Telesat
TSAT
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.
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: 46 → 49 (+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: 2 → 1 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFH
51
Fairfax Financial Holdings
Toronto,
Ontario, Canada
| – | -$760K | -54,000 | Closed |
|
|
JF
52
Jump Financial
Chicago,
Illinois
| – | -$177K | -12,400 | Closed |
|
|
NEI
53
Northwest & Ethical Investments
Toronto,
Ontario, Canada
| – | -$123K | -8,594 | Closed |
|
|
FIA
54
FNY Investment Advisers
New York
| – | -$42K | -3,000 | Closed |
|
|
CG
55
Cutler Group
San Francisco,
California
| – | -$8.95K | -800 | Closed |
|
56
Osaic Holdings
Scottsdale,
Arizona
| – | -$1.43K | -100 | Closed |
|
57
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$615 | -43 | Closed |
|
58
UBS Group
Zurich,
Switzerland
| – | -$443 | -31 | 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.