Globalstar
GSAT
145 hedge funds and large institutions have $470M invested in Globalstar in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 37 increasing their positions, 47 reducing their positions, and 19 closing their positions.
166% more call options, than puts
Call options by funds: $6.57M | Put options by funds: $2.47M
44% more capital invested
Capital invested by funds: $327M → $470M (+$143M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
4% more funds holding
Funds holding: 140 → 145 (+5)
0.12% more ownership
Funds ownership: 1.92% → 2.04% (+0.12%)
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
+$6.71M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.67M |
| 3 |
MCM
Mason Capital Management
New York
|
+$4.06M |
| 4 |
Morgan Stanley
New York
|
+$2.48M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
-$6.35M |
| 2 |
BTP
Bloom Tree Partners
New York
|
-$2.69M |
| 3 |
GL
Governors Lane
New York
|
-$2.59M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.34M |
| 5 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$1.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
HighTower Advisors
Chicago,
Illinois
| – | -$35K | -1,931 | Closed |
|
|
CI
152
Cowen Inc
New York
| – | -$30K | -1,667 | Closed |
|
|
EEG
153
E.E. Geduld
| – | -$30K | -1,667 | Closed |
|
154
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$25K | -1,384 | Closed |
|
|
KPF
155
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$20K | -1,124 | Closed |
|
|
LCS
156
Levin Capital Strategies
New York
| – | -$18 | -1,000 | Closed |
|
157
Jane Street
New York
| – | -$12.6K | -806 | Closed |
|
|
FIM
158
Frontier Investment Management
Dallas,
Texas
| – | -$145K | -800 | Closed |
|
|
ID
159
Integral Derivatives
New York
| – | -$12K | -687 | Closed |
|
|
VC
160
Vicus Capital
State College,
Pennsylvania
| – | -$12K | -671 | Closed |
|
|
AG
161
Advisor Group
Phoenix,
Arizona
| – | -$1.05K | -67 | -94% |
|
|
JFA
162
JNBA Financial Advisors
Bloomington,
Minnesota
| – | +$47 | +3 | New |
|
GSAT Hedge Fund Activity: Q4 2016 in Review
145 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q4 2016, worth a combined $470M — up 44% from $327M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new GSAT positions and 19 closed out — a net gain of 6 holders — while 37 added to existing stakes and 47 trimmed.
The largest buyer was Columbia Pacific Advisors, adding an estimated $6.71M. The largest seller was Jet Capital Investors, exiting entirely with an estimated $6.35M sold.
- 145 institutional investors held Globalstar (GSAT) as of Q4 2016, up from 140 in Q3 2016.
- Funds reported $470M of Globalstar stock for Q4 2016, up 44% quarter-over-quarter.
- 25 funds opened new Globalstar positions in Q4 2016 and 19 closed out, a net change of +6 holders.
- The largest Globalstar buyer in Q4 2016 was Columbia Pacific Advisors, an estimated $6.71M added.
- The largest Globalstar seller in Q4 2016 was Jet Capital Investors, an estimated $6.35M sold.
Based on aggregated 13F filings for Q4 2016.