We are live on ! Find out more
GSAT icon

Globalstar

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.

New
Increased
Maintained
Reduced
Closed

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: 213219 (+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: 43 (-1)

Holders
219
Holders Change
+6
Holders Change %
+2.82%
% of All Funds
3.15%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
33
Increased
70
Reduced
51
Closed
24
Calls
$11.8M
Puts
$2.54M
Net Calls
+$9.26M
Net Calls Change
-$18M
Name Holding Trade Value Shares
Change
Change in
Stake
Mariner
176
Mariner
Kansas
$16.4K -$16.2K -667 -47%
IWC
177
Integrated Wealth Concepts
Massachusetts
$16.1K -$2.25K -93 -11%
CIA
178
Capital Investment Advisors
Georgia
$15.6K +$969 +40 +6%
CG
179
Caprock Group
Idaho
$14.7K
GIA
180
Gladstone Institutional Advisory
Florida
$14.7K
GAG
181
GM Advisory Group
New York
$14.7K
IFWM
182
Institute for Wealth Management
Colorado
$14.7K
AF
183
Allworth Financial
California
$11.5K +$12.2K +504 +2,653%
HPC
184
HM Payson & Co
Maine
$11.5K +$169 +7 +1%
Russell Investments Group
185
Russell Investments Group
United Kingdom
$10.3K
CG
186
Cutler Group
California
$9K -$14.5K -598 -58%
NA
187
NewEdge Advisors
Louisiana
$7.94K +$654 +27 +8%
National Bank of Canada
188
National Bank of Canada
Quebec, Canada
$7.56K
GWP
189
Gen-Wealth Partners
Michigan
$7.35K +$8.06K +333 New
S
190
SignatureFD
Georgia
$6.69K
Carson Wealth (CWM LLC)
191
Carson Wealth (CWM LLC)
Nebraska
$5K +$4.92K +203 +1,562%
AF
192
Advisornet Financial
Minnesota
$4.41K
IGWM
193
ICA Group Wealth Management
Colorado
$4.41K
FMTCOCP
194
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$4K
ACA
195
American Capital Advisory
Idaho
$3.48K
SWM
196
Spire Wealth Management
Virginia
$2.94K
CIBC Private Wealth Group
197
CIBC Private Wealth Group
Georgia
$2.66K +$3.17K +131 New
LFG
198
Larson Financial Group
Missouri
$1.74K
Nisa Investment Advisors
199
Nisa Investment Advisors
Missouri
$1.37K +$605 +25 +68%
IA
200
IFP Advisors
Florida
$1.32K

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.