Vault-13

GLOBALSTAR INC

COM · CUSIP 378973408

220 institutional holders +6 vs Q4 2023
369,281,632369.3m shares reported held*
$542.3mreported value*
30 new 70 added 53 reduced 24 sold out net bought ≈ $9.3m (+6.5m 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 ≈ $1.47. Options: 13 managers hold calls ($11.8m notional), 8 hold puts ($2.5m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 190Q4 22: 205Q1 23: 203Q2 23: 189Q3 23: 203Q4 23: 214Q1 24: 220220Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022190
Q4 2022205
Q1 2023203
Q2 2023189
Q3 2023203
Q4 2023214
Q1 2024220

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 23Q1 24: 100 bought or addedQ1 24: 77 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229764
Q1 20237983
Q2 20237773
Q3 20239773
Q4 20239077
Q1 202410077

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 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 0.08Q1 24 calls: $11.8mQ1 24 puts: $2.5mQ1 24P/C 0.21
Numbers
QuarterCallsPutsP/C
Q2 2023$11.4m$729.2k0.06
Q3 2023$14.9m$1.7m0.11
Q4 2023$29.6m$2.4m0.08
Q1 2024$11.8m$2.5m0.21

Biggest buyers

ASHFORD CAPITAL MANAGEMENT INC Added +6,602,454+6.6m
Greenhouse Funds LLLP Added +6,168,467+6.2m
Anson Funds Management LP Added +3,028,923+3.0m
VANGUARD GROUP INC Added +1,494,552+1.5m
Wolf Hill Capital Management, LP Added +1,276,866+1.3m
PLUSTICK MANAGEMENT LLC Added +1,026,000+1.0m
Murchinson Ltd. New +1,000,000+1.0m
JPMORGAN CHASE & CO Added +934,184+934.2k
GEODE CAPITAL MANAGEMENT, LLC Added +749,038+749.0k
STATE STREET CORP Added +733,255+733.3k

Biggest sellers

Mudrick Capital Management, L.P. Reduced -9,021,418-9.0m
Honeycomb Asset Management LP Sold out -1,850,000-1.9m
MORGAN STANLEY Reduced -1,487,543-1.5m
LOCUST WOOD CAPITAL ADVISERS, LLC Sold out -1,427,396-1.4m
VOYA INVESTMENT MANAGEMENT LLC Reduced -1,369,663-1.4m
BARCLAYS PLC Reduced -1,348,214-1.3m
EMG Holdings, L.P. Sold out -1,068,200-1.1m
BANK OF AMERICA CORP /DE/ Reduced -485,128-485.1k
Cubist Systematic Strategies, LLC Reduced -435,513-435.5k
JANE STREET GROUP, LLC Reduced -416,128-416.1k

Biggest calls

CITIGROUP INC Reduced $3.6m2.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.4m2.3m shares
GROUP ONE TRADING LLC Reduced $1.8m1.2m shares
Squarepoint Ops LLC Added $1.1m714.4k shares
SIMPLEX TRADING, LLC Reduced $549.0k418.8k shares
Parallax Volatility Advisers, L.P. Added $543.9k370.0k shares
CITADEL ADVISORS LLC Added $514.8k350.2k shares
GTS SECURITIES LLC Reduced $202.0k137.4k shares
JANE STREET GROUP, LLC Reduced $93.5k63.6k shares
Caption Management, LLC Reduced $44.1k30.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.4m968.6k shares
GROUP ONE TRADING LLC Added $504.5k343.2k shares
SIMPLEX TRADING, LLC Reduced $216.0k147.4k shares
CITADEL ADVISORS LLC Added $194.6k132.4k shares
Parallax Volatility Advisers, L.P. New $147.0k100.0k shares
GTS SECURITIES LLC Reduced $28.1k19.1k shares
JANE STREET GROUP, LLC Added $22.2k15.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 73,234,08473.2m $107.7m $107.7m 0.00% Added +1.5m +1,494,552
2 BlackRock Inc. 0.00% of their portfolio New York, NY 51,977,58352.0m $76.4m $76.4m 0.00% Reduced -274.0k -273,957
3 Mudrick Capital Management, L.P. 19.23% of their portfolio NEW YORK, NY 32,456,87932.5m $47.7m $47.7m 19.23% Reduced -9.0m -9,021,418
4 Greenhouse Funds LLLP 1.73% of their portfolio BALTIMORE, MD 18,664,02918.7m $27.4m $27.4m 1.73% Added +6.2m +6,168,467
5 BECK MACK & OLIVER LLC 0.55% of their portfolio NEW YORK, NY 18,415,48518.4m $27.1m $27.1m 0.55% Reduced -25.0k -25,000
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,876,33016.9m $24.8m $24.8m 0.00% Added +733.3k +733,255
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 15,773,22215.8m $23.2m $23.2m 0.00% Added +749.0k +749,038
8 PLUSTICK MANAGEMENT LLC 15.36% of their portfolio CHARLOTTESVILLE, VA 10,975,00011.0m $16.1m $16.1m 15.36% Added +1.0m +1,026,000
9 Anson Funds Management LP 1.14% of their portfolio DALLAS, TX 10,835,26710.8m $15.9m $15.9m 1.14% Added +3.0m +3,028,923
10 ROYCE & ASSOCIATES LP 0.13% of their portfolio New York, NY 10,243,95510.2m $15.1m $15.1m 0.13% Unchanged
11 Millstreet Capital Management LLC 4.17% of their portfolio BOSTON, MA 7,351,4267.4m $10.8m $10.8m 4.17% Unchanged
12 ASHFORD CAPITAL MANAGEMENT INC 1.40% of their portfolio WILMINGTON, DE 7,027,9547.0m $10.3m $10.3m 1.40% Added +6.6m +6,602,454
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 6,873,9846.9m $10.1m $10.1m 0.00% Reduced -48.9k -48,944
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 5,831,1105.8m $8.6m $8.6m 0.00% Added +184.6k +184,642
15 Legion Partners Asset Management, LLC 1.85% of their portfolio Los Angeles, CA 5,445,0005.4m $8.0m $8.0m 1.85% Unchanged
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,827,1524.8m $7.1m $7.1m 0.00% Added +934.2k +934,184
17 SOFTBANK GROUP CORP. 0.04% of their portfolio TOKYO, M0 4,815,0454.8m $7.1m $7.1m 0.04% Unchanged
18 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 3,692,2683.7m $5.4m $5.4m 0.00% Reduced -22.5k -22,526
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,571,8213.6m $5.3m $5.3m 0.00% Reduced -1.5m -1,487,543
20 Wolf Hill Capital Management, LP 0.34% of their portfolio GREENWICH, CT 3,505,5293.5m $5.2m $5.2m 0.34% Added +1.3m +1,276,866
21 FMR LLC 0.00% of their portfolio BOSTON, MA 3,396,6263.4m $5.0m $5.0m 0.00% Reduced -3.3k -3,299
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,873,0192.9m $4.2m $4.2m 0.00% Added +73.2k +73,169
23 Magnus Financial Group LLC 0.46% of their portfolio NEW YORK, NY 2,657,7962.7m $3.9m $3.9m 0.46% Added +136.2k +136,206
24 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 2,572,0702.6m $3.8m $3.8m 0.00% Added +258.1k +258,102
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,483,8192.5m $3.7m $3.7m 0.00% Reduced -164.8k -164,790
26 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 2,399,7212.4m $3.5m $3.5m 0.00% Added +550.7k +550,657
27 Robertson Stephens Wealth Management, LLC 0.18% of their portfolio San Francisco, CA 2,223,0002.2m $3.3m $3.3m 0.18% Added +207.0k +207,000
28 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 1,845,8211.8m $2.7m $2.7m 0.00% Reduced -1.4m -1,369,663
29 683 Capital Management, LLC 0.26% of their portfolio NEW YORK, NY 1,734,1951.7m $2.5m $2.5m 0.26% Unchanged
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,729,8321.7m $2.5m $2.5m 0.00% Added +77.2k +77,179
31 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,500,5541.5m $2.2m $2.2m 0.00% Added +51.7k +51,700
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,329,6461.3m $2.0m $2.0m 0.00% Reduced -1.3m -1,348,214
33 Penserra Capital Management LLC 0.02% of their portfolio ORINDA, CA 1,306,2211.3m $1.9m $1.9m 0.02% Added +112.8k +112,842
34 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,240,5151.2m $1.8m $1.8m 0.00% Added +31.5k +31,459
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,150,9911.2m $1.7m $1.7m 0.00% Reduced -485.1k -485,128
36 Linden Thomas Advisory Services, LLC 0.27% of their portfolio Charlotte, NC 1,146,9871.1m $1.7m $1.7m 0.27% Added +18.0k +18,027
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,079,4041.1m $1.6m $1.6m 0.00% Added +2.5k +2,500
38 Murchinson Ltd. 0.16% of their portfolio TORONTO, A6 1,000,0001.0m $1.5m $1.5m 0.16% New
39 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 993,340993.3k $1.5m $1.5m 0.00% Added +30.0k +30,037
40 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 811,758811.8k $819.9k $819.9k 0.00% Added +106.7k +106,663
41 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 756,299756.3k $1.1m $1.1m 0.00% Reduced -13.6k -13,569
42 Legal & General Group Plc 0.00% of their portfolio London, X0 738,447738.4k $1.1m $1.1m 0.00% Unchanged
43 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 715,360715.4k $1.1m $1.1m 0.00% Added +25.8k +25,800
44 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 697,461697.5k $1.0m $1.0m 0.00% Added +55.4k +55,368
45 Merrion Investment Management Co, LLC 0.70% of their portfolio Cranford, NJ 666,261666.3k $979.4k $979.4k 0.70% Unchanged
46 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 617,370617.4k $907.5k $907.5k 0.00% Unchanged
47 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 586,606586.6k $862.3k $862.3k 0.00% Added +67.8k +67,800
48 Eisler Capital (US) LLC 0.26% of their portfolio NEW YORK, NY 522,734522.7k $768.4k $768.4k 0.26% New
49 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 515,220515.2k $757.4k $757.4k 0.00% Reduced -416.1k -416,128
50 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 500,000500.0k $735.0k $735.0k 0.02% New
51 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 500,000500.0k $735.0k $735.0k 0.00% Reduced -150.0k -150,000
52 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 475,127475.1k $698.4k $698.4k 0.00% Reduced -175.3k -175,305
53 Curbstone Financial Management Corp 0.14% of their portfolio MANCHESTER, NH 444,000444.0k $652.7k $652.7k 0.14% Unchanged
54 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 440,951441.0k $648.2k $648.2k 0.00% Added +40.4k +40,373
55 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 428,579428.6k $630.0k $630.0k 0.01% Added +36.4k +36,368
56 HARBOR CAPITAL ADVISORS, INC. 0.08% of their portfolio CHICAGO, IL 426,114426.1k $626.0k $626.0k 0.08% New
57 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 418,536418.5k $615.2k $615.2k 0.00% Added +34.4k +34,399
58 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 416,145416.1k $611.7k $611.7k 0.00% Added +334.9k +334,860
59 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 405,608405.6k $596.2k $596.2k 0.00% Reduced -140.7k -140,662
60 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 371,407371.4k $546.0k $546.0k 0.00% Added +327.6k +327,636
61 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 362,979363.0k $533.6k $533.6k 0.00% Reduced -275.7k -275,717
62 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 361,000361.0k $530.7k $530.7k 0.00% Added +1.0k +1,000
63 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 357,070357.1k $524.9k $524.9k 0.00% Added +8.7k +8,706
64 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 348,695348.7k $512.6k $512.6k 0.00% New
65 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 344,987345.0k $507.1k $507.1k 0.00% Reduced -14.2k -14,241
66 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 319,390319.4k $470.0k $470.0k 0.01% Added +276.5k +276,469
67 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 308,923308.9k $451.1k $451.1k 0.00% Added +126 +126
68 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 300,716300.7k $442.0k $442.0k 0.00% Added +53.3k +53,337
69 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 268,800268.8k $395.1k $395.1k 0.00% Reduced -69.7k -69,700
70 New York Life Investment Management LLC 0.00% of their portfolio New York, NY 264,135264.1k $388.3k $388.3k 0.00% New
71 Intellectus Partners, LLC 0.10% of their portfolio SAN FRANCISCO, CA 255,510255.5k $375.6k $375.6k 0.10% Added +67.3k +67,300
72 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 249,410249.4k $289.3k $289.3k 0.00% Reduced -140 -140
73 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 248,438248.4k $365.2k $365.2k 0.04% Added +50.0k +49,995
74 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 246,140246.1k $361.8k $361.8k 0.00% Reduced -379 -379
75 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 244,929244.9k $360.0k $360.0k 0.00% Reduced -4.0k -4,004
76 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 231,803231.8k $340.8k $340.8k 0.00% Added +32.4k +32,386
77 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 208,866208.9k $307.0k $307.0k 0.00% Added +3.4k +3,358
78 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 186,837186.8k $271.0k $271.0k 0.00% Added +135.6k +135,635
79 NATIXIS 0.00% of their portfolio PARIS, I0 182,603182.6k $268.4k $268.4k 0.00% New
80 CATALYST FINANCIAL PARTNERS LLC 0.06% of their portfolio BOSTON, MA 181,317181.3k $233.9k $233.9k 0.06% Added +17.6k +17,630
81 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 156,762156.8k $230.4k $230.4k 0.00% New
82 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 156,429156.4k $230.0k $230.0k 0.00% New
83 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 155,150155.2k $228.1k $228.1k 0.00% Reduced -20.9k -20,875
84 Crossmark Global Holdings, Inc. 0.00% of their portfolio HOUSTON, TX 155,003155.0k $228.0k $228.0k 0.00% New
85 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 153,830153.8k $201.5k $201.5k 0.01% Reduced -407.1k -407,058
86 Centiva Capital, LP 0.01% of their portfolio New York, NY 150,000150.0k $220.5k $220.5k 0.01% New
87 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 148,825148.8k $218.8k $218.8k 0.00% Reduced -11 -11
88 HighMark Wealth Management LLC 0.14% of their portfolio ST. PAUL, MN 148,500148.5k $218.3k $218.3k 0.14% Added +5.0k +5,000
89 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 130,174130.2k $191.4k $191.4k 0.00% Added +14.2k +14,166
90 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 118,447118.4k $174.1k $174.1k 0.00% Unchanged
91 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 117,164117.2k $171.1k $171.1k 0.00% Unchanged
92 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 116,607116.6k $171.4k $171.4k 0.00% Added +13.4k +13,420
93 BOSTON FAMILY OFFICE LLC 0.01% of their portfolio BOSTON, MA 110,000110.0k $162.0k $162.0k 0.01% Unchanged
94 BRIGHTON JONES LLC 0.01% of their portfolio SEATTLE, WA 110,000110.0k $161.7k $161.7k 0.01% Reduced -15.0k -15,000
95 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 99,53899.5k $146.3k $146.3k 0.00% Reduced -2.6k -2,640
96 State of Wyoming 0.02% of their portfolio CHEYENNE, WY 97,51997.5k $143.4k $143.4k 0.02% Added +14.4k +14,384
97 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 96,23496.2k $141.5k $141.5k 0.00% Added +37.3k +37,333
98 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 93,35393.4k $137.2k $137.2k 0.00% Added +38.2k +38,225
99 LAKE STREET PRIVATE WEALTH, LLC 0.02% of their portfolio CHICAGO, IL 93,19593.2k $137.0k $137.0k 0.02% Unchanged
100 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 84,55884.6k $124.3k $124.3k 0.00% Added +5.2k +5,250