Telesat
TSAT
75 hedge funds and large institutions have $1.58B invested in Telesat in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 9 closing their positions.
415% more call options, than puts
Call options by funds: $4.75M | Put options by funds: $923K
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
24% more capital invested
Capital invested by funds: $1.27B → $1.58B (+$306M)
15% more funds holding
Funds holding: 65 → 75 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5.7% less ownership
Funds ownership: 296.61% → 290.91% (-5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
AYAL Capital Advisors
Toronto,
Ontario, Canada
|
+$4.76M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.39M |
| 3 |
Morgan Stanley
New York
|
+$3.18M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$2.99M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCL
Heard Capital LLC
Chicago,
Illinois
|
-$19.8M |
| 2 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$3.39M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.01M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.48M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.25M |
TSAT Hedge Fund Activity: Q1 2026 in Review
75 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Telesat (TSAT) for Q1 2026, worth a combined $1.58B — up 24% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TSAT positions and 9 closed out — a net gain of 11 holders — while 23 added to existing stakes and 15 trimmed.
The largest buyer was AYAL Capital Advisors, opening a new position worth an estimated $4.76M. The largest seller was Heard Capital LLC, cutting an estimated $19.8M.
- 75 institutional investors held Telesat (TSAT) as of Q1 2026, up from 65 in Q4 2025.
- Funds reported $1.58B of Telesat stock for Q1 2026, up 24% quarter-over-quarter.
- 20 funds opened new Telesat positions in Q1 2026 and 9 closed out, a net change of +11 holders.
- The largest Telesat buyer in Q1 2026 was AYAL Capital Advisors, an estimated $4.76M added.
- The largest Telesat seller in Q1 2026 was Heard Capital LLC, an estimated $19.8M sold.
Based on aggregated 13F filings for Q1 2026.