Globalstar
GSAT
147 hedge funds and large institutions have $546M invested in Globalstar in 2021 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 20 closing their positions.
1,468% more call options, than puts
Call options by funds: $74.6M | Put options by funds: $4.76M
85% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 20
67% more capital invested
Capital invested by funds: $327M → $546M (+$219M)
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
13% more funds holding
Funds holding: 130 → 147 (+17)
0.18% more ownership
Funds ownership: 0.96% → 1.14% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$12M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
-$22.5M |
| 2 |
Millennium Management
New York
|
-$3.72M |
| 3 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$3.71M |
| 4 |
MC
MIG Capital
Newport Beach,
California
|
-$2.83M |
| 5 |
BMO
Beck Mack & Oliver
New York
|
-$2.35M |
GSAT Hedge Fund Activity: Q2 2021 in Review
147 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q2 2021, worth a combined $546M — up 67% from $327M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GSAT positions and 20 closed out — a net gain of 17 holders — while 42 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $40.4M. The largest seller was Mudrick Capital Management, cutting an estimated $22.5M.
- 147 institutional investors held Globalstar (GSAT) as of Q2 2021, up from 130 in Q1 2021.
- Funds reported $546M of Globalstar stock for Q2 2021, up 67% quarter-over-quarter.
- 37 funds opened new Globalstar positions in Q2 2021 and 20 closed out, a net change of +17 holders.
- The largest Globalstar buyer in Q2 2021 was BlackRock, an estimated $40.4M added.
- The largest Globalstar seller in Q2 2021 was Mudrick Capital Management, an estimated $22.5M sold.
Based on aggregated 13F filings for Q2 2021.