Telesat
TSAT
57 hedge funds and large institutions have $820M invested in Telesat in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
360% more call options, than puts
Call options by funds: $8.36M | Put options by funds: $1.82M
24% more funds holding
Funds holding: 46 → 57 (+11)
14% more capital invested
Capital invested by funds: $718M → $820M (+$101M)
0.02% more ownership
Funds ownership: 313.83% → 313.85% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$2.39M |
| 2 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
+$2.39M |
| 3 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$2.15M |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$1.92M |
| 5 |
MCP
Militia Capital Partners
Las Vegas,
Nevada
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAII
LM Asset (IM) Inc
Vancouver,
British Columbia, Canada
|
-$5.3M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$1.91M |
| 3 |
HCL
Heard Capital LLC
Chicago,
Illinois
|
-$1.27M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$970K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$781K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCMLT
51
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| $1.79K | – | – | – |
|
|
GJIA
52
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| $1.64K | – | – | – |
|
|
SS
53
SBI Securities
Tokyo,
Japan
| $923 | +$134 | +7 | +17% |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $847 | – | – | – |
|
55
Barclays
London,
United Kingdom
| $471 | -$1.05K | -55 | -69% |
|
56
Wells Fargo
San Francisco,
California
| $186 | +$191 | +10 | New |
|
|
FFA
57
Farther Finance Advisors
San Francisco,
California
| $161 | – | – | – |
|
58
Squarepoint
New York
| – | -$552K | -33,555 | Closed |
|
59
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$236K | -12,342 | Closed |
|
TSAT Hedge Fund Activity: Q1 2025 in Review
57 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q1 2025, worth a combined $820M — up 14% from $718M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TSAT positions and 2 closed out — a net gain of 11 holders — while 11 added to existing stakes and 18 trimmed.
The largest buyer was Caption Management, adding an estimated $2.39M. The largest seller was LM Asset (IM) Inc, cutting an estimated $5.3M.
- 57 institutional investors held Telesat (TSAT) as of Q1 2025, up from 46 in Q4 2024.
- Funds reported $820M of Telesat stock for Q1 2025, up 14% quarter-over-quarter.
- 13 funds opened new Telesat positions in Q1 2025 and 2 closed out, a net change of +11 holders.
- The largest Telesat buyer in Q1 2025 was Caption Management, an estimated $2.39M added.
- The largest Telesat seller in Q1 2025 was LM Asset (IM) Inc, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2025.