Vault-13

GLOBALSTAR INC

COM · CUSIP 378973408

214 institutional holders +11 vs Q3 2023
363,009,452363.0m shares reported held*
$704.2mreported value*
23 new 67 added 57 reduced 20 sold out net bought ≈ $75.6m (+39.0m 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 ≈ $1.94. Options: 15 managers hold calls ($29.6m notional), 10 hold puts ($2.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 190Q4 22: 205Q1 23: 203Q2 23: 189Q3 23: 203Q4 23: 214214Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022190
Q4 2022205
Q1 2023203
Q2 2023189
Q3 2023203
Q4 2023214

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 23Q4 23: 90 bought or addedQ4 23: 77 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229764
Q1 20237983
Q2 20237773
Q3 20239773
Q4 20239077

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 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 0.11Q4 23 calls: $29.6mQ4 23 puts: $2.4mQ4 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q1 2023$5.1m$834.8k0.16
Q2 2023$11.4m$729.2k0.06
Q3 2023$14.9m$1.7m0.11
Q4 2023$29.6m$2.4m0.08

Biggest buyers

Greenhouse Funds LLLP Added +10,351,742+10.4m
ROYCE & ASSOCIATES LP New +10,243,955+10.2m
Anson Funds Management LP New +7,806,344+7.8m
BlackRock Inc. Added +4,255,361+4.3m
MORGAN STANLEY Added +3,680,500+3.7m
VANGUARD GROUP INC Added +2,547,398+2.5m
BARCLAYS PLC Added +2,354,617+2.4m
Wolf Hill Capital Management, LP New +2,228,663+2.2m
FIRST TRUST ADVISORS LP New +1,849,064+1.8m
LOCUST WOOD CAPITAL ADVISERS, LLC New +1,427,396+1.4m

Biggest sellers

SOFTBANK GROUP CORP. Reduced -4,815,045-4.8m
Mudrick Capital Management, L.P. Reduced -2,440,121-2.4m
RENAISSANCE TECHNOLOGIES LLC Sold out -1,429,929-1.4m
Legion Partners Asset Management, LLC Reduced -1,390,000-1.4m
JPMORGAN CHASE & CO Reduced -1,186,290-1.2m
EMG Holdings, L.P. Reduced -1,000,000-1.0m
Murchinson Ltd. Sold out -815,274-815.3k
MARSHALL WACE, LLP Sold out -683,612-683.6k
Nuveen Asset Management, LLC Reduced -671,221-671.2k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -407,637-407.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.4m4.3m shares
Greenhouse Funds LLLP Reduced $7.8m4.0m shares
CITIGROUP INC Added $6.8m3.5m shares
GROUP ONE TRADING LLC Added $3.0m1.6m shares
SIMPLEX TRADING, LLC Added $944.0k487.0k shares
CITADEL ADVISORS LLC Added $602.4k310.5k shares
Caption Management, LLC New $582.0k300.0k shares
GTS SECURITIES LLC Added $539.9k278.3k shares
JANE STREET GROUP, LLC Reduced $482.9k248.9k shares
Parallax Volatility Advisers, L.P. Unchanged $197.7k101.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $950.4k489.9k shares
SIMPLEX TRADING, LLC Added $535.0k275.8k shares
GROUP ONE TRADING LLC Added $527.9k272.1k shares
CITADEL ADVISORS LLC Reduced $232.0k119.6k shares
GTS SECURITIES LLC Added $92.2k47.5k shares
JANE STREET GROUP, LLC Reduced $24.6k12.7k shares
HighTower Advisors, LLC Added $9.8k18.9k shares
HAP Trading, LLC Reduced $25315.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 71,739,53271.7m $139.2m $139.2m 0.00% Added +2.5m +2,547,398
2 BlackRock Inc. 0.00% of their portfolio New York, NY 52,251,54052.3m $101.4m $101.4m 0.00% Added +4.3m +4,255,361
3 Mudrick Capital Management, L.P. 18.03% of their portfolio NEW YORK, NY 41,478,29741.5m $80.5m $80.5m 18.03% Reduced -2.4m -2,440,121
4 BECK MACK & OLIVER LLC 0.83% of their portfolio NEW YORK, NY 18,440,48518.4m $35.8m $35.8m 0.83% Reduced -46.1k -46,115
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,143,07516.1m $31.3m $31.3m 0.00% Added +1.2m +1,212,298
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 15,024,18415.0m $29.2m $29.2m 0.00% Added +1.0m +1,036,877
7 Greenhouse Funds LLLP 1.65% of their portfolio BALTIMORE, MD 12,495,56212.5m $24.2m $24.2m 1.65% Added +10.4m +10,351,742
8 ROYCE & ASSOCIATES LP 0.18% of their portfolio New York, NY 10,243,95510.2m $19.9m $19.9m 0.18% New
9 PLUSTICK MANAGEMENT LLC 16.44% of their portfolio CHARLOTTESVILLE, VA 9,949,0009.9m $19.3m $19.3m 16.44% Added +450.0k +450,000
10 Anson Funds Management LP 2.93% of their portfolio DALLAS, TX 7,806,3447.8m $15.1m $15.1m 2.93% New
11 Millstreet Capital Management LLC 5.79% of their portfolio BOSTON, MA 7,351,4267.4m $14.3m $14.3m 5.79% First filing
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 6,922,9286.9m $13.4m $13.4m 0.00% Added +734.7k +734,675
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 5,646,4685.6m $11.0m $11.0m 0.00% Added +213.5k +213,489
14 Legion Partners Asset Management, LLC 2.75% of their portfolio Los Angeles, CA 5,445,0005.4m $10.6m $10.6m 2.75% Reduced -1.4m -1,390,000
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,059,3645.1m $9.8m $9.8m 0.00% Added +3.7m +3,680,500
16 SOFTBANK GROUP CORP. 0.05% of their portfolio TOKYO, M0 4,815,0454.8m $9.3m $9.3m 0.05% Reduced -4.8m -4,815,045
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,892,9683.9m $7.6m $7.6m 0.00% Reduced -1.2m -1,186,290
18 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 3,714,7943.7m $7.2m $7.2m 0.00% Reduced -671.2k -671,221
19 FMR LLC 0.00% of their portfolio BOSTON, MA 3,399,9253.4m $6.6m $6.6m 0.00% Added +24.2k +24,206
20 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 3,215,4843.2m $6.2m $6.2m 0.01% Added +809.7k +809,680
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,799,8502.8m $5.4m $5.4m 0.00% Added +536.7k +536,746
22 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,677,8602.7m $5.2m $5.2m 0.00% Added +2.4m +2,354,617
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,648,6092.6m $5.1m $5.1m 0.00% Added +246.0k +246,023
24 Magnus Financial Group LLC 0.64% of their portfolio NEW YORK, NY 2,521,5902.5m $4.9m $4.9m 0.64% Added +227.3k +227,333
25 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 2,313,9682.3m $4.5m $4.5m 0.01% Added +397.1k +397,083
26 Wolf Hill Capital Management, LP 0.37% of their portfolio GREENWICH, CT 2,228,6632.2m $4.3m $4.3m 0.37% New
27 Robertson Stephens Wealth Management, LLC 0.24% of their portfolio San Francisco, CA 2,016,0002.0m $3.9m $3.9m 0.24% Added +70.0k +70,000
28 Honeycomb Asset Management LP 0.87% of their portfolio NEW YORK, NY 1,850,0001.9m $3.6m $3.6m 0.87% Unchanged
29 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 1,849,0641.8m $3.6m $3.6m 0.00% New
30 683 Capital Management, LLC 0.34% of their portfolio NEW YORK, NY 1,734,1951.7m $3.4m $3.4m 0.34% Reduced -265.8k -265,805
31 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,652,6531.7m $3.2m $3.2m 0.00% Added +83.0k +83,028
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,636,1191.6m $3.2m $3.2m 0.00% Added +512.3k +512,332
33 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,448,8541.4m $2.8m $2.8m 0.00% Reduced -145.3k -145,300
34 LOCUST WOOD CAPITAL ADVISERS, LLC 0.12% of their portfolio NEW YORK, NY 1,427,3961.4m $2.8m $2.8m 0.12% New
35 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,209,0561.2m $2.3m $2.3m 0.00% Added +434.7k +434,736
36 Penserra Capital Management LLC 0.04% of their portfolio ORINDA, CA 1,193,3791.2m $2.3m $2.3m 0.04% Reduced -137.3k -137,332
37 Linden Thomas Advisory Services, LLC 0.41% of their portfolio Charlotte, NC 1,128,9601.1m $2.2m $2.2m 0.41% Reduced -13.2k -13,192
38 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,076,9041.1m $2.1m $2.1m 0.00% Reduced -12.2k -12,199
39 EMG Holdings, L.P. 1.78% of their portfolio OLD GREENWICH, CT 1,068,2001.1m $2.1m $2.1m 1.78% Reduced -1.0m -1,000,000
40 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 963,303963.3k $1.9m $1.9m 0.00% Added +12.0k +11,998
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 931,348931.3k $1.8m $1.8m 0.00% Added +730.3k +730,321
42 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 769,868769.9k $1.5m $1.5m 0.00% Reduced -23.5k -23,539
43 Legal & General Group Plc 0.00% of their portfolio London, X0 738,447738.4k $1.4m $1.4m 0.00% Added +8.2k +8,162
44 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 705,095705.1k $1.4m $1.4m 0.00% Reduced -40.2k -40,185
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 689,560689.6k $1.3m $1.3m 0.00% Added +31.3k +31,300
46 Merrion Investment Management Co, LLC 1.02% of their portfolio Cranford, NJ 666,261666.3k $1.3m $1.3m 1.02% Unchanged
47 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 650,432650.4k $1.3m $1.3m 0.00% Added +25.2k +25,222
48 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 650,000650.0k $1.3m $1.3m 0.00% Reduced -200.0k -200,000
49 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 642,093642.1k $1.2m $1.2m 0.00% Reduced -3.6k -3,610
50 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 638,696638.7k $1.2m $1.2m 0.00% Added +611.5k +611,477
51 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 617,370617.4k $1.2m $1.2m 0.00% Added +157.0k +157,029
52 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 560,888560.9k $1.1m $1.1m 0.03% Added +407.1k +407,058
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 546,270546.3k $1.1m $1.1m 0.00% Added +286.6k +286,603
54 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 518,806518.8k $1.0m $1.0m 0.00% Reduced -79.1k -79,052
55 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 513,157513.2k $995.5k $995.5k 0.01% Added +380.1k +380,129
56 Curbstone Financial Management Corp 0.20% of their portfolio MANCHESTER, NH 444,000444.0k $861.4k $861.4k 0.20% Unchanged
57 ASHFORD CAPITAL MANAGEMENT INC 0.11% of their portfolio WILMINGTON, DE 425,500425.5k $825.5k $825.5k 0.11% Added +5.5k +5,500
58 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 400,578400.6k $777.1k $777.1k 0.00% Added +6.1k +6,092
59 Vident Advisory, LLC 0.02% of their portfolio Alpharetta, GA 392,211392.2k $760.9k $760.9k 0.02% Reduced -46.3k -46,282
60 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 384,137384.1k $745.2k $745.2k 0.00% Added +1.5k +1,467
61 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 360,000360.0k $698.4k $698.4k 0.00% Reduced -3.3k -3,269
62 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 359,228359.2k $696.9k $696.9k 0.01% Unchanged
63 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 348,364348.4k $675.8k $675.8k 0.00% Added +3.7k +3,711
64 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 338,500338.5k $656.7k $656.7k 0.00% Reduced -8.8k -8,800
65 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 308,797308.8k $600.6k $600.6k 0.00% Reduced -356 -356
66 Saltoro Capital, LP 2.12% of their portfolio DALLAS, TX 285,000285.0k $552.9k $552.9k 2.12% Unchanged
67 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 279,196279.2k $541.6k $541.6k 0.00% Added +191.2k +191,164
68 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 249,550249.6k $484.1k $484.1k 0.00% Unchanged
69 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 248,933248.9k $482.9k $482.9k 0.00% Reduced -25.1k -25,118
70 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 247,379247.4k $480.0k $480.0k 0.00% Reduced -42.2k -42,215
71 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 246,519246.5k $478.2k $478.2k 0.00% Added +22.6k +22,624
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 237,705237.7k $461.0k $461.0k 0.00% Added +136.8k +136,771
73 HOHIMER WEALTH MANAGEMENT, LLC 0.12% of their portfolio SEATTLE, WA 236,200236.2k $458.2k $458.2k 0.12% Reduced -265.0k -265,000
74 AtonRa Partners 0.85% of their portfolio GENEVA, V8 218,800218.8k $424.5k $424.5k 0.85% Reduced -34.1k -34,125
75 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 205,508205.5k $398.7k $398.7k 0.00% Reduced -995 -995
76 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 199,417199.4k $386.9k $386.9k 0.00% Added +45.4k +45,386
77 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 198,443198.4k $385.0k $385.0k 0.04% Reduced -38.5k -38,527
78 Intellectus Partners, LLC 0.11% of their portfolio SAN FRANCISCO, CA 188,210188.2k $365.1k $365.1k 0.11% Added +9.0k +9,000
79 Andrew Hill Investment Advisors, Inc. 0.37% of their portfolio NAPLES, FL 185,395185.4k $359.7k $359.7k 0.37% First filing
80 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 176,025176.0k $341.5k $341.5k 0.00% Added +35.2k +35,182
81 SYMMETRY PEAK MANAGEMENT LLC 1.30% of their portfolio Radnor, PA 172,900172.9k $335.4k $335.4k 1.30% Added +147.9k +147,900
82 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 172,874172.9k $336.2k $336.2k 0.01% Reduced -339.0k -339,006
83 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 167,200167.2k $324.4k $324.4k 0.00% New
84 CATALYST FINANCIAL PARTNERS LLC 0.09% of their portfolio BOSTON, MA 163,687163.7k $317.6k $317.6k 0.09% Unchanged
85 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 161,149161.1k $312.0k $312.0k 0.01% Reduced -50.3k -50,264
86 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 148,836148.8k $288.7k $288.7k 0.00% Added +60 +60
87 Arista Wealth Management, LLC 0.10% of their portfolio Las Vegas, NV 147,704147.7k $286.5k $286.5k 0.10% Unchanged
88 HighMark Wealth Management LLC 0.21% of their portfolio ST. PAUL, MN 143,500143.5k $278.4k $278.4k 0.21% Added +20.0k +20,000
89 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 136,154136.2k $264.1k $264.1k 0.02% Reduced -54.6k -54,645
90 BRIGHTON JONES LLC 0.01% of their portfolio SEATTLE, WA 125,000125.0k $242.5k $242.5k 0.01% Reduced -3.8k -3,800
91 OCCUDO QUANTITATIVE STRATEGIES LP 0.03% of their portfolio FORT LAUDERDALE, FL 120,991121.0k $234.7k $234.7k 0.03% Reduced -5.6k -5,591
92 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 118,447118.4k $229.8k $229.8k 0.00% Unchanged
93 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 117,164117.2k $227.9k $227.9k 0.00% Unchanged
94 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 116,008116.0k $225.1k $225.1k 0.00% Added +26.3k +26,292
95 BOSTON FAMILY OFFICE LLC 0.02% of their portfolio BOSTON, MA 110,000110.0k $213.0k $213.0k 0.02% Unchanged
96 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 103,187103.2k $200.2k $200.2k 0.00% Added +50.5k +50,539
97 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 102,178102.2k $198.2k $198.2k 0.00% Added +29.0k +28,986
98 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 93,72493.7k $182.0k $182.0k 0.00% Reduced -7.1k -7,133
99 LAKE STREET PRIVATE WEALTH, LLC 0.03% of their portfolio CHICAGO, IL 93,19593.2k $180.8k $180.8k 0.03% Reduced -13.7k -13,723
100 State of Wyoming 0.03% of their portfolio CHEYENNE, WY 83,13583.1k $161.3k $161.3k 0.03% Reduced -75.8k -75,840