Globalstar
GSAT
190 hedge funds and large institutions have $527M invested in Globalstar in 2022 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 60 increasing their positions, 43 reducing their positions, and 17 closing their positions.
359% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $3.01M
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 43
31% more capital invested
Capital invested by funds: $402M → $527M (+$125M)
7% more funds holding
Funds holding: 177 → 190 (+13)
0.02% more ownership
Funds ownership: 1.21% → 1.23% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
+$5.22M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.78M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.81M |
| 4 |
Two Sigma Investments
New York
|
+$2M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$6.6M |
| 2 |
Goldman Sachs
New York
|
-$2.99M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$656K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$632K |
GSAT Hedge Fund Activity: Q3 2022 in Review
190 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q3 2022, worth a combined $527M — up 31% from $402M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new GSAT positions and 17 closed out — a net gain of 15 holders — while 60 added to existing stakes and 43 trimmed.
The largest buyer was EMG Holdings, opening a new position worth an estimated $5.22M. The largest seller was Marshall Wace, cutting an estimated $6.6M.
- 190 institutional investors held Globalstar (GSAT) as of Q3 2022, up from 177 in Q2 2022.
- Funds reported $527M of Globalstar stock for Q3 2022, up 31% quarter-over-quarter.
- 32 funds opened new Globalstar positions in Q3 2022 and 17 closed out, a net change of +15 holders.
- The largest Globalstar buyer in Q3 2022 was EMG Holdings, an estimated $5.22M added.
- The largest Globalstar seller in Q3 2022 was Marshall Wace, an estimated $6.6M sold.
Based on aggregated 13F filings for Q3 2022.