Vault-13

GLOBALSTAR INC

COM · CUSIP 378973408

237 institutional holders +18 vs Q3 2024
363,604,713363.6m shares reported held*
$752.7mreported value*
46 new 79 added 48 reduced 36 sold out net sold ≈ $51.1m (-24.7m 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 ($340.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.07. Options: 16 managers hold calls ($30.0m notional), 13 hold puts ($9.9m).

Trends to Q4 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: 219Q4 24: 237237Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022190
Q4 2022205
Q1 2023203
Q2 2023189
Q3 2023203
Q4 2023214
Q1 2024220
Q2 2024207
Q3 2024219
Q4 2024237

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 79 bought or addedQ1 23: 83 cut or sold outQ2 23: 77 bought or addedQ2 23: 73 cut or sold outQ2 23Q3 23: 97 bought or addedQ3 23: 73 cut or sold outQ4 23: 90 bought or addedQ4 23: 77 cut or sold outQ4 23Q1 24: 100 bought or addedQ1 24: 77 cut or sold outQ2 24: 83 bought or addedQ2 24: 87 cut or sold outQ2 24Q3 24: 100 bought or addedQ3 24: 75 cut or sold outQ4 24: 125 bought or addedQ4 24: 84 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20237983
Q2 20237773
Q3 20239773
Q4 20239077
Q1 202410077
Q2 20248387
Q3 202410075
Q4 202412584

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 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 0.38Q4 24 calls: $30.0mQ4 24 puts: $9.9mQ4 24P/C 0.33
Numbers
QuarterCallsPutsP/C
Q1 2024$11.8m$2.5m0.21
Q2 2024$9.2m$1.8m0.20
Q3 2024$9.1m$3.4m0.38
Q4 2024$30.0m$9.9m0.33

Biggest buyers

Capital Research Global Investors New +17,872,992+17.9m
Wolf Hill Capital Management, LP Added +5,799,366+5.8m
ASHFORD CAPITAL MANAGEMENT INC Added +5,047,600+5.0m
AGF MANAGEMENT LTD New +3,803,484+3.8m
JANE STREET GROUP, LLC Added +3,309,495+3.3m
Greenhouse Funds LLLP Added +3,300,470+3.3m
MORGAN STANLEY Added +3,207,104+3.2m
Soviero Asset Management, LP New +1,800,000+1.8m
TWO SIGMA INVESTMENTS, LP Added +1,668,418+1.7m
GOLDMAN SACHS GROUP INC Added +1,583,052+1.6m

Biggest sellers

Mudrick Capital Management, L.P. Sold out -31,040,244-31.0m
BECK MACK & OLIVER LLC Sold out -17,542,985-17.5m
Anson Funds Management LP Reduced -8,806,505-8.8m
ROYCE & ASSOCIATES LP Sold out -4,708,344-4.7m
Millstreet Capital Management LLC Reduced -4,000,400-4.0m
PLUSTICK MANAGEMENT LLC Reduced -3,200,000-3.2m
CITADEL ADVISORS LLC Sold out -3,067,040-3.1m
Legion Partners Asset Management, LLC Sold out -1,920,100-1.9m
VOYA INVESTMENT MANAGEMENT LLC Reduced -1,744,442-1.7m
D. E. Shaw & Co., Inc. Reduced -1,368,511-1.4m

Biggest calls

GROUP ONE TRADING LLC Added $7.6m3.7m shares
NOMURA HOLDINGS INC New $4.6m2.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.7m1.8m shares
WOLVERINE TRADING, LLC Added $3.1m1.4m shares
CITIGROUP INC Added $2.9m1.4m shares
CITADEL ADVISORS LLC Added $2.7m1.3m shares
Squarepoint Ops LLC Reduced $1.5m723.0k shares
SIMPLEX TRADING, LLC Added $1.4m688.1k shares
Parallax Volatility Advisers, L.P. Unchanged $765.9k370.0k shares
JANE STREET GROUP, LLC Added $508.0k245.4k shares

Biggest puts

Caption Management, LLC Added $2.8m1.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.3m1.1m shares
GROUP ONE TRADING LLC Added $1.3m635.2k shares
SIMPLEX TRADING, LLC Added $1.0m499.9k shares
IMC-Chicago, LLC Added $855.1k413.1k shares
CITADEL ADVISORS LLC Added $738.2k356.6k shares
Parallax Volatility Advisers, L.P. Unchanged $253.6k122.5k shares
Squarepoint Ops LLC New $239.3k115.6k shares
WOLVERINE TRADING, LLC Reduced $228.5k105.3k shares
JANE STREET GROUP, LLC Added $128.1k61.9k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 75,335,68875.3m $155.9m $155.9m 0.00% Added +540.9k +540,882
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 55,753,51455.8m $115.4m $115.4m 0.00% Added +1.0m +1,019,884
3 Greenhouse Funds LLLP 2.43% of their portfolio BALTIMORE, MD 26,492,24826.5m $54.8m $54.8m 2.43% Added +3.3m +3,300,470
4 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 17,872,99217.9m $37.0m $37.0m 0.01% New
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,782,09617.8m $36.8m $36.8m 0.00% Added +198.5k +198,471
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 16,761,91716.8m $34.7m $34.7m 0.00% Reduced -50.4k -50,419
7 Wolf Hill Capital Management, LP 2.18% of their portfolio GREENWICH, CT 13,050,02313.1m $27.0m $27.0m 2.18% Added +5.8m +5,799,366
8 ASHFORD CAPITAL MANAGEMENT INC 3.02% of their portfolio WILMINGTON, DE 12,369,34012.4m $25.6m $25.6m 3.02% Added +5.0m +5,047,600
9 Anson Funds Management LP 1.97% of their portfolio DALLAS, TX 7,691,5607.7m $15.9m $15.9m 1.97% Reduced -8.8m -8,806,505
10 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 6,695,8106.7m $13.9m $13.9m 0.00% Added +35.3k +35,289
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 6,262,4486.3m $13.0m $13.0m 0.00% Added +76.4k +76,436
12 PLUSTICK MANAGEMENT LLC 7.88% of their portfolio CHARLOTTESVILLE, VA 6,050,0006.0m $12.5m $12.5m 7.88% Reduced -3.2m -3,200,000
13 American Alpha Advisors, LLC 10.83% of their portfolio NEW YORK, NY 5,750,1005.8m $11.9m $11.9m 10.83% Unchanged
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,354,9615.4m $11.1m $11.1m 0.00% Added +3.2m +3,207,104
15 FMR LLC 0.00% of their portfolio BOSTON, MA 5,106,2245.1m $10.6m $10.6m 0.00% Added +632.7k +632,732
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,826,2244.8m $10.0m $10.0m 0.00% Added +1.6m +1,583,052
17 SOFTBANK GROUP CORP. 0.04% of their portfolio TOKYO, M0 4,815,0454.8m $10.0m $10.0m 0.04% Unchanged
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,253,1864.3m $8.8m $8.8m 0.00% Reduced -280.3k -280,306
19 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 3,844,8213.8m $8.0m $8.0m 0.01% Added +3.3m +3,309,495
20 AGF MANAGEMENT LTD 0.04% of their portfolio TORONTO, A6 3,803,4843.8m $7.9m $7.9m 0.04% New
21 Millstreet Capital Management LLC 2.49% of their portfolio BOSTON, MA 3,351,0263.4m $6.9m $6.9m 2.49% Reduced -4.0m -4,000,400
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 3,310,2673.3m $6.9m $6.9m 0.00% Added +1.1m +1,123,307
23 Magnus Financial Group LLC 0.54% of their portfolio NEW YORK, NY 2,709,7612.7m $5.6m $5.6m 0.54% Unchanged
24 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 2,414,7662.4m $5.0m $5.0m 0.01% Reduced -1.4m -1,368,511
25 Robertson Stephens Wealth Management, LLC 0.17% of their portfolio San Francisco, CA 2,271,5002.3m $4.7m $4.7m 0.17% Added +30.0k +30,000
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,170,5032.2m $4.5m $4.5m 0.00% Added +972.5k +972,539
27 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,105,7042.1m $4.4m $4.4m 0.00% Added +490.7k +490,729
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,036,8802.0m $4.2m $4.2m 0.00% Reduced -230.6k -230,565
29 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,877,1861.9m $3.9m $3.9m 0.00% Reduced -14.8k -14,755
30 Soviero Asset Management, LP 2.59% of their portfolio NEW YORK, NY 1,800,0001.8m $3.7m $3.7m 2.59% New
31 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 1,723,0301.7m $3.6m $3.6m 0.01% Added +1.7m +1,668,418
32 683 Capital Management, LLC 0.35% of their portfolio NEW YORK, NY 1,700,0001.7m $3.5m $3.5m 0.35% Reduced -250.0k -250,000
33 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,696,9471.7m $3.5m $3.5m 0.00% Added +1.5m +1,510,712
34 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,569,8961.6m $3.2m $3.2m 0.00% Added +211.8k +211,803
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,483,5541.5m $3.1m $3.1m 0.00% Unchanged
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,376,7181.4m $2.8m $2.8m 0.00% Added +106.3k +106,275
37 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,358,0681.4m $2.8m $2.8m 0.00% New
38 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 1,312,4001.3m $2.7m $2.7m 0.00% Added +860.1k +860,133
39 Penserra Capital Management LLC 0.04% of their portfolio ORINDA, CA 1,165,1701.2m $2.4m $2.4m 0.04% Reduced -161.1k -161,054
40 Linden Thomas Advisory Services, LLC 0.30% of their portfolio Charlotte, NC 1,159,0391.2m $2.4m $2.4m 0.30% Reduced -1.1k -1,059
41 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,064,0661.1m $2.2m $2.2m 0.00% Added +1.1k +1,112
42 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 940,591940.6k $1.9m $1.9m 0.00% Added +8.4k +8,352
43 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 855,835855.8k $1.8m $1.8m 0.00% Reduced -15.9k -15,949
44 Legal & General Group Plc 0.00% of their portfolio London, X0 854,923854.9k $1.8m $1.8m 0.00% Added +71.3k +71,300
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 816,870816.9k $1.7m $1.7m 0.00% Reduced -204.9k -204,900
46 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 780,915780.9k $1.6m $1.6m 0.00% Added +50.6k +50,630
47 CANNELL CAPITAL LLC 0.32% of their portfolio ALTA, WY 759,204759.2k $1.6m $1.6m 0.32% Added +310.6k +310,557
48 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 708,778708.8k $1.5m $1.5m 0.00% Reduced -7.6k -7,579
49 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 682,117682.1k $1.4m $1.4m 0.00% Added +190.7k +190,709
50 Merrion Investment Management Co, LLC 0.94% of their portfolio Cranford, NJ 655,261655.3k $1.4m $1.4m 0.94% Reduced -11.0k -11,000
51 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 644,589644.6k $1.3m $1.3m 0.00% Added +92.0k +91,986
52 Curbstone Financial Management Corp 0.20% of their portfolio MANCHESTER, NH 464,000464.0k $960.5k $960.5k 0.20% Added +20.0k +20,000
53 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 436,550436.6k $903.7k $903.7k 0.00% Added +73.0k +73,018
54 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 436,217436.2k $903.0k $903.0k 0.00% Reduced -11.2k -11,165
55 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 432,274432.3k $894.8k $894.8k 0.00% Added +287.4k +287,402
56 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 430,909430.9k $892.0k $892.0k 0.02% Added +191.0k +190,976
57 Aquatic Capital Management LLC 0.02% of their portfolio CHICAGO, IL 429,041429.0k $888.1k $888.1k 0.02% New
58 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 417,303417.3k $863.8k $863.8k 0.00% Added +76.5k +76,494
59 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 401,195401.2k $830.0k $830.0k 0.00% Added +124.4k +124,370
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 387,050387.1k $801.2k $801.2k 0.00% Added +138.1k +138,092
61 INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio WEST PALM BEACH, FL 376,339376.3k $779.0k $779.0k 0.01% Added +216.1k +216,093
62 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 373,930373.9k $774.0k $774.0k 0.00% Reduced -423.8k -423,753
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 362,868362.9k $751.1k $751.1k 0.00% Added +117.6k +117,627
64 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 362,691362.7k $750.8k $750.8k 0.00% Reduced -27.4k -27,378
65 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 362,006362.0k $749.4k $749.4k 0.00% Added +1.0k +1,006
66 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 359,482359.5k $744.0k $744.0k 0.00% Reduced -889.4k -889,426
67 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 340,289340.3k $704.4k $704.4k 0.00% Reduced -218.2k -218,158
68 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 337,078337.1k $697.8k $697.8k 0.00% First filing
69 HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio CHICAGO, IL 308,719308.7k $639.0k $639.0k 0.03% Reduced -181.0k -181,036
70 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 305,006305.0k $635.9k $635.9k 0.00% Unchanged
71 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 296,310296.3k $616.3k $616.3k 0.01% New
72 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 282,460282.5k $585.0k $585.0k 0.04% Reduced -43.8k -43,770
73 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 281,850281.9k $583.0k $583.0k 0.02% Added +82.2k +82,230
74 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 266,971267.0k $552.6k $552.6k 0.05% Reduced -709.4k -709,382
75 Sender Co & Partners, Inc. 0.66% of their portfolio NEW YORK, NY 255,035255.0k $527.9k $527.9k 0.66% Added +169.8k +169,815
76 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 251,887251.9k $521.4k $521.4k 0.00% Added +4.5k +4,545
77 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 249,550249.6k $516.6k $516.6k 0.00% Unchanged
78 Intellectus Partners, LLC 0.11% of their portfolio SAN FRANCISCO, CA 245,510245.5k $508.2k $508.2k 0.11% Reduced -10.0k -10,000
79 Graham Capital Management, L.P. 0.02% of their portfolio ROWAYTON, CT 235,215235.2k $486.9k $486.9k 0.02% Added +205.3k +205,344
80 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 226,209226.2k $468.3k $468.3k 0.00% Added +71.4k +71,400
81 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 220,564220.6k $456.6k $456.6k 0.00% Added +1.7k +1,728
82 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 220,430220.4k $456.3k $456.3k 0.00% Reduced -1.7m -1,744,442
83 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 219,200219.2k $453.7k $453.7k 0.00% New
84 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 205,451205.5k $425.3k $425.3k 0.00% Added +67.6k +67,598
85 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 198,443198.4k $411.0k $411.0k 0.00% Added +143.9k +143,882
86 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 193,846193.8k $401.3k $401.3k 0.04% Reduced -139.6k -139,633
87 Caption Management, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 174,600174.6k $361.4k $361.4k 0.01% New
88 CATALYST FINANCIAL PARTNERS LLC 0.07% of their portfolio BOSTON, MA 171,687171.7k $355.4k $355.4k 0.07% Unchanged
89 NATIXIS 0.00% of their portfolio PARIS, I0 169,089169.1k $350.0k $350.0k 0.00% Reduced -34.3k -34,287
90 KLP KAPITALFORVALTNING AS 0.00% of their portfolio OSLO, Q8 166,800166.8k $345.3k $345.3k 0.00% First filing
91 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 164,413164.4k $340.3k $340.3k 0.00% First filing
92 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 144,397144.4k $298.9k $298.9k 0.00% New
93 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 135,777135.8k $281.0k $281.0k 0.00% Reduced -12.9k -12,920
94 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 117,164117.2k $244.3k $244.3k 0.00% Unchanged
95 BOSTON FAMILY OFFICE LLC 0.02% of their portfolio BOSTON, MA 110,000110.0k $228.0k $228.0k 0.02% Unchanged
96 BRIGHTON JONES LLC 0.01% of their portfolio SEATTLE, WA 110,000110.0k $227.7k $227.7k 0.01% Unchanged
97 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 109,075109.1k $225.8k $225.8k 0.00% Added +41.9k +41,900
98 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 108,470108.5k $224.5k $224.5k 0.01% New
99 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 107,700107.7k $222.9k $222.9k 0.00% Reduced -199.7k -199,700
100 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 105,508105.5k $219.0k $219.0k 0.00% Reduced -194.3k -194,326