Globalstar
GSAT
141 hedge funds and large institutions have $481M invested in Globalstar in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 20 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
2% more capital invested
Capital invested by funds: $470M → $481M (+$10.8M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0% less ownership
Funds ownership: 2.04% → 2.04% (-0%)
3% less funds holding
Funds holding: 145 → 141 (-4)
14% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $1.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$56.4M |
| 2 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
+$10.5M |
| 3 |
Goldman Sachs
New York
|
+$4.84M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.44M |
| 5 |
WAM
Warlander Asset Management
New York
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
-$7.37M |
| 2 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$4.74M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.75M |
| 4 |
CC
Caspian Capital
New York
|
-$3.08M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Tudor Investment Corp
Stamford,
Connecticut
| – | -$34K | -1,426 | Closed |
|
|
SLG
152
Stanley-Laman Group
Berwyn,
Pennsylvania
| – | -$32K | -1,335 | Closed |
|
|
HAG
153
HighPoint Advisor Group
Downers Grove,
Illinois
| – | -$27K | -1,279 | Closed |
|
|
BAM
154
Brave Asset Management
Summit,
New Jersey
| – | -$16K | -667 | Closed |
|
|
JIC
155
Joel Isaacson & Co
New York
| – | -$15K | -638 | Closed |
|
|
ST
156
Spot Trading
Chicago,
Illinois
| – | -$13K | -556 | Closed |
|
|
GWS
157
Glassman Wealth Services
Vienna,
Virginia
| – | -$2K | -67 | Closed |
|
GSAT Hedge Fund Activity: Q1 2017 in Review
141 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2017, worth a combined $481M — up 2.3% from $470M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GSAT positions and 20 closed out — a net gain of 3 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock, adding an estimated $56.4M. The largest seller was Columbia Pacific Advisors, cutting an estimated $7.37M.
- 141 institutional investors held Globalstar (GSAT) as of Q1 2017, down from 145 in Q4 2016.
- Funds reported $481M of Globalstar stock for Q1 2017, up 2.3% quarter-over-quarter.
- 23 funds opened new Globalstar positions in Q1 2017 and 20 closed out, a net change of +3 holders.
- The largest Globalstar buyer in Q1 2017 was BlackRock, an estimated $56.4M added.
- The largest Globalstar seller in Q1 2017 was Columbia Pacific Advisors, an estimated $7.37M sold.
Based on aggregated 13F filings for Q1 2017.