INTELSAT S. A.
I
I was delisted on the 18th of May, 2020.
142 hedge funds and large institutions have $2.49B invested in INTELSAT S. A. in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 51 reducing their positions, and 64 closing their positions.
70% more call options, than puts
Call options by funds: $165M | Put options by funds: $97.3M
20% more capital invested
Capital invested by funds: $2.08B → $2.49B (+$411M)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
2% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 51
26% less funds holding
Funds holding: 193 → 142 (-51)
73% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$32.9M |
| 2 |
KHCM
Kettle Hill Capital Management
New York
|
+$26.6M |
| 3 |
DFO
Duquesne Family Office
New York
|
+$26.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$15.5M |
| 5 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$32.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$21.5M |
| 3 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$20.1M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$16.6M |
| 5 |
HCM
Highline Capital Management
New York
|
-$12.1M |
I Hedge Fund Activity: Q2 2019 in Review
142 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in INTELSAT S. A. (I) for Q2 2019, worth a combined $2.49B — up 20% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of I and 17 opened new positions — a net loss of 47 holders — while 51 trimmed existing stakes and 52 added.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $32.9M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $32.3M sold.
- 142 institutional investors held INTELSAT S. A. (I) as of Q2 2019, down from 193 in Q1 2019.
- Funds reported $2.49B of INTELSAT S. A. stock for Q2 2019, up 20% quarter-over-quarter.
- 17 funds opened new INTELSAT S. A. positions in Q2 2019 and 64 closed out, a net change of -47 holders.
- The largest INTELSAT S. A. buyer in Q2 2019 was Pentwater Capital Management, an estimated $32.9M added.
- The largest INTELSAT S. A. seller in Q2 2019 was TIG Advisors LLC, an estimated $32.3M sold.
Based on aggregated 13F filings for Q2 2019.