Telesat
TSAT
65 hedge funds and large institutions have $1.27B invested in Telesat in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
10% more capital invested
Capital invested by funds: $1.15B → $1.27B (+$118M)
0% more funds holding
Funds holding: 65 → 65 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
1.89% less ownership
Funds ownership: 298.5% → 296.61% (-1.9%)
32% less call options, than puts
Call options by funds: $576K | Put options by funds: $841K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$2.83M |
| 2 |
Millennium Management
New York
|
+$2.65M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.31M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCL
Heard Capital LLC
Chicago,
Illinois
|
-$7.12M |
| 2 |
LAII
LM Asset (IM) Inc
Vancouver,
British Columbia, Canada
|
-$3.58M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.33M |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$2.3M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$1.55M |
TSAT Hedge Fund Activity: Q4 2025 in Review
65 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q4 2025, worth a combined $1.27B — up 10% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TSAT positions and 8 closed out — a net gain of 2 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was Senvest Management, adding an estimated $2.83M. The largest seller was Heard Capital LLC, cutting an estimated $7.12M.
- 65 institutional investors held Telesat (TSAT) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $1.27B of Telesat stock for Q4 2025, up 10% quarter-over-quarter.
- 10 funds opened new Telesat positions in Q4 2025 and 8 closed out, a net change of +2 holders.
- The largest Telesat buyer in Q4 2025 was Senvest Management, an estimated $2.83M added.
- The largest Telesat seller in Q4 2025 was Heard Capital LLC, an estimated $7.12M sold.
Based on aggregated 13F filings for Q4 2025.