INTELSAT S. A.
I
I was delisted on the 18th of May, 2020.
168 hedge funds and large institutions have $932M invested in INTELSAT S. A. in 2019 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 40 closing their positions.
79% more call options, than puts
Call options by funds: $139M | Put options by funds: $77.7M
45% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 40
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
9% more funds holding
Funds holding: 154 → 168 (+14)
41% less funds holding in top 10
Funds holding in top 10: 17 → 10 (-7)
68% less capital invested
Capital invested by funds: $2.87B → $932M (-$1.94B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$45.4M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$35.1M |
| 3 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
+$30.3M |
| 4 |
Millennium Management
New York
|
+$29.3M |
| 5 |
NM
Nokota Management
New York
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
BC Partners Advisors
New York
|
-$93.6M |
| 2 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$44.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$42.3M |
| 4 |
Goldman Sachs
New York
|
-$39.3M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
-$31.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FA
201
Fortis Advisors
Wayne,
Pennsylvania
| – | -$166K | -7,300 | Closed |
|
202
SG Americas Securities
New York
| – | -$109K | -4,784 | Closed |
|
|
HCM
203
Hilton Capital Management
Garden City,
New York
| – | -$23K | -1,000 | Closed |
|
|
FANJ
204
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$11K | -500 | Closed |
|
|
CBT
205
Capital Bank & Trust
Irvine,
California
| – | -$2K | -96 | Closed |
|
|
TRCT
206
Tower Research Capital (TRC)
New York
| – | +$79 | +5 | New |
|
I Hedge Fund Activity: Q4 2019 in Review
168 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in INTELSAT S. A. (I) for Q4 2019, worth a combined $932M — down 68% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new I positions and 40 closed out — a net gain of 18 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Appaloosa LP, opening a new position worth an estimated $45.4M. The largest seller was BC Partners Advisors, cutting an estimated $93.6M.
- 168 institutional investors held INTELSAT S. A. (I) as of Q4 2019, up from 154 in Q3 2019.
- Funds reported $932M of INTELSAT S. A. stock for Q4 2019, down 68% quarter-over-quarter.
- 58 funds opened new INTELSAT S. A. positions in Q4 2019 and 40 closed out, a net change of +18 holders.
- The largest INTELSAT S. A. buyer in Q4 2019 was Appaloosa LP, an estimated $45.4M added.
- The largest INTELSAT S. A. seller in Q4 2019 was BC Partners Advisors, an estimated $93.6M sold.
Based on aggregated 13F filings for Q4 2019.