Telesat
TSAT
81 hedge funds and large institutions have $448M invested in Telesat in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 36 reducing their positions, and 19 closing their positions.
1.71% more ownership
Funds ownership: 226.46% → 228.17% (+1.7%)
11% less funds holding
Funds holding: 91 → 81 (-10)
31% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 36
32% less call options, than puts
Call options by funds: $373K | Put options by funds: $550K
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less capital invested
Capital invested by funds: $773M → $448M (-$325M)
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
Top Buyers
| 1 |
HCL
Heard Capital LLC
Chicago,
Illinois
|
+$13.9M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$6.03M |
| 3 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$4.63M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$1.54M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
+$1.47M |
Top Sellers
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$8.6M |
| 2 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$8.51M |
| 3 |
BlackRock
New York
|
-$5.22M |
| 4 |
Millennium Management
New York
|
-$1.61M |
| 5 |
GECH
Garnet Equity Capital Holdings
New York
|
-$1.11M |
TSAT Hedge Fund Activity: Q1 2022 in Review
81 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q1 2022, worth a combined $448M — down 42% from $773M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TSAT and 10 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 25 added.
The largest buyer was Heard Capital LLC, adding an estimated $13.9M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $8.6M.
- 81 institutional investors held Telesat (TSAT) as of Q1 2022, down from 91 in Q4 2021.
- Funds reported $448M of Telesat stock for Q1 2022, down 42% quarter-over-quarter.
- 10 funds opened new Telesat positions in Q1 2022 and 19 closed out, a net change of -9 holders.
- The largest Telesat buyer in Q1 2022 was Heard Capital LLC, an estimated $13.9M added.
- The largest Telesat seller in Q1 2022 was Gilder Gagnon Howe & Co, an estimated $8.6M sold.
Based on aggregated 13F filings for Q1 2022.