Globalstar
GSAT
205 hedge funds and large institutions have $418M invested in Globalstar in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 65 increasing their positions, 53 reducing their positions, and 32 closing their positions.
403% more call options, than puts
Call options by funds: $9.16M | Put options by funds: $1.82M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
23% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 53
0.03% more ownership
Funds ownership: 1.3% → 1.33% (+0.03%)
6% less funds holding
Funds holding: 219 → 205 (-14)
22% less capital invested
Capital invested by funds: $535M → $418M (-$117M)
31% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 32
Top Buyers
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$6.82M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$5.44M |
| 3 |
BlackRock
New York
|
+$1.32M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$1.09M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$823K |
Top Sellers
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.16M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.77M |
| 3 |
PM
Plustick Management
Charlottesville,
Virginia
|
-$1.15M |
| 4 |
JP Morgan Chase
New York
|
-$901K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$820K |
GSAT Hedge Fund Activity: Q2 2024 in Review
205 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q2 2024, worth a combined $418M — down 22% from $535M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GSAT and 22 opened new positions — a net loss of 10 holders — while 53 trimmed existing stakes and 65 added.
The largest buyer was Anson Funds Management, adding an estimated $6.82M. The largest seller was Nuveen, cutting an estimated $2.16M.
- 205 institutional investors held Globalstar (GSAT) as of Q2 2024, down from 219 in Q1 2024.
- Funds reported $418M of Globalstar stock for Q2 2024, down 22% quarter-over-quarter.
- 22 funds opened new Globalstar positions in Q2 2024 and 32 closed out, a net change of -10 holders.
- The largest Globalstar buyer in Q2 2024 was Anson Funds Management, an estimated $6.82M added.
- The largest Globalstar seller in Q2 2024 was Nuveen, an estimated $2.16M sold.
Based on aggregated 13F filings for Q2 2024.