Globalstar
GSAT
124 hedge funds and large institutions have $205M invested in Globalstar in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 37 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.21% less ownership
Funds ownership: 2.41% → 2.2% (-0.21%)
10% less call options, than puts
Call options by funds: $89K | Put options by funds: $99K
10% less funds holding
Funds holding: 138 → 124 (-14)
11% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 37
35% less capital invested
Capital invested by funds: $314M → $205M (-$110M)
38% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
+$3.62M |
| 2 |
Goldman Sachs
New York
|
+$3.48M |
| 3 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$2.39M |
| 4 |
Millennium Management
New York
|
+$2.13M |
| 5 |
WAM
Warlander Asset Management
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.9M |
| 2 |
State Street
Boston,
Massachusetts
|
-$6.13M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.68M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.32M |
| 5 |
YCMGA
York Capital Management Global Advisors
New York
|
-$4.06M |
GSAT Hedge Fund Activity: Q2 2018 in Review
124 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q2 2018, worth a combined $205M — down 35% from $314M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of GSAT and 21 opened new positions — a net loss of 13 holders — while 37 trimmed existing stakes and 33 added.
The largest buyer was Columbia Pacific Advisors, adding an estimated $3.62M. The largest seller was BlackRock, cutting an estimated $12.9M.
- 124 institutional investors held Globalstar (GSAT) as of Q2 2018, down from 138 in Q1 2018.
- Funds reported $205M of Globalstar stock for Q2 2018, down 35% quarter-over-quarter.
- 21 funds opened new Globalstar positions in Q2 2018 and 34 closed out, a net change of -13 holders.
- The largest Globalstar buyer in Q2 2018 was Columbia Pacific Advisors, an estimated $3.62M added.
- The largest Globalstar seller in Q2 2018 was BlackRock, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2018.