Globalstar
GSAT
177 hedge funds and large institutions have $402M invested in Globalstar in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 19 closing their positions.
180% more call options, than puts
Call options by funds: $5.34M | Put options by funds: $1.91M
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
1% more funds holding
Funds holding: 175 → 177 (+2)
0% more ownership
Funds ownership: 1.21% → 1.21% (+0%)
16% less capital invested
Capital invested by funds: $477M → $402M (-$75.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.12M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$2.03M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.89M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.28M |
| 5 |
BMO
Beck Mack & Oliver
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
-$2.98M |
| 2 |
HF
HRT Financial
New York
|
-$2.77M |
| 3 |
CC
Caspian Capital
New York
|
-$2.07M |
| 4 |
Renaissance Technologies
New York
|
-$1.35M |
| 5 |
Millennium Management
New York
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
KBC Group
Brussels,
Belgium
| – | -$107K | -4,842 | Closed |
|
177
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$84.5K | -4,554 | -100% |
|
|
EWA
178
EP Wealth Advisors
Torrance,
California
| – | -$60K | -2,703 | Closed |
|
|
KWM
179
Keebeck Wealth Management
Chicago,
Illinois
| – | -$37K | -1,667 | Closed |
|
180
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$31K | -1,403 | Closed |
|
|
GC
181
Guggenheim Capital
Chicago,
Illinois
| – | -$24K | -1,111 | Closed |
|
|
GSAM
182
Grant Street Asset Management
Canonsburg,
Pennsylvania
| – | -$22K | -1,000 | Closed |
|
|
PFS
183
Prospera Financial Services
Dallas,
Texas
| – | -$10K | -467 | Closed |
|
|
SPIA
184
Steward Partners Investment Advisory
New York
| – | -$10K | -460 | Closed |
|
|
SC
185
Shay Capital
New York
| – | -$7K | -333 | Closed |
|
|
C
186
Covestor
London,
United Kingdom
| – | -$74 | -4 | -19% |
|
|
CA
187
CoreCap Advisors
Southfield,
Michigan
| – | +$56 | +3 | New |
|
|
HNB
188
Huntington National Bank
Columbus,
Ohio
| – | +$56 | +3 | New |
|
|
BWM
189
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | +$371 | +20 | New |
|
GSAT Hedge Fund Activity: Q2 2022 in Review
177 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q2 2022, worth a combined $402M — down 16% from $477M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GSAT positions and 19 closed out — a net gain of 5 holders — while 53 added to existing stakes and 46 trimmed.
The largest buyer was BlackRock, adding an estimated $5.12M. The largest seller was Mudrick Capital Management, cutting an estimated $2.98M.
- 177 institutional investors held Globalstar (GSAT) as of Q2 2022, up from 175 in Q1 2022.
- Funds reported $402M of Globalstar stock for Q2 2022, down 16% quarter-over-quarter.
- 24 funds opened new Globalstar positions in Q2 2022 and 19 closed out, a net change of +5 holders.
- The largest Globalstar buyer in Q2 2022 was BlackRock, an estimated $5.12M added.
- The largest Globalstar seller in Q2 2022 was Mudrick Capital Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q2 2022.