Globalstar
GSAT
201 hedge funds and large institutions have $409M invested in Globalstar in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 53 reducing their positions, and 18 closing their positions.
791% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $1.68M
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more capital invested
Capital invested by funds: $333M → $409M (+$75.5M)
19% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 53
8% more funds holding
Funds holding: 186 → 201 (+15)
0.03% less ownership
Funds ownership: 1.14% → 1.11% (-0.03%)
Top Buyers
| 1 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$5.98M |
| 2 |
SoftBank Group
Tokyo,
Japan
|
+$5.76M |
| 3 |
JP Morgan Chase
New York
|
+$3.83M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$2.56M |
| 5 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
+$2.47M |
Top Sellers
| 1 |
MCM
Mudrick Capital Management
New York
|
-$11.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.24M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.37M |
| 4 |
Goldman Sachs
New York
|
-$1.28M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.21M |
GSAT Hedge Fund Activity: Q3 2023 in Review
201 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2023, worth a combined $409M — up 23% from $333M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GSAT positions and 18 closed out — a net gain of 18 holders — while 63 added to existing stakes and 53 trimmed.
The largest buyer was Legion Partners Asset Management, adding an estimated $5.98M. The largest seller was Mudrick Capital Management, cutting an estimated $11.8M.
- 201 institutional investors held Globalstar (GSAT) as of Q3 2023, up from 186 in Q2 2023.
- Funds reported $409M of Globalstar stock for Q3 2023, up 23% quarter-over-quarter.
- 36 funds opened new Globalstar positions in Q3 2023 and 18 closed out, a net change of +18 holders.
- The largest Globalstar buyer in Q3 2023 was Legion Partners Asset Management, an estimated $5.98M added.
- The largest Globalstar seller in Q3 2023 was Mudrick Capital Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2023.