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Telesat

38 hedge funds and large institutions have $400M invested in Telesat in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $376M → $400M (+$24M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

1.9% less ownership

Funds ownership: 328.16%326.26% (-1.9%)

16% less funds holding

Funds holding: 4538 (-7)

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

75% less call options, than puts

Call options by funds: $49K | Put options by funds: $197K

Holders
38
Holders Change
-7
Holders Change %
-15.56%
% of All Funds
0.55%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
3
Increased
11
Reduced
11
Closed
10
Calls
$49K
Puts
$197K
Net Calls
-$148K
Net Calls Change
-$482K
Name Holding Trade Value Shares
Change
Change in
Stake
National Bank of Canada
26
National Bank of Canada
Quebec, Canada
$56.9K +$325 +40 +0.6%
CPBTD
27
Central Pacific Bank - Trust Division
Hawaii
$40.8K -$13.8K -1,700 -27%
Morgan Stanley
28
Morgan Stanley
New York
$28.4K -$20K -2,462 -44%
JP Morgan Chase
29
JP Morgan Chase
New York
$15.6K +$9.96K +1,224 +250%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$9K +$5.13K +631 +166%
TRCT
31
Tower Research Capital (TRC)
New York
$1.93K +$1.72K +212 New
WT
32
Whittier Trust
California
$1.5K
Osaic Holdings
33
Osaic Holdings
Arizona
$1.14K +$1.02K +125 New
GJIA
34
Glass Jacobson Investment Advisors
Maryland
$910
BCMLT
35
Beacon Capital Management LLC (Tennessee)
Tennessee
$865 -$24 -3 -3%
Barclays
36
Barclays
United Kingdom
$728
FFA
37
Farther Finance Advisors
California
$76
Qube Research & Technologies (QRT)
38
Qube Research & Technologies (QRT)
United Kingdom
$9
GECH
39
Garnet Equity Capital Holdings
New York
-$852K -99,982 Closed
NAM
40
NewGen Asset Management
Ontario, Canada
-$426K -50,000 Closed
LCM
41
Landscape Capital Management
New Jersey
-$341K -40,000 Closed
PCM
42
Penserra Capital Management
California
-$325K -38,184 Closed
Millennium Management
43
Millennium Management
New York
-$205K -23,858 Closed
Two Sigma Investments
44
Two Sigma Investments
New York
-$120K -14,076 Closed
VA
45
Vident Advisory
Georgia
-$107K -12,527 Closed
Acadian Asset Management
46
Acadian Asset Management
Massachusetts
-$63K -7,326 Closed
W
47
WealthCollab
Washington
-$1.66K -195 Closed
IPW
48
Impact Partnership Wealth
Georgia
-$852 -100 Closed

TSAT Hedge Fund Activity: Q2 2024 in Review

38 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q2 2024, worth a combined $400M — up 6.4% from $376M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of TSAT and 3 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 11 added.

The largest buyer was Propel Bio Management, adding an estimated $610K. The largest seller was Gabelli Funds, cutting an estimated $994K.

  • 38 institutional investors held Telesat (TSAT) as of Q2 2024, down from 45 in Q1 2024.
  • Funds reported $400M of Telesat stock for Q2 2024, up 6.4% quarter-over-quarter.
  • 3 funds opened new Telesat positions in Q2 2024 and 10 closed out, a net change of -7 holders.
  • The largest Telesat buyer in Q2 2024 was Propel Bio Management, an estimated $610K added.
  • The largest Telesat seller in Q2 2024 was Gabelli Funds, an estimated $994K sold.

Based on aggregated 13F filings for Q2 2024.