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Telesat

49 hedge funds and large institutions have $470M invested in Telesat in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

389% more call options, than puts

Call options by funds: $1.18M | Put options by funds: $241K

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

7% more funds holding

Funds holding: 4649 (+3)

3.01% more ownership

Funds ownership: 331.39%334.4% (+3%)

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

27% less capital invested

Capital invested by funds: $640M → $470M (-$170M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
49
Holders Change
+3
Holders Change %
+6.52%
% of All Funds
0.71%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
12
Increased
13
Reduced
13
Closed
9
Calls
$1.18M
Puts
$241K
Net Calls
+$937K
Net Calls Change
-$1.32M
Name Holding Trade Value Shares
Change
Change in
Stake
Arrowstreet Capital
26
Arrowstreet Capital
Massachusetts
$221K -$45.2K -4,044 -16%
QC
27
Quadrature Capital
United Kingdom
$206K +$221K +19,743 New
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$148K -$212K -18,952 -57%
PGFC
29
Peapack-Gladstone Financial Corp
New Jersey
$145K
FDCDDQ
30
Federation des caisses Desjardins du Quebec
Quebec, Canada
$143K
Morgan Stanley
31
Morgan Stanley
New York
$109K +$38K +3,401 +48%
Goldman Sachs
32
Goldman Sachs
New York
$107K -$136K -12,177 -54%
VA
33
Vident Advisory
Georgia
$105K +$113K +10,100 New
Asset Management One
34
Asset Management One
Japan
$97.1K -$1.3K -116 -1%
JP Morgan Chase
35
JP Morgan Chase
New York
$70K +$3.91K +350 +6%
AA
36
Ancora Advisors
Ohio
$66.8K -$36.9K -3,300 -34%
National Bank of Canada
37
National Bank of Canada
Quebec, Canada
$65.6K +$69.6K +6,221 +6,040%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$21K -$6.31K -564 -22%
Citadel Advisors
39
Citadel Advisors
Florida
$9.95K +$10.7K +954 New
TWC
40
TD Waterhouse Canada
Ontario, Canada
$5.79K +$4.95K +443 New
PI
41
PEAK6 Investments
Illinois
$4.56K -$39.5K -3,535 -89%
Simplex Trading
42
Simplex Trading
Illinois
$4K +$4.78K +427 New
W
43
WealthCollab
Washington
$2.03K +$2.18K +195 New
WT
44
Whittier Trust
California
$1.72K
BCMLT
45
Beacon Capital Management LLC (Tennessee)
Tennessee
$1.43K
GJIA
46
Glass Jacobson Investment Advisors
Maryland
$1.04K
IPW
47
Impact Partnership Wealth
Georgia
$1.04K +$1.12K +100 New
Barclays
48
Barclays
United Kingdom
$834 -$895 -80 -50%
FFA
49
Farther Finance Advisors
California
$94
HIM
50
Hillsdale Investment Management
Ontario, Canada
-$2.19M -152,808 Closed

TSAT Hedge Fund Activity: Q4 2023 in Review

49 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q4 2023, worth a combined $470M — down 27% from $640M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TSAT positions and 9 closed out — a net gain of 3 holders — while 13 added to existing stakes and 13 trimmed.

The largest buyer was GAMCO Investors, adding an estimated $1.22M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $2.19M sold.

  • 49 institutional investors held Telesat (TSAT) as of Q4 2023, up from 46 in Q3 2023.
  • Funds reported $470M of Telesat stock for Q4 2023, down 27% quarter-over-quarter.
  • 12 funds opened new Telesat positions in Q4 2023 and 9 closed out, a net change of +3 holders.
  • The largest Telesat buyer in Q4 2023 was GAMCO Investors, an estimated $1.22M added.
  • The largest Telesat seller in Q4 2023 was Hillsdale Investment Management, an estimated $2.19M sold.

Based on aggregated 13F filings for Q4 2023.