Globalstar
GSAT
12 hedge funds and large institutions have $169M invested in Globalstar in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
75% more capital invested
Capital invested by funds: $97M → $169M (+$72.3M)
33% more funds holding
Funds holding: 9 → 12 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
+$12.7M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$5.7M |
| 3 |
TCM
TCS Capital Management
New York
|
+$3.74M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$480K |
| 5 |
OCM
Orleans Capital Management
Mandeville,
Louisiana
|
+$37.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMO
Beck Mack & Oliver
New York
|
-$117K |
| 2 |
EEG
E.E. Geduld
|
-$106K |
| 3 |
GA
Geneva Advisors
Chicago,
Illinois
|
-$22K |
GSAT Hedge Fund Activity: Q1 2014 in Review
12 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2014, worth a combined $169M — up 75% from $97M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GSAT positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Jet Capital Investors, adding an estimated $12.7M. The largest seller was Beck Mack & Oliver, cutting an estimated $117K.
- 12 institutional investors held Globalstar (GSAT) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $169M of Globalstar stock for Q1 2014, up 75% quarter-over-quarter.
- 4 funds opened new Globalstar positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest Globalstar buyer in Q1 2014 was Jet Capital Investors, an estimated $12.7M added.
- The largest Globalstar seller in Q1 2014 was Beck Mack & Oliver, an estimated $117K sold.
Based on aggregated 13F filings for Q1 2014.