INTELSAT S. A.
I
I was delisted on the 18th of May, 2020.
70 hedge funds and large institutions have $182M invested in INTELSAT S. A. in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 13 closing their positions.
64% more call options, than puts
Call options by funds: $870K | Put options by funds: $531K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
21% more capital invested
Capital invested by funds: $151M → $182M (+$31.2M)
3% more funds holding
Funds holding: 68 → 70 (+2)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$6.85M |
| 2 |
JP Morgan Chase
New York
|
+$5.64M |
| 3 |
SFM
Soros Fund Management
New York
|
+$5.05M |
| 4 |
FCM
Farmstead Capital Management
Ridgewood,
New Jersey
|
+$1.85M |
| 5 |
Renaissance Technologies
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$2.63M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.16M |
| 3 |
OA
Omega Advisors
New York
|
-$1.03M |
| 4 |
SIM
Spark Investment Management
New York
|
-$1.01M |
| 5 |
CCP
Cyrus Capital Partners
New York
|
-$559K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Squarepoint
New York
| – | -$149K | -44,098 | Closed |
|
77
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$88K | -26,076 | Closed |
|
|
HCM
78
Highbridge Capital Management
New York
| – | -$73K | -21,442 | Closed |
|
|
CG
79
Cutler Group
San Francisco,
California
| – | -$64K | -18,913 | Closed |
|
80
Goldman Sachs
New York
| – | -$56K | -16,637 | Closed |
|
81
SG Americas Securities
New York
| – | -$49K | -14,389 | Closed |
|
|
PCM
82
Prelude Capital Management
New York
| – | -$18K | -5,216 | Closed |
|
83
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -454 | Closed |
|
I Hedge Fund Activity: Q1 2018 in Review
70 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in INTELSAT S. A. (I) for Q1 2018, worth a combined $182M — up 21% from $151M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new I positions and 13 closed out — a net gain of 3 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Empyrean Capital Partners, opening a new position worth an estimated $6.85M. The largest seller was Solus Alternative Asset Management, exiting entirely with an estimated $2.63M sold.
- 70 institutional investors held INTELSAT S. A. (I) as of Q1 2018, up from 68 in Q4 2017.
- Funds reported $182M of INTELSAT S. A. stock for Q1 2018, up 21% quarter-over-quarter.
- 16 funds opened new INTELSAT S. A. positions in Q1 2018 and 13 closed out, a net change of +3 holders.
- The largest INTELSAT S. A. buyer in Q1 2018 was Empyrean Capital Partners, an estimated $6.85M added.
- The largest INTELSAT S. A. seller in Q1 2018 was Solus Alternative Asset Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2018.