Globalstar
GSAT
114 hedge funds and large institutions have $252M invested in Globalstar in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 14 closing their positions.
531% more call options, than puts
Call options by funds: $467K | Put options by funds: $74K
25% more capital invested
Capital invested by funds: $202M → $252M (+$49.9M)
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
1% more funds holding
Funds holding: 113 → 114 (+1)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.29% less ownership
Funds ownership: 2.11% → 1.83% (-0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
+$11.7M |
| 2 |
6CM
683 Capital Management
New York
|
+$4.83M |
| 3 |
WAM
Warlander Asset Management
New York
|
+$2.98M |
| 4 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
+$969K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.88M |
| 2 |
FCM
Farmstead Capital Management
Ridgewood,
New Jersey
|
-$3.23M |
| 3 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$3M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
-$2.54M |
| 5 |
FS
Feinberg Stephen
|
-$2.39M |
GSAT Hedge Fund Activity: Q4 2018 in Review
114 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q4 2018, worth a combined $252M — up 25% from $202M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GSAT positions and 14 closed out — a net gain of 2 holders — while 30 added to existing stakes and 29 trimmed.
The largest buyer was Mudrick Capital Management, adding an estimated $11.7M. The largest seller was Vanguard Group, cutting an estimated $4.88M.
- 114 institutional investors held Globalstar (GSAT) as of Q4 2018, up from 113 in Q3 2018.
- Funds reported $252M of Globalstar stock for Q4 2018, up 25% quarter-over-quarter.
- 16 funds opened new Globalstar positions in Q4 2018 and 14 closed out, a net change of +2 holders.
- The largest Globalstar buyer in Q4 2018 was Mudrick Capital Management, an estimated $11.7M added.
- The largest Globalstar seller in Q4 2018 was Vanguard Group, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2018.