GLOBALSTAR INC
COM · CUSIP 378973408
205
institutional holders
+15 vs Q3 2022
342.8m
shares reported held*
$455.9mreported value*
28 new
69 added
47 reduced
17 sold out
net bought ≈ $14.2m (+10.7m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($663.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.33. Options: 20 managers hold calls ($31.6m notional), 11 hold puts ($2.7m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 190 |
| Q4 2022 | 205 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $13.8m | $3.0m | 0.22 |
| Q4 2022 | $31.6m | $2.7m | 0.08 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +1.8m |
| CITIGROUP INC | Added | +1.7m |
| FMR LLC | Added | +1.7m |
| MORGAN STANLEY | Added | +1.5m |
| BlackRock Inc. | Added | +1.4m |
| EMG Holdings, L.P. | Added | +1.2m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +1.2m |
| Driehaus Capital Management LLC | Added | +879.2k |
| STATE STREET CORP | Added | +860.8k |
| VANGUARD GROUP INC | Added | +791.7k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -2.2m |
| Point72 Asset Management, L.P. | Reduced | -1.9m |
| Nuveen Asset Management, LLC | Reduced | -1.9m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -926.7k |
| Legion Partners Asset Management, LLC | Reduced | -635.0k |
| MARSHALL WACE, LLP | Reduced | -460.5k |
| 683 Capital Management, LLC | Reduced | -400.0k |
| AMERICAN CENTURY COMPANIES INC | Sold out | -290.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Sold out | -242.7k |
| Quantbot Technologies LP | Reduced | -218.6k |
Biggest calls
| EMG Holdings, L.P. | New | $17.3m13.0m shares |
| GROUP ONE TRADING LLC | Reduced | $3.4m2.5m shares |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Added | $3.3m2.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.1m1.6m shares |
| JANE STREET GROUP, LLC | Added | $1.8m1.4m shares |
| CITADEL ADVISORS LLC | Added | $1.8m1.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $861.0k647.7k shares |
| WOLVERINE TRADING, LLC | Added | $405.0k304.3k shares |
| Caption Management, LLC | Unchanged | $266.0k200.0k shares |
| Parallax Volatility Advisers, L.P. | New | $132.6k99.7k shares |
Biggest puts
| Caption Management, LLC | Unchanged | $1.3m1.0m shares |
| CITADEL ADVISORS LLC | Added | $438.5k329.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $327.0k245.9k shares |
| GROUP ONE TRADING LLC | Added | $265.2k199.4k shares |
| WOLVERINE TRADING, LLC | Added | $107.0k80.2k shares |
| JANE STREET GROUP, LLC | Added | $92.2k69.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $92.0k69.4k shares |
| Cutler Group LLC / CA | Added | $22.0k44.8k shares |
| HighTower Advisors, LLC | New | $5.8k130 shares |
| Belvedere Trading LLC | New | $4.3k3.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Mudrick Capital Management, L.P. 43.24% of their portfolio | 86.8m $115.5m | Reduced -1 |
| VANGUARD GROUP INC 0.00% of their portfolio | 68.3m $90.8m | Added +791.7k |
| BlackRock Inc. 0.00% of their portfolio | 45.3m $60.3m | Added +1.4m |
| BECK MACK & OLIVER LLC 0.73% of their portfolio | 18.7m $24.9m | Reduced -28.0k |
| STATE STREET CORP 0.00% of their portfolio | 15.2m $20.3m | Added +860.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 12.3m $16.4m | Added +395.1k |
| PLUSTICK MANAGEMENT LLC 10.76% of their portfolio | 10.3m $13.7m | Added +250.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 7.1m $9.5m | Reduced -1.9m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 6.2m $8.2m | Added +21.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 5.1m $6.8m | Added +107.6k |
| EMG Holdings, L.P. 5.13% of their portfolio | 4.5m $6.0m | Added +1.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 3.2m $4.3m | Reduced -926.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 3.1m $4.1m | Added +1.8m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.9m $3.8m | Reduced -2.2m |
| Driehaus Capital Management LLC 0.05% of their portfolio | 2.6m $3.5m | Added +879.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.6m $3.5m | Added +23.6k |
| FMR LLC 0.00% of their portfolio | 2.4m $3.2m | Added +1.7m |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $2.9m | Added +1.5m |
| Magnus Financial Group LLC 0.43% of their portfolio | 2.0m $2.7m | Added +166.7k |
| Legion Partners Asset Management, LLC 0.83% of their portfolio | 1.8m $2.4m | Reduced -635.0k |
| Swiss National Bank 0.00% of their portfolio | 1.7m $2.3m | Added +32.1k |
| CITIGROUP INC 0.00% of their portfolio | 1.7m $2.3m | Added +1.7m |
| Penserra Capital Management LLC 0.05% of their portfolio | 1.7m $2.2m | Reduced -68.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 1.5m $1.9m | Added +1.2m |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 1.4m $1.9m | Added +560.5k |
| UBS Group AG 0.00% of their portfolio | 1.4m $1.9m | Added +111.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $1.7m | Added +66.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $1.6m | Added +251.8k |
| Robertson Stephens Wealth Management, LLC 0.15% of their portfolio | 1.1m $1.5m | Added +257.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 1.1m $1.4m | Added +22.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 1.0m $1.4m | Added +279.0k |
| 683 Capital Management, LLC 0.11% of their portfolio | 912.2k $1.2m | Reduced -400.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 911.1k $1.2m | Added +13.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 900.0k $1.2m | Added +10.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 893.7k $1.2m | Added +540.5k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 820.7k $1.1m | Added +167.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 810.9k $1.1m | Added +106.6k |
| Merrion Investment Management Co, LLC 0.85% of their portfolio | 686.3k $912.7k | Added +207.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 645.9k $859.0k | Unchanged |
| Squarepoint Ops LLC 0.01% of their portfolio | 622.5k $827.9k | Added +411.7k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 616.1k $819.4k | Reduced -33.8k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 602.9k $801.8k | Reduced -57.0k |
| Caption Management, LLC 0.13% of their portfolio | 600.0k $798.0k | Reduced -140.0k |
| Numerai GP LLC 0.48% of their portfolio | 528.3k $702.7k | First filing |
| LPL Financial LLC 0.00% of their portfolio | 521.7k $693.9k | Added +144.7k |
| HOHIMER WEALTH MANAGEMENT, LLC 0.21% of their portfolio | 500.0k $665.0k | Unchanged |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 498.5k $663.0k | Reduced -1.9m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 455.0k $605.1k | Added +11 |
| Vident Investment Advisory, LLC 0.02% of their portfolio | 441.9k $587.7k | Added +27.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 437.6k $582.0k | Added +297.3k |
| Trellus Management Company, LLC 0.92% of their portfolio | 400.0k $532.0k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 391.3k $520.0k | Added +8.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 383.3k $509.8k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 362.2k $481.7k | Reduced -3.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 354.4k $471.3k | Added +41.5k |
| Alpha Paradigm Partners, LLC 0.19% of their portfolio | 354.1k $471.0k | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 351.4k $467.4k | Added +298.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 328.2k $436.5k | Added +287.1k |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 326.1k $433.0k | Added +258.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 323.6k $430.4k | Reduced -1.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 315.1k $419.1k | Reduced -42.2k |
| Legal & General Group Plc 0.00% of their portfolio | 309.0k $411.0k | Added +2.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 298.4k $396.9k | Reduced -1.3k |
| Invesco Ltd. 0.00% of their portfolio | 280.2k $372.6k | Reduced -22.5k |
| Telemetry Investments, L.L.C. 0.78% of their portfolio | 252.5k $336.0k | Added +47.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 249.4k $331.7k | Reduced -21.5k |
| SG Americas Securities, LLC 0.00% of their portfolio | 236.2k $314.0k | Added +90.6k |
| Quadrature Capital Ltd 0.01% of their portfolio | 209.4k $276.5k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 203.3k $270.4k | Added +7.6k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 201.2k $268.0k | Unchanged |
| Curbstone Financial Management Corp 0.07% of their portfolio | 199.4k $265.0k | Added +9.3k |
| Quantbot Technologies LP 0.02% of their portfolio | 194.5k $258.7k | Reduced -218.6k |
| BARCLAYS PLC 0.00% of their portfolio | 183.7k $244.3k | First filing |
| MARSHALL WACE, LLP 0.00% of their portfolio | 182.1k $242.2k | Reduced -460.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 180.5k $240.0k | Reduced -86.9k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 179.3k $238.0k | Reduced -52.9k |
| Inspire Investing, LLC 0.03% of their portfolio | 176.5k $234.7k | Added +48.7k |
| CATALYST FINANCIAL PARTNERS LLC 0.11% of their portfolio | 163.7k $217.7k | First filing |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 159.2k $211.7k | Unchanged |
| HighMark Wealth Management LLC 0.16% of their portfolio | 156.0k $207.5k | Added +10.0k |
| Intellectus Partners, LLC 0.07% of their portfolio | 149.5k $198.8k | Reduced -6.0k |
| Arista Wealth Management, LLC 0.12% of their portfolio | 147.7k $196.4k | First filing |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 136.8k $181.2k | Reduced -136.7k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio | 132.7k $176.6k | New |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 127.8k $170.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 125.3k $166.0k | Added +97.4k |
| BRIGHTON JONES LLC 0.01% of their portfolio | 125.0k $166.2k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 121.4k $161.5k | New |
| SYNOVUS FINANCIAL CORP 0.00% of their portfolio | 119.1k $158.3k | Unchanged |
| BOSTON FAMILY OFFICE LLC 0.01% of their portfolio | 110.0k $146.0k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 106.4k $142.0k | Unchanged |
| BLUEFIN CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 103.8k $138.1k | Reduced -1.0k |
| TWO SIGMA SECURITIES, LLC 0.02% of their portfolio | 100.9k $134.2k | Added +68.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 100.3k $133.0k | Reduced -6.1k |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 93.8k $125.0k | Added +59.6k |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 92.7k $123.0k | New |
| ProShare Advisors LLC 0.00% of their portfolio | 91.5k $121.7k | Added +12.3k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 89.8k $120.0k | Added +36.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 89.8k $119.5k | Reduced -44.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 87.3k $116.1k | Added +34.8k |