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Telesat

65 hedge funds and large institutions have $1.15B invested in Telesat in 2025 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 24 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

174% more call options, than puts

Call options by funds: $5.28M | Put options by funds: $1.93M

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

10% more funds holding

Funds holding: 5965 (+6)

8% more capital invested

Capital invested by funds: $1.06B → $1.15B (+$89.1M)

0.97% more ownership

Funds ownership: 297.53%298.5% (+0.97%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

38% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 24

Holders
65
Holders Change
+6
Holders Change %
+10.17%
% of All Funds
0.85%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
14
Increased
15
Reduced
24
Closed
8
Calls
$5.28M
Puts
$1.93M
Net Calls
+$3.36M
Net Calls Change
-$2.45M
Name Holding Trade Value Shares
Change
Change in
Stake
MFM
1
MHR Fund Management
New York
$478M
Public Sector Pension Investment Board (PSP Investments)
2
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$476M
GI
3
GAMCO Investors
Connecticut
$47.4M -$1.74M -73,057 -4%
HCL
4
Heard Capital LLC
Illinois
$39M -$1.08M -45,375 -3%
RCMNY
5
Rubric Capital Management (New York)
New York
$22.4M
GF
6
Gabelli Funds
New York
$19M -$234K -9,850 -1%
LAII
7
LM Asset (IM) Inc
British Columbia, Canada
$11.8M -$333K -14,000 -3%
PCM
8
PenderFund Capital Management
British Columbia, Canada
$10.5M +$7.36M +309,153 +307%
NAM
9
Nexpoint Asset Management
Texas
$10.5M -$3.28M -137,683 -26%
VI
10
Vestcor Inc
New Brunswick, Canada
$4.64M +$1.19M +50,000 +40%
Connor, Clark & Lunn Investment Management (CC&L)
11
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.11M +$703K +29,515 +34%
PIC
12
PCJ Investment Counsel
Ontario, Canada
$2.93M -$39.8K -1,670 -1%
PAMP
13
Polar Asset Management Partners
Ontario, Canada
$2.78M +$1.14M +47,725 +83%
CM
14
Caption Management
Oklahoma
$2.3M -$637K -26,769 -24%
GCIA
15
Gabelli & Co Investment Advisers
New York
$1.7M -$361K -15,150 -19%
Citadel Advisors
16
Citadel Advisors
Florida
$1.69M +$1.24M +52,162 +451%
Renaissance Technologies
17
Renaissance Technologies
New York
$1.63M -$163K -6,854 -10%
KJHP
18
K.J. Harrison & Partners
Ontario, Canada
$1.61M +$776K +32,600 +128%
Group One Trading
19
Group One Trading
Illinois
$1.41M -$254K -10,652 -17%
Morgan Stanley
20
Morgan Stanley
New York
$1.1M +$100K +4,220 +11%
NPT
21
National Philanthropic Trust
Pennsylvania
$1.06M
SM
22
Senvest Management
New York
$987K +$887K +37,257 New
Millennium Management
23
Millennium Management
New York
$986K -$171K -7,190 -16%
Jane Street
24
Jane Street
New York
$966K -$1.18M -49,439 -58%
PCM
25
Penserra Capital Management
California
$794K +$30.5K +1,280 +4%

TSAT Hedge Fund Activity: Q3 2025 in Review

65 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q3 2025, worth a combined $1.15B — up 8.4% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new TSAT positions and 8 closed out — a net gain of 6 holders — while 15 added to existing stakes and 24 trimmed.

The largest buyer was PenderFund Capital Management, adding an estimated $7.36M. The largest seller was Nexpoint Asset Management, cutting an estimated $3.28M.

  • 65 institutional investors held Telesat (TSAT) as of Q3 2025, up from 59 in Q2 2025.
  • Funds reported $1.15B of Telesat stock for Q3 2025, up 8.4% quarter-over-quarter.
  • 14 funds opened new Telesat positions in Q3 2025 and 8 closed out, a net change of +6 holders.
  • The largest Telesat buyer in Q3 2025 was PenderFund Capital Management, an estimated $7.36M added.
  • The largest Telesat seller in Q3 2025 was Nexpoint Asset Management, an estimated $3.28M sold.

Based on aggregated 13F filings for Q3 2025.