GLOBALSTAR INC
COM · CUSIP 378973408
219
institutional holders
+12 vs Q2 2024
387.8m
shares reported held*
$480.9mreported value*
37 new
63 added
47 reduced
28 sold out
net bought ≈ $1.0m (+907.6k 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 ≈ $1.24. Options: 13 managers hold calls ($9.1m notional), 12 hold puts ($3.4m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 190 |
| Q4 2022 | 205 |
| Q1 2023 | 203 |
| Q2 2023 | 189 |
| Q3 2023 | 203 |
| Q4 2023 | 214 |
| Q1 2024 | 220 |
| Q2 2024 | 207 |
| Q3 2024 | 219 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 97 | 64 |
| Q1 2023 | 79 | 83 |
| Q2 2023 | 77 | 73 |
| Q3 2023 | 97 | 73 |
| Q4 2023 | 90 | 77 |
| Q1 2024 | 100 | 77 |
| Q2 2024 | 83 | 87 |
| Q3 2024 | 100 | 75 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $29.6m | $2.4m | 0.08 |
| Q1 2024 | $11.8m | $2.5m | 0.21 |
| Q2 2024 | $9.2m | $1.8m | 0.20 |
| Q3 2024 | $9.1m | $3.4m | 0.38 |
Biggest buyers
| Wolf Hill Capital Management, LP | Added | +3.7m |
| CITADEL ADVISORS LLC | Added | +2.5m |
| MILLENNIUM MANAGEMENT LLC | New | +1.6m |
| D. E. Shaw & Co., Inc. | Added | +1.3m |
| HRT FINANCIAL LP | New | +1.2m |
| JPMORGAN CHASE & CO | Added | +1.2m |
| MORGAN STANLEY | Added | +1.2m |
| FMR LLC | Added | +1.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.1m |
| BANK OF AMERICA CORP /DE/ | Added | +982.9k |
Biggest sellers
| ROYCE & ASSOCIATES LP | Reduced | -5.5m |
| SOFTBANK GROUP CORP. | Reduced | -4.8m |
| Legion Partners Asset Management, LLC | Reduced | -3.5m |
| Mudrick Capital Management, L.P. | Reduced | -1.4m |
| UBS Group AG | Reduced | -1.3m |
| BECK MACK & OLIVER LLC | Reduced | -968.5k |
| FIRST TRUST ADVISORS LP | Sold out | -922.4k |
| PLUSTICK MANAGEMENT LLC | Reduced | -770.0k |
| Bank of New York Mellon Corp | Reduced | -604.2k |
| Corient Private Wealth LP | Reduced | -593.6k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $2.2m1.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m1.3m shares |
| Squarepoint Ops LLC | Added | $1.2m994.4k shares |
| CITIGROUP INC | Reduced | $1.2m981.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $815.4k662.9k shares |
| Caption Management, LLC | Added | $802.3k647.0k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $458.8k370.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $381.0k307.8k shares |
| CITADEL ADVISORS LLC | Added | $150.4k121.3k shares |
| JANE STREET GROUP, LLC | Added | $133.2k107.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $970.4k782.6k shares |
| Caption Management, LLC | Added | $496.0k400.0k shares |
| GROUP ONE TRADING LLC | Added | $436.6k352.1k shares |
| IMC-Chicago, LLC | New | $346.1k279.1k shares |
| SIMPLEX TRADING, LLC | Added | $319.0k258.0k shares |
| WOLVERINE TRADING, LLC | Added | $265.2k215.6k shares |
| CITADEL ADVISORS LLC | Added | $261.6k211.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $151.9k122.5k shares |
| Walleye Trading LLC | New | $124.0k100.0k shares |
| JANE STREET GROUP, LLC | New | $34.2k27.6k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 74.8m $92.7m | Added +876.1k |
| BlackRock, Inc. 0.00% of their portfolio | 54.7m $67.9m | First filing |
| Mudrick Capital Management, L.P. 23.92% of their portfolio | 31.0m $38.5m | Reduced -1.4m |
| Greenhouse Funds LLLP 1.42% of their portfolio | 23.2m $28.8m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 17.6m $21.8m | Added +580.3k |
| BECK MACK & OLIVER LLC 0.42% of their portfolio | 17.5m $21.8m | Reduced -968.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 16.8m $20.9m | Added +382.3k |
| Anson Funds Management LP 2.79% of their portfolio | 16.5m $20.5m | Reduced -15.8k |
| PLUSTICK MANAGEMENT LLC 8.70% of their portfolio | 9.2m $11.5m | Reduced -770.0k |
| Millstreet Capital Management LLC 3.13% of their portfolio | 7.4m $9.1m | Unchanged |
| ASHFORD CAPITAL MANAGEMENT INC 1.13% of their portfolio | 7.3m $9.1m | Reduced -70.0k |
| Wolf Hill Capital Management, LP 0.86% of their portfolio | 7.3m $9.0m | Added +3.7m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 6.7m $8.3m | Reduced -11.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 6.2m $7.7m | Added +196.6k |
| American Alpha Advisors, LLC 6.69% of their portfolio | 5.8m $7.1m | First filing |
| SOFTBANK GROUP CORP. 0.03% of their portfolio | 4.8m $6.0m | Reduced -4.8m |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 4.7m $5.8m | Reduced -5.5m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.5m $5.6m | Added +1.2m |
| FMR LLC 0.00% of their portfolio | 4.5m $5.5m | Added +1.1m |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 3.8m $4.7m | Added +1.3m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.2m $4.0m | Added +1.1m |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 3.1m $3.8m | Added +2.5m |
| Magnus Financial Group LLC 0.34% of their portfolio | 2.7m $3.4m | Added +2.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.3m $2.8m | Added +982.9k |
| Robertson Stephens Wealth Management, LLC 0.10% of their portfolio | 2.2m $2.8m | Added +30.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.2m $2.7m | Reduced -604.2k |
| MORGAN STANLEY 0.00% of their portfolio | 2.1m $2.7m | Added +1.2m |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 2.0m $2.4m | Added +127.4k |
| 683 Capital Management, LLC 0.25% of their portfolio | 1.9m $2.4m | Unchanged |
| Legion Partners Asset Management, LLC 0.95% of their portfolio | 1.9m $2.4m | Reduced -3.5m |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 1.9m $2.3m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.6m $2.0m | New |
| Swiss National Bank 0.00% of their portfolio | 1.5m $1.8m | Reduced -17.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.4m $1.7m | Reduced -169.5k |
| Penserra Capital Management LLC 0.04% of their portfolio | 1.3m $1.6m | Reduced -15.7k |
| BARCLAYS PLC 0.00% of their portfolio | 1.3m $1.6m | Added +340.5k |
| HRT FINANCIAL LP 0.01% of their portfolio | 1.2m $1.5m | New |
| Murchinson Ltd. 0.63% of their portfolio | 1.2m $1.5m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 1.2m $1.5m | Reduced -1.3m |
| Linden Thomas Advisory Services, LLC 0.20% of their portfolio | 1.2m $1.4m | Reduced -5.8k |
| HighTower Advisors, LLC 0.00% of their portfolio | 1.1m $1.3m | Reduced -200 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 1.0m $1.3m | Added +49.7k |
| XTX Topco Ltd 0.09% of their portfolio | 976.4k $1.2m | Added +949.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 932.2k $1.2m | Reduced -89.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 871.8k $1.1m | Added +4.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 797.7k $989.1k | Added +271.7k |
| Legal & General Group Plc 0.00% of their portfolio | 783.6k $971.7k | Added +25.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 730.3k $906.0k | Added +9.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 716.4k $888.3k | Reduced -22.6k |
| Merrion Investment Management Co, LLC 0.55% of their portfolio | 666.3k $826.2k | Unchanged |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 630.6k $782.0k | Added +51.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 623.0k $772.5k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 558.4k $692.5k | New |
| CITIGROUP INC 0.00% of their portfolio | 552.6k $685.2k | Added +367.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 535.3k $663.8k | Reduced -580.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 491.4k $609.3k | Added +105.4k |
| HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio | 489.8k $607.0k | Added +60.0k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 452.3k $479.0k | Added +115.4k |
| CANNELL CAPITAL LLC 0.12% of their portfolio | 448.6k $556.3k | Added +288.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 447.4k $554.8k | Added +3.4k |
| Curbstone Financial Management Corp 0.12% of their portfolio | 444.0k $550.6k | Unchanged |
| Corebridge Financial, Inc. 0.00% of their portfolio | 390.1k $483.7k | Reduced -2.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 363.5k $450.8k | Reduced -56.8k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 361.0k $447.6k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 340.8k $422.6k | Reduced -28.2k |
| Inspire Investing, LLC 0.04% of their portfolio | 333.5k $413.5k | Added +14.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 328.3k $407.1k | Added +68.6k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 326.2k $405.0k | Reduced -19.3k |
| Corient Private Wealth LP 0.00% of their portfolio | 307.4k $381.2k | Reduced -593.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 305.0k $376.7k | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 299.8k $370.0k | Added +58.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 276.8k $343.0k | Added +258.4k |
| WINTON GROUP Ltd 0.02% of their portfolio | 273.5k $339.2k | New |
| Intellectus Partners, LLC 0.08% of their portfolio | 255.5k $316.8k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 249.6k $309.4k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 249.0k $308.7k | Added +1.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 247.3k $306.7k | Added +48.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 245.2k $304.1k | Reduced -6.4k |
| IMC-Chicago, LLC 0.01% of their portfolio | 239.9k $297.5k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 218.8k $271.4k | Added +6.1k |
| NATIXIS 0.00% of their portfolio | 203.4k $252.2k | Added +45.6k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 199.6k $247.0k | New |
| J. Goldman & Co LP 0.01% of their portfolio | 195.0k $241.8k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 186.2k $230.5k | Unchanged |
| HighMark Wealth Management LLC 0.12% of their portfolio | 178.5k $221.3k | Added +30.0k |
| CATALYST FINANCIAL PARTNERS LLC 0.04% of their portfolio | 171.7k $212.9k | Unchanged |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 160.2k $198.7k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 154.8k $192.0k | Reduced -91.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 148.7k $184.0k | Reduced -5.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 144.9k $179.6k | New |
| ProShare Advisors LLC 0.00% of their portfolio | 137.9k $170.9k | Added +40.8k |
| Point72 Asia (Singapore) Pte. Ltd. 0.03% of their portfolio | 129.6k $160.8k | Added +117.9k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 126.2k $156.5k | New |
| LAKE STREET PRIVATE WEALTH, LLC 0.02% of their portfolio | 117.3k $145.4k | Added +49 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 117.2k $144.7k | Unchanged |
| SYNOVUS FINANCIAL CORP 0.00% of their portfolio | 113.4k $140.7k | Unchanged |
| BOSTON FAMILY OFFICE LLC 0.01% of their portfolio | 110.0k $136.0k | Unchanged |
| BRIGHTON JONES LLC 0.01% of their portfolio | 110.0k $136.4k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 95.8k $118.8k | Reduced -2.1k |
| State of Wyoming 0.02% of their portfolio | 94.2k $116.8k | Added +55.0k |