Telesat
TSAT
64 hedge funds and large institutions have $298M invested in Telesat in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 26 closing their positions.
60,125% more call options, than puts
Call options by funds: $2.41M | Put options by funds: $4K
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
4.28% less ownership
Funds ownership: 228.17% → 223.89% (-4.3%)
21% less funds holding
Funds holding: 81 → 64 (-17)
34% less capital invested
Capital invested by funds: $448M → $298M (-$151M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 26
Top Buyers
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$3.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.29M |
| 3 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$2.07M |
| 4 |
HCL
Heard Capital LLC
Chicago,
Illinois
|
+$1.54M |
| 5 |
Millennium Management
New York
|
+$1.4M |
Top Sellers
| 1 |
BlackRock
New York
|
-$5.19M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3.62M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.96M |
| 4 |
PG
Pendal Group
Sydney,
Australia
|
-$2.66M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$2.34M |
TSAT Hedge Fund Activity: Q2 2022 in Review
64 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q2 2022, worth a combined $298M — down 34% from $448M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TSAT and 11 opened new positions — a net loss of 15 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Gabelli Funds, adding an estimated $3.55M. The largest seller was BlackRock, cutting an estimated $5.19M.
- 64 institutional investors held Telesat (TSAT) as of Q2 2022, down from 81 in Q1 2022.
- Funds reported $298M of Telesat stock for Q2 2022, down 34% quarter-over-quarter.
- 11 funds opened new Telesat positions in Q2 2022 and 26 closed out, a net change of -15 holders.
- The largest Telesat buyer in Q2 2022 was Gabelli Funds, an estimated $3.55M added.
- The largest Telesat seller in Q2 2022 was BlackRock, an estimated $5.19M sold.
Based on aggregated 13F filings for Q2 2022.