Globalstar
GSAT
104 hedge funds and large institutions have $153M invested in Globalstar in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 25 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
24% more call options, than puts
Call options by funds: $107K | Put options by funds: $86K
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.03% less ownership
Funds ownership: 1.73% → 1.7% (-0.03%)
13% less funds holding
Funds holding: 119 → 104 (-15)
15% less capital invested
Capital invested by funds: $180M → $153M (-$27.4M)
56% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.53M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$774K |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$291K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$59.5K |
| 5 |
BMO
Beck Mack & Oliver
New York
|
+$49.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$6.29M |
| 2 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
-$702K |
| 3 |
Millennium Management
New York
|
-$565K |
| 4 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$168K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$159K |
GSAT Hedge Fund Activity: Q3 2019 in Review
104 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2019, worth a combined $153M — down 15% from $180M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GSAT and 11 opened new positions — a net loss of 14 holders — while 17 trimmed existing stakes and 24 added.
The largest buyer was Vanguard Group, adding an estimated $3.53M. The largest seller was HHR Asset Management, exiting entirely with an estimated $6.29M sold.
- 104 institutional investors held Globalstar (GSAT) as of Q3 2019, down from 119 in Q2 2019.
- Funds reported $153M of Globalstar stock for Q3 2019, down 15% quarter-over-quarter.
- 11 funds opened new Globalstar positions in Q3 2019 and 25 closed out, a net change of -14 holders.
- The largest Globalstar buyer in Q3 2019 was Vanguard Group, an estimated $3.53M added.
- The largest Globalstar seller in Q3 2019 was HHR Asset Management, an estimated $6.29M sold.
Based on aggregated 13F filings for Q3 2019.