Globalstar
GSAT
219 hedge funds and large institutions have $535M invested in Globalstar in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 70 increasing their positions, 51 reducing their positions, and 24 closing their positions.
365% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $2.54M
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
37% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 51
3% more funds holding
Funds holding: 213 → 219 (+6)
0.01% more ownership
Funds ownership: 1.28% → 1.3% (+0.01%)
24% less capital invested
Capital invested by funds: $700M → $535M (-$165M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
Top Sellers
| 1 |
MCM
Mudrick Capital Management
New York
|
-$14.6M |
| 2 |
Morgan Stanley
New York
|
-$6.25M |
| 3 |
HAM
Honeycomb Asset Management
New York
|
-$3.59M |
| 4 |
LWCA
Locust Wood Capital Advisers
New York
|
-$2.77M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$2.21M |
GSAT Hedge Fund Activity: Q1 2024 in Review
219 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2024, worth a combined $535M — down 24% from $700M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GSAT positions and 24 closed out — a net gain of 9 holders — while 70 added to existing stakes and 51 trimmed.
The largest buyer was Ashford Capital Management, adding an estimated $10.7M. The largest seller was Mudrick Capital Management, cutting an estimated $14.6M.
- 219 institutional investors held Globalstar (GSAT) as of Q1 2024, up from 213 in Q4 2023.
- Funds reported $535M of Globalstar stock for Q1 2024, down 24% quarter-over-quarter.
- 33 funds opened new Globalstar positions in Q1 2024 and 24 closed out, a net change of +9 holders.
- The largest Globalstar buyer in Q1 2024 was Ashford Capital Management, an estimated $10.7M added.
- The largest Globalstar seller in Q1 2024 was Mudrick Capital Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2024.