Telesat
TSAT
44 hedge funds and large institutions have $421M invested in Telesat in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 3 closing their positions.
138% more call options, than puts
Call options by funds: $112K | Put options by funds: $47K
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
9% more capital invested
Capital invested by funds: $384M → $421M (+$36.5M)
2% more funds holding
Funds holding: 43 → 44 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
37.78% less ownership
Funds ownership: 373.68% → 335.89% (-38%)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$2.11M |
| 2 |
SAM
Simplify Asset Management
Las Vegas,
Nevada
|
+$1.36M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$282K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$268K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$1.38M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$1.21M |
| 3 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$238K |
| 4 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
-$176K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$171K |
TSAT Hedge Fund Activity: Q2 2023 in Review
44 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q2 2023, worth a combined $421M — up 9.5% from $384M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TSAT positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 15 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $2.11M. The largest seller was Pathstone Family Office, exiting entirely with an estimated $1.38M sold.
- 44 institutional investors held Telesat (TSAT) as of Q2 2023, up from 43 in Q1 2023.
- Funds reported $421M of Telesat stock for Q2 2023, up 9.5% quarter-over-quarter.
- 4 funds opened new Telesat positions in Q2 2023 and 3 closed out, a net change of +1 holder.
- The largest Telesat buyer in Q2 2023 was GAMCO Investors, an estimated $2.11M added.
- The largest Telesat seller in Q2 2023 was Pathstone Family Office, an estimated $1.38M sold.
Based on aggregated 13F filings for Q2 2023.