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, 12 increasing their positions, 14 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)
2.97% more ownership
Funds ownership: 331.39% → 334.36% (+3%)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
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
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.22M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$379K |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$344K |
| 4 |
SAM
Simplify Asset Management
Las Vegas,
Nevada
|
+$335K |
| 5 |
TC
Tejara Capital
London,
United Kingdom
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.19M |
| 2 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
-$760K |
| 3 |
D.E. Shaw & Co
New York
|
-$212K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$193K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$177K |
TSAT Hedge Fund Activity: Q4 2023 in Review
49 of the 6,869 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 12 added to existing stakes and 14 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.