Vault-13

GLOBALSTAR INC

COM · CUSIP 378973408

219 institutional holders +12 vs Q2 2024
387,803,204387.8m 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

0100200300Q3 22: 190Q4 22: 205Q1 23: 203Q2 23: 189Q3 23: 203Q4 23: 214Q1 24: 220Q2 24: 207Q3 24: 219219Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022190
Q4 2022205
Q1 2023203
Q2 2023189
Q3 2023203
Q4 2023214
Q1 2024220
Q2 2024207
Q3 2024219

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 outQ1 23: 79 bought or addedQ1 23: 83 cut or sold outQ1 23Q2 23: 77 bought or addedQ2 23: 73 cut or sold outQ3 23: 97 bought or addedQ3 23: 73 cut or sold outQ3 23Q4 23: 90 bought or addedQ4 23: 77 cut or sold outQ1 24: 100 bought or addedQ1 24: 77 cut or sold outQ1 24Q2 24: 83 bought or addedQ2 24: 87 cut or sold outQ3 24: 100 bought or addedQ3 24: 75 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229764
Q1 20237983
Q2 20237773
Q3 20239773
Q4 20239077
Q1 202410077
Q2 20248387
Q3 202410075

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ4 23 calls: $29.6mQ4 23 puts: $2.4mQ4 23P/C 0.08Q1 24 calls: $11.8mQ1 24 puts: $2.5mQ1 24P/C 0.21Q2 24 calls: $9.2mQ2 24 puts: $1.8mQ2 24P/C 0.20Q3 24 calls: $9.1mQ3 24 puts: $3.4mQ3 24P/C 0.38
Numbers
QuarterCallsPutsP/C
Q4 2023$29.6m$2.4m0.08
Q1 2024$11.8m$2.5m0.21
Q2 2024$9.2m$1.8m0.20
Q3 2024$9.1m$3.4m0.38

Biggest buyers

Wolf Hill Capital Management, LP Added +3,745,128+3.7m
CITADEL ADVISORS LLC Added +2,540,892+2.5m
MILLENNIUM MANAGEMENT LLC New +1,614,975+1.6m
D. E. Shaw & Co., Inc. Added +1,267,581+1.3m
HRT FINANCIAL LP New +1,248,908+1.2m
JPMORGAN CHASE & CO Added +1,206,570+1.2m
MORGAN STANLEY Added +1,193,035+1.2m
FMR LLC Added +1,102,776+1.1m
GOLDMAN SACHS GROUP INC Added +1,056,052+1.1m
BANK OF AMERICA CORP /DE/ Added +982,850+982.9k

Biggest sellers

ROYCE & ASSOCIATES LP Reduced -5,535,611-5.5m
SOFTBANK GROUP CORP. Reduced -4,815,045-4.8m
Legion Partners Asset Management, LLC Reduced -3,500,000-3.5m
Mudrick Capital Management, L.P. Reduced -1,416,635-1.4m
UBS Group AG Reduced -1,333,084-1.3m
BECK MACK & OLIVER LLC Reduced -968,500-968.5k
FIRST TRUST ADVISORS LP Sold out -922,404-922.4k
PLUSTICK MANAGEMENT LLC Reduced -770,000-770.0k
Bank of New York Mellon Corp Reduced -604,216-604.2k
Corient Private Wealth LP Reduced -593,600-593.6k

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 74,794,80674.8m $92.7m $92.7m 0.00% Added +876.1k +876,056
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 54,733,63054.7m $67.9m $67.9m 0.00% First filing
3 Mudrick Capital Management, L.P. 23.92% of their portfolio NEW YORK, NY 31,040,24431.0m $38.5m $38.5m 23.92% Reduced -1.4m -1,416,635
4 Greenhouse Funds LLLP 1.42% of their portfolio BALTIMORE, MD 23,191,77823.2m $28.8m $28.8m 1.42% Unchanged
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,583,62517.6m $21.8m $21.8m 0.00% Added +580.3k +580,305
6 BECK MACK & OLIVER LLC 0.42% of their portfolio NEW YORK, NY 17,542,98517.5m $21.8m $21.8m 0.42% Reduced -968.5k -968,500
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 16,812,33616.8m $20.9m $20.9m 0.00% Added +382.3k +382,288
8 Anson Funds Management LP 2.79% of their portfolio DALLAS, TX 16,498,06516.5m $20.5m $20.5m 2.79% Reduced -15.8k -15,850
9 PLUSTICK MANAGEMENT LLC 8.70% of their portfolio CHARLOTTESVILLE, VA 9,250,0009.2m $11.5m $11.5m 8.70% Reduced -770.0k -770,000
10 Millstreet Capital Management LLC 3.13% of their portfolio BOSTON, MA 7,351,4267.4m $9.1m $9.1m 3.13% Unchanged
11 ASHFORD CAPITAL MANAGEMENT INC 1.13% of their portfolio WILMINGTON, DE 7,321,7407.3m $9.1m $9.1m 1.13% Reduced -70.0k -70,050
12 Wolf Hill Capital Management, LP 0.86% of their portfolio GREENWICH, CT 7,250,6577.3m $9.0m $9.0m 0.86% Added +3.7m +3,745,128
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 6,660,5216.7m $8.3m $8.3m 0.00% Reduced -11.5k -11,496
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 6,186,0126.2m $7.7m $7.7m 0.00% Added +196.6k +196,644
15 American Alpha Advisors, LLC 6.69% of their portfolio NEW YORK, NY 5,750,1005.8m $7.1m $7.1m 6.69% First filing
16 SOFTBANK GROUP CORP. 0.03% of their portfolio TOKYO, M0 4,815,0454.8m $6.0m $6.0m 0.03% Reduced -4.8m -4,815,045
17 ROYCE & ASSOCIATES LP 0.05% of their portfolio New York, NY 4,708,3444.7m $5.8m $5.8m 0.05% Reduced -5.5m -5,535,611
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,533,4924.5m $5.6m $5.6m 0.00% Added +1.2m +1,206,570
19 FMR LLC 0.00% of their portfolio BOSTON, MA 4,473,4924.5m $5.5m $5.5m 0.00% Added +1.1m +1,102,776
20 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 3,783,2773.8m $4.7m $4.7m 0.01% Added +1.3m +1,267,581
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,243,1723.2m $4.0m $4.0m 0.00% Added +1.1m +1,056,052
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 3,067,0403.1m $3.8m $3.8m 0.00% Added +2.5m +2,540,892
23 Magnus Financial Group LLC 0.34% of their portfolio NEW YORK, NY 2,709,7612.7m $3.4m $3.4m 0.34% Added +2.0k +1,965
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,267,4452.3m $2.8m $2.8m 0.00% Added +982.9k +982,850
25 Robertson Stephens Wealth Management, LLC 0.10% of their portfolio San Francisco, CA 2,241,5002.2m $2.8m $2.8m 0.10% Added +30.5k +30,500
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,186,9602.2m $2.7m $2.7m 0.00% Reduced -604.2k -604,216
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,147,8572.1m $2.7m $2.7m 0.00% Added +1.2m +1,193,035
28 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 1,964,8722.0m $2.4m $2.4m 0.00% Added +127.4k +127,445
29 683 Capital Management, LLC 0.25% of their portfolio NEW YORK, NY 1,950,0001.9m $2.4m $2.4m 0.25% Unchanged
30 Legion Partners Asset Management, LLC 0.95% of their portfolio Los Angeles, CA 1,920,1001.9m $2.4m $2.4m 0.95% Reduced -3.5m -3,500,000
31 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,891,9411.9m $2.3m $2.3m 0.00% Unchanged
32 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,614,9751.6m $2.0m $2.0m 0.00% New
33 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,483,5541.5m $1.8m $1.8m 0.00% Reduced -17.0k -17,000
34 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,358,0931.4m $1.7m $1.7m 0.00% Reduced -169.5k -169,488
35 Penserra Capital Management LLC 0.04% of their portfolio ORINDA, CA 1,326,2241.3m $1.6m $1.6m 0.04% Reduced -15.7k -15,664
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,270,4431.3m $1.6m $1.6m 0.00% Added +340.5k +340,476
37 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 1,248,9081.2m $1.5m $1.5m 0.01% New
38 Murchinson Ltd. 0.63% of their portfolio TORONTO, A6 1,245,9991.2m $1.5m $1.5m 0.63% Unchanged
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,197,9641.2m $1.5m $1.5m 0.00% Reduced -1.3m -1,333,084
40 Linden Thomas Advisory Services, LLC 0.20% of their portfolio Charlotte, NC 1,160,0981.2m $1.4m $1.4m 0.20% Reduced -5.8k -5,832
41 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,062,9541.1m $1.3m $1.3m 0.00% Reduced -200 -200
42 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 1,021,7701.0m $1.3m $1.3m 0.00% Added +49.7k +49,700
43 XTX Topco Ltd 0.09% of their portfolio LONDON, X0 976,353976.4k $1.2m $1.2m 0.09% Added +949.0k +949,025
44 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 932,239932.2k $1.2m $1.2m 0.00% Reduced -89.6k -89,597
45 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 871,784871.8k $1.1m $1.1m 0.00% Added +4.0k +4,011
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 797,683797.7k $989.1k $989.1k 0.00% Added +271.7k +271,711
47 Legal & General Group Plc 0.00% of their portfolio London, X0 783,623783.6k $971.7k $971.7k 0.00% Added +25.0k +25,041
48 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 730,285730.3k $906.0k $906.0k 0.00% Added +9.7k +9,701
49 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 716,357716.4k $888.3k $888.3k 0.00% Reduced -22.6k -22,643
50 Merrion Investment Management Co, LLC 0.55% of their portfolio Cranford, NJ 666,261666.3k $826.2k $826.2k 0.55% Unchanged
51 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 630,587630.6k $782.0k $782.0k 0.01% Added +51.1k +51,099
52 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 622,999623.0k $772.5k $772.5k 0.02% Unchanged
53 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 558,447558.4k $692.5k $692.5k 0.00% New
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 552,603552.6k $685.2k $685.2k 0.00% Added +367.6k +367,562
55 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 535,326535.3k $663.8k $663.8k 0.00% Reduced -580.7k -580,671
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 491,408491.4k $609.3k $609.3k 0.00% Added +105.4k +105,440
57 HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio CHICAGO, IL 489,755489.8k $607.0k $607.0k 0.03% Added +60.0k +59,954
58 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 452,267452.3k $479.0k $479.0k 0.00% Added +115.4k +115,359
59 CANNELL CAPITAL LLC 0.12% of their portfolio ALTA, WY 448,647448.6k $556.3k $556.3k 0.12% Added +288.2k +288,241
60 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 447,382447.4k $554.8k $554.8k 0.00% Added +3.4k +3,417
61 Curbstone Financial Management Corp 0.12% of their portfolio MANCHESTER, NH 444,000444.0k $550.6k $550.6k 0.12% Unchanged
62 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 390,069390.1k $483.7k $483.7k 0.00% Reduced -2.4k -2,404
63 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 363,532363.5k $450.8k $450.8k 0.00% Reduced -56.8k -56,846
64 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 361,000361.0k $447.6k $447.6k 0.00% Unchanged
65 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 340,809340.8k $422.6k $422.6k 0.00% Reduced -28.2k -28,248
66 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 333,479333.5k $413.5k $413.5k 0.04% Added +14.9k +14,862
67 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 328,298328.3k $407.1k $407.1k 0.00% Added +68.6k +68,599
68 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 326,230326.2k $405.0k $405.0k 0.03% Reduced -19.3k -19,293
69 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 307,400307.4k $381.2k $381.2k 0.00% Reduced -593.6k -593,600
70 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 305,006305.0k $376.7k $376.7k 0.00% Unchanged
71 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 299,834299.8k $370.0k $370.0k 0.00% Added +58.7k +58,691
72 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 276,825276.8k $343.0k $343.0k 0.00% Added +258.4k +258,431
73 WINTON GROUP Ltd 0.02% of their portfolio LONDON, X0 273,536273.5k $339.2k $339.2k 0.02% New
74 Intellectus Partners, LLC 0.08% of their portfolio SAN FRANCISCO, CA 255,510255.5k $316.8k $316.8k 0.08% Unchanged
75 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 249,550249.6k $309.4k $309.4k 0.00% Unchanged
76 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 248,958249.0k $308.7k $308.7k 0.00% Added +1.2k +1,221
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 247,342247.3k $306.7k $306.7k 0.00% Added +48.6k +48,566
78 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 245,241245.2k $304.1k $304.1k 0.00% Reduced -6.4k -6,395
79 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 239,933239.9k $297.5k $297.5k 0.01% New
80 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 218,836218.8k $271.4k $271.4k 0.00% Added +6.1k +6,069
81 NATIXIS 0.00% of their portfolio PARIS, I0 203,376203.4k $252.2k $252.2k 0.00% Added +45.6k +45,627
82 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 199,620199.6k $247.0k $247.0k 0.01% New
83 J. Goldman & Co LP 0.01% of their portfolio NEW YORK, NY 195,000195.0k $241.8k $241.8k 0.01% New
84 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 186,235186.2k $230.5k $230.5k 0.00% Unchanged
85 HighMark Wealth Management LLC 0.12% of their portfolio ST. PAUL, MN 178,500178.5k $221.3k $221.3k 0.12% Added +30.0k +30,000
86 CATALYST FINANCIAL PARTNERS LLC 0.04% of their portfolio BOSTON, MA 171,687171.7k $212.9k $212.9k 0.04% Unchanged
87 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 160,246160.2k $198.7k $198.7k 0.00% New
88 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 154,809154.8k $192.0k $192.0k 0.00% Reduced -91.8k -91,800
89 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 148,697148.7k $184.0k $184.0k 0.00% Reduced -5.4k -5,400
90 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 144,872144.9k $179.6k $179.6k 0.00% New
91 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 137,853137.9k $170.9k $170.9k 0.00% Added +40.8k +40,807
92 Point72 Asia (Singapore) Pte. Ltd. 0.03% of their portfolio SINGAPORE, U0 129,644129.6k $160.8k $160.8k 0.03% Added +117.9k +117,864
93 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 126,196126.2k $156.5k $156.5k 0.00% New
94 LAKE STREET PRIVATE WEALTH, LLC 0.02% of their portfolio CHICAGO, IL 117,288117.3k $145.4k $145.4k 0.02% Added +49 +49
95 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 117,164117.2k $144.7k $144.7k 0.00% Unchanged
96 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 113,447113.4k $140.7k $140.7k 0.00% Unchanged
97 BOSTON FAMILY OFFICE LLC 0.01% of their portfolio BOSTON, MA 110,000110.0k $136.0k $136.0k 0.01% Unchanged
98 BRIGHTON JONES LLC 0.01% of their portfolio SEATTLE, WA 110,000110.0k $136.4k $136.4k 0.01% Unchanged
99 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 95,78295.8k $118.8k $118.8k 0.00% Reduced -2.1k -2,072
100 State of Wyoming 0.02% of their portfolio CHEYENNE, WY 94,16394.2k $116.8k $116.8k 0.02% Added +55.0k +55,010