Vault-13

GLOBALSTAR INC

COM · CUSIP 378973408

203 institutional holders +14 vs Q2 2023
317,053,996317.1m shares reported held*
$415.3mreported value*
34 new 63 added 54 reduced 19 sold out net bought ≈ $10.3m (+7.9m 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. Holder counts are more reliable. Implied quarter-end price ≈ $1.31. Options: 13 managers hold calls ($14.9m notional), 10 hold puts ($1.7m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 190Q4 22: 205Q1 23: 203Q2 23: 189Q3 23: 203203Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022190
Q4 2022205
Q1 2023203
Q2 2023189
Q3 2023203

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 97 bought or addedQ4 22: 64 cut or sold outQ4 22Q1 23: 79 bought or addedQ1 23: 83 cut or sold outQ1 23Q2 23: 77 bought or addedQ2 23: 73 cut or sold outQ2 23Q3 23: 97 bought or addedQ3 23: 73 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229764
Q1 20237983
Q2 20237773
Q3 20239773

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ4 22 calls: $31.6mQ4 22 puts: $2.7mQ4 22P/C 0.08Q1 23 calls: $5.1mQ1 23 puts: $834.8kQ1 23P/C 0.16Q2 23 calls: $11.4mQ2 23 puts: $729.2kQ2 23P/C 0.06Q3 23 calls: $14.9mQ3 23 puts: $1.7mQ3 23P/C 0.11
Numbers
QuarterCallsPutsP/C
Q4 2022$31.6m$2.7m0.08
Q1 2023$5.1m$834.8k0.16
Q2 2023$11.4m$729.2k0.06
Q3 2023$14.9m$1.7m0.11

Biggest buyers

SOFTBANK GROUP CORP. New +9,630,090+9.6m
Legion Partners Asset Management, LLC Added +5,000,000+5.0m
JPMORGAN CHASE & CO Added +3,202,506+3.2m
Greenhouse Funds LLLP New +2,143,820+2.1m
EMG Holdings, L.P. New +2,068,200+2.1m
Honeycomb Asset Management LP New +1,850,000+1.9m
BlackRock Inc. Added +1,133,297+1.1m
Murchinson Ltd. New +815,274+815.3k
MORGAN STANLEY Added +582,272+582.3k
D. E. Shaw & Co., Inc. Added +534,468+534.5k

Biggest sellers

Mudrick Capital Management, L.P. Reduced -9,831,261-9.8m
CITADEL ADVISORS LLC Reduced -2,712,231-2.7m
Cubist Systematic Strategies, LLC Reduced -1,148,005-1.1m
GOLDMAN SACHS GROUP INC Reduced -1,067,270-1.1m
Qube Research & Technologies Ltd Sold out -1,058,441-1.1m
Nuveen Asset Management, LLC Reduced -1,010,597-1.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -770,507-770.5k
MARSHALL WACE, LLP Reduced -665,131-665.1k
TWO SIGMA ADVISERS, LP Reduced -630,300-630.3k
XTX Topco Ltd Sold out -612,444-612.4k

Biggest calls

Greenhouse Funds LLLP New $6.5m5.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.5m3.4m shares
GROUP ONE TRADING LLC Added $1.2m933.7k shares
CITIGROUP INC New $1.2m900.0k shares
GTS SECURITIES LLC New $343.9k262.5k shares
JANE STREET GROUP, LLC Added $334.8k255.6k shares
SIMPLEX TRADING, LLC Reduced $271.0k207.4k shares
CITADEL ADVISORS LLC Reduced $215.2k164.3k shares
SYMMETRY PEAK MANAGEMENT LLC New $170.3k130.0k shares
Parallax Volatility Advisers, L.P. Unchanged $133.5k101.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $670.9k512.1k shares
CITADEL ADVISORS LLC Added $407.5k311.1k shares
SIMPLEX TRADING, LLC Added $269.0k205.6k shares
GROUP ONE TRADING LLC Added $202.1k154.3k shares
JANE STREET GROUP, LLC New $99.8k76.2k shares
GTS SECURITIES LLC New $24.9k19.0k shares
HAP Trading, LLC New $1.5k16.0k shares
HighTower Advisors, LLC Reduced $16010 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Added $06.6k 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 69,192,13469.2m $90.6m $90.6m 0.00% Added +418.0k +418,008
2 BlackRock Inc. 0.00% of their portfolio New York, NY 47,996,17948.0m $62.9m $62.9m 0.00% Added +1.1m +1,133,297
3 Mudrick Capital Management, L.P. 16.93% of their portfolio NEW YORK, NY 43,918,41843.9m $57.5m $57.5m 16.93% Reduced -9.8m -9,831,261
4 BECK MACK & OLIVER LLC 0.63% of their portfolio NEW YORK, NY 18,486,60018.5m $24.2m $24.2m 0.63% Reduced -129.0k -129,000
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 14,930,77714.9m $19.6m $19.6m 0.00% Reduced -201.5k -201,514
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 13,987,30714.0m $18.3m $18.3m 0.00% Added +461.0k +461,011
7 SOFTBANK GROUP CORP. 0.07% of their portfolio TOKYO, M0 9,630,0909.6m $12.6m $12.6m 0.07% New
8 PLUSTICK MANAGEMENT LLC 9.78% of their portfolio CHARLOTTESVILLE, VA 9,499,0009.5m $12.4m $12.4m 9.78% Reduced -501.0k -501,000
9 Legion Partners Asset Management, LLC 2.74% of their portfolio Los Angeles, CA 6,835,0006.8m $9.0m $9.0m 2.74% Added +5.0m +5,000,000
10 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 6,188,2536.2m $8.1m $8.1m 0.00% Reduced -248.0k -247,968
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 5,432,9795.4m $7.1m $7.1m 0.00% Added +157.7k +157,706
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,079,2585.1m $6.7m $6.7m 0.00% Added +3.2m +3,202,506
13 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 4,386,0154.4m $5.7m $5.7m 0.00% Reduced -1.0m -1,010,597
14 FMR LLC 0.00% of their portfolio BOSTON, MA 3,375,7193.4m $4.4m $4.4m 0.00% Added +10.5k +10,491
15 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 2,405,8042.4m $3.2m $3.2m 0.00% Reduced -121.2k -121,169
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,402,5862.4m $3.1m $3.1m 0.00% Added +65.9k +65,866
17 Magnus Financial Group LLC 0.44% of their portfolio NEW YORK, NY 2,294,2572.3m $3.0m $3.0m 0.44% Added +5.7k +5,735
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,263,1042.3m $3.0m $3.0m 0.00% Reduced -9.0k -8,969
19 Greenhouse Funds LLLP 0.22% of their portfolio BALTIMORE, MD 2,143,8202.1m $2.8m $2.8m 0.22% New
20 EMG Holdings, L.P. 2.10% of their portfolio OLD GREENWICH, CT 2,068,2002.1m $2.7m $2.7m 2.10% New
21 683 Capital Management, LLC 0.27% of their portfolio NEW YORK, NY 2,000,0002.0m $2.6m $2.6m 0.27% Unchanged
22 Robertson Stephens Wealth Management, LLC 0.17% of their portfolio San Francisco, CA 1,946,0001.9m $2.5m $2.5m 0.17% Added +253.0k +253,000
23 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,916,8851.9m $2.5m $2.5m 0.00% Added +534.5k +534,468
24 Honeycomb Asset Management LP 0.59% of their portfolio NEW YORK, NY 1,850,0001.9m $2.4m $2.4m 0.59% New
25 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,594,1541.6m $2.1m $2.1m 0.00% Added +17.0k +17,000
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,569,6251.6m $2.1m $2.1m 0.00% Reduced -1.1m -1,067,270
27 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 1,429,9291.4m $1.9m $1.9m 0.00% Added +106.6k +106,555
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,378,8641.4m $1.8m $1.8m 0.00% Added +582.3k +582,272
29 Penserra Capital Management LLC 0.04% of their portfolio ORINDA, CA 1,330,7111.3m $1.7m $1.7m 0.04% Reduced -534.0k -533,979
30 Linden Thomas Advisory Services, LLC 0.33% of their portfolio Charlotte, NC 1,142,1521.1m $1.5m $1.5m 0.33% Reduced -1.9k -1,898
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,123,7871.1m $1.5m $1.5m 0.00% Added +221.9k +221,882
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,089,1031.1m $1.4m $1.4m 0.00% Added +46.4k +46,350
33 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 951,305951.3k $1.2m $1.2m 0.00% Added +5.3k +5,318
34 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 850,000850.0k $1.1m $1.1m 0.00% Reduced -26.0k -26,000
35 Murchinson Ltd. 0.16% of their portfolio TORONTO, A6 815,274815.3k $1.1m $1.1m 0.16% New
36 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 793,407793.4k $1.0m $1.0m 0.00% Reduced -73.6k -73,615
37 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 774,320774.3k $1.0m $1.0m 0.00% Reduced -38.7k -38,708
38 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 745,280745.3k $976.3k $976.3k 0.00% Reduced -96.7k -96,734
39 Legal & General Group Plc 0.00% of their portfolio London, X0 730,285730.3k $956.7k $956.7k 0.00% Added +82.4k +82,421
40 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 683,612683.6k $895.5k $895.5k 0.00% Reduced -665.1k -665,131
41 Trellus Management Company, LLC 1.73% of their portfolio Delray Beach, FL 682,100682.1k $893.6k $893.6k 1.73% Reduced -17.9k -17,900
42 Merrion Investment Management Co, LLC 0.76% of their portfolio Cranford, NJ 666,261666.3k $872.8k $872.8k 0.76% Unchanged
43 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 658,260658.3k $862.3k $862.3k 0.00% Added +12.4k +12,360
44 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 645,703645.7k $846.0k $846.0k 0.00% Added +8.0k +8,034
45 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 625,210625.2k $819.0k $819.0k 0.00% Added +49.6k +49,562
46 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 597,858597.9k $783.2k $783.2k 0.00% Added +286.2k +286,183
47 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 511,880511.9k $673.1k $673.1k 0.01% New
48 HOHIMER WEALTH MANAGEMENT, LLC 0.19% of their portfolio SEATTLE, WA 501,200501.2k $656.6k $656.6k 0.19% Added +1.2k +1,200
49 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 460,341460.3k $603.0k $603.0k 0.00% Reduced -76.2k -76,178
50 Curbstone Financial Management Corp 0.14% of their portfolio MANCHESTER, NH 444,000444.0k $581.6k $581.6k 0.14% Added +20.0k +20,000
51 Vident Advisory, LLC 0.02% of their portfolio Alpharetta, GA 438,493438.5k $574.4k $574.4k 0.02% First filing
52 ASHFORD CAPITAL MANAGEMENT INC 0.08% of their portfolio WILMINGTON, DE 420,000420.0k $550.2k $550.2k 0.08% New
53 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 407,637407.6k $534.0k $534.0k 0.02% New
54 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 397,211397.2k $520.3k $520.3k 0.00% Reduced -53.7k -53,693
55 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 394,486394.5k $516.8k $516.8k 0.00% Added +85.3k +85,284
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 382,670382.7k $501.3k $501.3k 0.00% Added +47.2k +47,216
57 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 363,269363.3k $475.9k $475.9k 0.00% Added +3.3k +3,269
58 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 359,520359.5k $471.0k $471.0k 0.02% Added +20.2k +20,155
59 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 359,228359.2k $470.6k $470.6k 0.00% Unchanged
60 COWEN AND COMPANY, LLC 0.03% of their portfolio NEW YORK, NY 350,000350.0k $458.5k $458.5k 0.03% Added +189.0k +189,000
61 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 347,300347.3k $455.0k $455.0k 0.00% Reduced -630.3k -630,300
62 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 344,653344.7k $451.5k $451.5k 0.00% Added +12.3k +12,254
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 323,243323.2k $423.4k $423.4k 0.00% Reduced -294.8k -294,824
64 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 309,153309.2k $405.0k $405.0k 0.00% Reduced -30 -30
65 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 289,594289.6k $379.0k $379.0k 0.00% Reduced -33.7k -33,689
66 Saltoro Capital, LP 0.96% of their portfolio DALLAS, TX 285,000285.0k $373.4k $373.4k 0.96% New
67 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 274,051274.1k $359.0k $359.0k 0.00% Reduced -8.5k -8,509
68 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 273,202273.2k $357.9k $357.9k 0.00% Reduced -100.0k -100,001
69 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 259,667259.7k $340.2k $340.2k 0.00% Reduced -770.5k -770,507
70 AtonRa Partners 0.69% of their portfolio GENEVA, V8 252,925252.9k $331.3k $331.3k 0.69% Reduced -79.4k -79,436
71 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 249,550249.6k $326.9k $326.9k 0.00% Added +140 +140
72 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 236,970237.0k $310.4k $310.4k 0.04% Reduced -61.4k -61,378
73 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 223,895223.9k $293.3k $293.3k 0.00% Added +13.7k +13,740
74 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 211,413211.4k $276.0k $276.0k 0.01% New
75 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 206,503206.5k $270.5k $270.5k 0.00% Added +3.0k +3,033
76 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 201,027201.0k $263.3k $263.3k 0.00% Reduced -66.4k -66,444
77 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 190,799190.8k $249.9k $249.9k 0.02% Added +70.5k +70,496
78 Intellectus Partners, LLC 0.07% of their portfolio SAN FRANCISCO, CA 179,210179.2k $234.8k $234.8k 0.07% Unchanged
79 CATALYST FINANCIAL PARTNERS LLC 0.07% of their portfolio BOSTON, MA 163,687163.7k $214.4k $214.4k 0.07% Unchanged
80 State of Wyoming 0.04% of their portfolio CHEYENNE, WY 158,975159.0k $208.3k $208.3k 0.04% New
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 154,031154.0k $201.8k $201.8k 0.00% Reduced -141.2k -141,246
82 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 153,830153.8k $201.5k $201.5k 0.01% Added +141.0k +141,000
83 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 148,776148.8k $194.9k $194.9k 0.00% New
84 Arista Wealth Management, LLC 0.08% of their portfolio Las Vegas, NV 147,704147.7k $193.5k $193.5k 0.08% Unchanged
85 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 143,829143.8k $188.4k $188.4k 0.00% Added +5.0k +5,000
86 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 140,843140.8k $184.5k $184.5k 0.00% Added +28.3k +28,274
87 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 133,028133.0k $174.3k $174.3k 0.00% Reduced -1.1m -1,148,005
88 BRIGHTON JONES LLC 0.01% of their portfolio SEATTLE, WA 128,800128.8k $168.7k $168.7k 0.01% Added +3.8k +3,800
89 OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio FORT LAUDERDALE, FL 126,582126.6k $165.8k $165.8k 0.02% Unchanged
90 HighMark Wealth Management LLC 0.13% of their portfolio ST. PAUL, MN 123,500123.5k $161.8k $161.8k 0.13% Reduced -50.0k -50,000
91 Diametric Capital, LP 0.07% of their portfolio BOSTON, MA 121,531121.5k $159.2k $159.2k 0.07% New
92 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 118,447118.4k $155.2k $155.2k 0.00% Unchanged
93 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 117,164117.2k $153.5k $153.5k 0.00% Unchanged
94 BOSTON FAMILY OFFICE LLC 0.01% of their portfolio BOSTON, MA 110,000110.0k $144.0k $144.0k 0.01% Unchanged
95 LAKE STREET PRIVATE WEALTH, LLC 0.02% of their portfolio CHICAGO, IL 106,918106.9k $131.5k $131.5k 0.02% Added +30.5k +30,473
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 100,934100.9k $132.0k $132.0k 0.00% Added +54.4k +54,391
97 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 100,857100.9k $132.0k $132.0k 0.00% Unchanged
98 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 98,62298.6k $129.2k $129.2k 0.00% First filing
99 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 94,90694.9k $123.0k $123.0k 0.00% Added +60.2k +60,207
100 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 89,71689.7k $117.5k $117.5k 0.00% Reduced -102 -102