Globalstar
GSAT
9 hedge funds and large institutions have $50.4M invested in Globalstar in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
121% more capital invested
Capital invested by funds: $22.8M → $50.4M (+$27.5M)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
13% more funds holding
Funds holding: 8 → 9 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
+$4.07M |
| 2 |
BMO
Beck Mack & Oliver
New York
|
+$965K |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$172K |
| 4 |
ACM
Advent Capital Management
New York
|
+$33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$126K |
| 2 |
GA
Geneva Advisors
Chicago,
Illinois
|
-$6K |
GSAT Hedge Fund Activity: Q3 2013 in Review
9 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2013, worth a combined $50.4M — up 121% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GSAT positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Jet Capital Investors, opening a new position worth an estimated $4.07M. The largest seller was Ameriprise, cutting an estimated $126K.
- 9 institutional investors held Globalstar (GSAT) as of Q3 2013, up from 8 in Q2 2013.
- Funds reported $50.4M of Globalstar stock for Q3 2013, up 121% quarter-over-quarter.
- 2 funds opened new Globalstar positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest Globalstar buyer in Q3 2013 was Jet Capital Investors, an estimated $4.07M added.
- The largest Globalstar seller in Q3 2013 was Ameriprise, an estimated $126K sold.
Based on aggregated 13F filings for Q3 2013.