03% more ownership
Funds ownership: 1.33% → 1.35% (+0.03%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$4.62M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.13M |
| 3 |
BlackRock
New York
|
+$2.05M |
| 4 |
Millennium Management
New York
|
+$1.99M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.83M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$4.32M |
| 3 |
MCM
Mudrick Capital Management
New York
|
-$1.75M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.64M |
| 5 |
BMO
Beck Mack & Oliver
New York
|
-$1.19M |
GSAT Hedge Fund Activity: Q3 2024 in Review
217 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2024, worth a combined $478M — up 14% from $418M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new GSAT positions and 28 closed out — a net gain of 13 holders — while 63 added to existing stakes and 46 trimmed.
The largest buyer was Wolf Hill Capital Management, adding an estimated $4.62M. The largest seller was Royce & Associates, cutting an estimated $6.83M.
- 217 institutional investors held Globalstar (GSAT) as of Q3 2024, up from 205 in Q2 2024.
- Funds reported $478M of Globalstar stock for Q3 2024, up 14% quarter-over-quarter.
- 41 funds opened new Globalstar positions in Q3 2024 and 28 closed out, a net change of +13 holders.
- The largest Globalstar buyer in Q3 2024 was Wolf Hill Capital Management, an estimated $4.62M added.
- The largest Globalstar seller in Q3 2024 was Royce & Associates, an estimated $6.83M sold.
Based on aggregated 13F filings for Q3 2024.