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Telesat

57 hedge funds and large institutions have $820M invested in Telesat in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

360% more call options, than puts

Call options by funds: $8.36M | Put options by funds: $1.82M

24% more funds holding

Funds holding: 4657 (+11)

14% more capital invested

Capital invested by funds: $718M → $820M (+$101M)

0.02% more ownership

Funds ownership: 313.83%313.85% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

39% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 18

Holders
57
Holders Change
+11
Holders Change %
+23.91%
% of All Funds
0.76%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
13
Increased
11
Reduced
18
Closed
2
Calls
$8.36M
Puts
$1.82M
Net Calls
+$6.55M
Net Calls Change
+$3.81M
Name Holding Trade Value Shares
Change
Change in
Stake
MFM
1
MHR Fund Management
New York
$340M
Public Sector Pension Investment Board (PSP Investments)
2
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$339M
GI
3
GAMCO Investors
Connecticut
$35.4M -$970K -50,790 -3%
HCL
4
Heard Capital LLC
Illinois
$31M -$1.27M -66,612 -4%
RCMNY
5
Rubric Capital Management (New York)
New York
$16.2M -$1.91M -100,252 -10%
GF
6
Gabelli Funds
New York
$13.7M -$781K -40,891 -5%
NAM
7
Nexpoint Asset Management
Texas
$11.1M
LAII
8
LM Asset (IM) Inc
British Columbia, Canada
$9.91M -$5.3M -277,750 -34%
CM
9
Caption Management
Oklahoma
$2.61M +$2.39M +125,324 +941%
VI
10
Vestcor Inc
New Brunswick, Canada
$2.35M +$2.39M +125,000 New
PIC
11
PCJ Investment Counsel
Ontario, Canada
$2.1M +$2.15M +112,800 New
DWM
12
Dakota Wealth Management
Florida
$1.9M +$1.92M +100,818 New
GCIA
13
Gabelli & Co Investment Advisers
New York
$1.39M -$507K -26,550 -26%
Connor, Clark & Lunn Investment Management (CC&L)
14
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.22M +$327K +17,133 +36%
Group One Trading
15
Group One Trading
Illinois
$1.08M +$335K +17,570 +44%
FDCDDQ
16
Federation des caisses Desjardins du Quebec
Quebec, Canada
$826K +$153K +8,000 +22%
NPT
17
National Philanthropic Trust
Pennsylvania
$753K
MCP
18
Militia Capital Partners
Nevada
$728K +$738K +38,675 New
Simplex Trading
19
Simplex Trading
Illinois
$643K +$249K +13,032 +62%
AC
20
Aristeia Capital
Connecticut
$637K -$108K -5,641 -14%
1832 Asset Management
21
1832 Asset Management
Ontario, Canada
$625K -$319K -16,710 -33%
TI
22
Trexquant Investment
Connecticut
$549K +$298K +15,613 +115%
WCA
23
Waratah Capital Advisors
Ontario, Canada
$493K +$499K +26,157 New
KJHP
24
K.J. Harrison & Partners
Ontario, Canada
$474K +$485K +25,400 New
Pathstone Holdings
25
Pathstone Holdings
New Jersey
$452K

TSAT Hedge Fund Activity: Q1 2025 in Review

57 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q1 2025, worth a combined $820M — up 14% from $718M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TSAT positions and 2 closed out — a net gain of 11 holders — while 11 added to existing stakes and 18 trimmed.

The largest buyer was Caption Management, adding an estimated $2.39M. The largest seller was LM Asset (IM) Inc, cutting an estimated $5.3M.

  • 57 institutional investors held Telesat (TSAT) as of Q1 2025, up from 46 in Q4 2024.
  • Funds reported $820M of Telesat stock for Q1 2025, up 14% quarter-over-quarter.
  • 13 funds opened new Telesat positions in Q1 2025 and 2 closed out, a net change of +11 holders.
  • The largest Telesat buyer in Q1 2025 was Caption Management, an estimated $2.39M added.
  • The largest Telesat seller in Q1 2025 was LM Asset (IM) Inc, an estimated $5.3M sold.

Based on aggregated 13F filings for Q1 2025.