Telesat
TSAT
38 hedge funds and large institutions have $400M invested in Telesat in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 10 closing their positions.
6% more capital invested
Capital invested by funds: $376M → $400M (+$24M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1.9% less ownership
Funds ownership: 328.16% → 326.26% (-1.9%)
16% less funds holding
Funds holding: 45 → 38 (-7)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
75% less call options, than puts
Call options by funds: $49K | Put options by funds: $197K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PBM
Propel Bio Management
Los Angeles,
California
|
+$610K |
| 2 |
SAM
Simplify Asset Management
Las Vegas,
Nevada
|
+$610K |
| 3 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$209K |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
+$195K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
-$994K |
| 2 |
GECH
Garnet Equity Capital Holdings
New York
|
-$852K |
| 3 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$426K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$341K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$325K |
TSAT Hedge Fund Activity: Q2 2024 in Review
38 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q2 2024, worth a combined $400M — up 6.4% from $376M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TSAT and 3 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Propel Bio Management, adding an estimated $610K. The largest seller was Gabelli Funds, cutting an estimated $994K.
- 38 institutional investors held Telesat (TSAT) as of Q2 2024, down from 45 in Q1 2024.
- Funds reported $400M of Telesat stock for Q2 2024, up 6.4% quarter-over-quarter.
- 3 funds opened new Telesat positions in Q2 2024 and 10 closed out, a net change of -7 holders.
- The largest Telesat buyer in Q2 2024 was Propel Bio Management, an estimated $610K added.
- The largest Telesat seller in Q2 2024 was Gabelli Funds, an estimated $994K sold.
Based on aggregated 13F filings for Q2 2024.