Globalstar
GSAT
201 hedge funds and large institutions have $387M invested in Globalstar in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 23 closing their positions.
514% more call options, than puts
Call options by funds: $5.13M | Put options by funds: $835K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
0.04% less ownership
Funds ownership: 1.27% → 1.23% (-0.04%)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
1% less funds holding
Funds holding: 204 → 201 (-3)
15% less capital invested
Capital invested by funds: $457M → $387M (-$69.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.43M |
| 2 |
6CM
683 Capital Management
New York
|
+$1.34M |
| 3 |
CF
Cantor Fitzgerald
New York
|
+$1.23M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$1.02M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
-$11.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.99M |
| 3 |
Two Sigma Investments
New York
|
-$2.23M |
| 4 |
Citigroup
New York
|
-$2.07M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.18M |
GSAT Hedge Fund Activity: Q1 2023 in Review
201 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q1 2023, worth a combined $387M — down 15% from $457M a quarter earlier.
Fund positioning in GSAT was balanced in Q1 2023: 23 funds opened new positions, 23 closed out, 57 added to existing stakes and 60 trimmed.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $1.43M. The largest seller was Mudrick Capital Management, cutting an estimated $11.2M.
- 201 institutional investors held Globalstar (GSAT) as of Q1 2023, down from 204 in Q4 2022.
- Funds reported $387M of Globalstar stock for Q1 2023, down 15% quarter-over-quarter.
- 23 funds opened new Globalstar positions in Q1 2023 and 23 closed out, a net change of 0 holders.
- The largest Globalstar buyer in Q1 2023 was BlueCrest Capital Management, an estimated $1.43M added.
- The largest Globalstar seller in Q1 2023 was Mudrick Capital Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2023.