Vault-13

GLOBALSTAR INC GSAT

COM NEW · Common Stock · CUSIP 378973507 · ISIN US3789735079

Global satellite telecommunications company

163 institutional holders +160 vs Q4 2024
26,349,49926.3m shares reported held*
$549.6mreported value*
157 new 0 added 3 reduced 0 sold out net bought ≈ $176.3m (+8.4m 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 ≈ $20.86. Options: 15 managers hold calls ($201.8m notional), 11 hold puts ($73.3m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q4 24: 3Q1 25: 163163Q4 24Q1 25
Numbers
QuarterHolders
Q4 20243
Q1 2025163

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $201.8mQ1 25 puts: $73.3mQ1 25P/C 0.36
Numbers
QuarterCallsPutsP/C
Q2 2024$0$0—
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$201.8m$73.3m0.36

Biggest buyers

VANGUARD GROUP INC New +5,033,896+5.0m
BlackRock, Inc. New +3,658,271+3.7m
Greenhouse Funds LLLP New +1,815,691+1.8m
ASHFORD CAPITAL MANAGEMENT INC New +1,381,392+1.4m
STATE STREET CORP New +1,282,013+1.3m
GEODE CAPITAL MANAGEMENT, LLC New +1,254,009+1.3m
Senvest Management, LLC New +877,909+877.9k
AMERICAN CENTURY COMPANIES INC New +727,173+727.2k
NORTHERN TRUST CORP New +489,286+489.3k
DIMENSIONAL FUND ADVISORS LP New +432,415+432.4k

Biggest sellers

BECK MACK & OLIVER LLC Reduced -16,394,755-16.4m
Rossby Financial, LCC Reduced -92,024-92.0k
Inlight Wealth Management, LLC Reduced -82,134-82.1k

Biggest calls

GROUP ONE TRADING LLC New $99.1m4.7m shares
SIMPLEX TRADING, LLC New $32.4m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $30.6m1.5m shares
BANK OF AMERICA CORP /DE/ New $15.5m744.0k shares
Caption Management, LLC New $10.4m500.0k shares
CITADEL ADVISORS LLC New $4.9m235.5k shares
SIG BROKERAGE, LP New $2.9m140.0k shares
IMC-Chicago, LLC New $1.7m81.5k shares
BOOTHBAY FUND MANAGEMENT, LLC New $1.6m75.0k shares
JANE STREET GROUP, LLC New $1.1m52.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $27.9m1.3m shares
Caption Management, LLC New $20.4m978.8k shares
GROUP ONE TRADING LLC New $10.8m518.8k shares
IMC-Chicago, LLC New $5.9m280.6k shares
SIMPLEX TRADING, LLC New $4.2m199.4k shares
CITADEL ADVISORS LLC New $3.0m142.4k shares
BANK OF AMERICA CORP /DE/ New $667.5k32.0k shares
JANE STREET GROUP, LLC New $296.0k14.2k shares
Walleye Trading LLC New $173.1k8.3k shares
Belvedere Trading LLC New $146100 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FL INVESTMENT HOLDINGS LLC 13D · may seek influence filed 2026-04-15
Stated purposeItem 4 of the Schedule 13D is hereby amended to add the following: The information in Item 3 of this Schedule 13D is incorporated herein by reference. On April 13, 2026, Globalstar, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Amazon.com, Inc., a Delaware corporation ("Parent"), Grapefruit Acquisition Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of Parent ("Acquisition Sub I"), and Grapefruit Acquisition Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Parent ("Acquisition Sub II" and, together with Parent and Acquisition Sub I, the "Buyer Parties"), pursuant to which, among other things, (a) Acquisition Sub I will merge with and into the Issuer (the "First Merger"), wit… Full filing
57.6% 74.1m≈ $6.0bn 2026-04-15

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q2 23: 1 buyingQ2 23: 2 sellingQ3 23: 1 buyingQ3 23: 3 sellingQ3 23Q4 23: 2 buyingQ4 23: 2 sellingQ1 24: 1 buyingQ1 24: 2 sellingQ1 24Q2 24: 1 buyingQ2 24: 2 sellingQ3 24: 0 buyingQ3 24: 2 sellingQ3 24Q4 24: 1 buyingQ4 24: 4 sellingQ1 25: 1 buyingQ1 25: 4 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20231$6.0m2$1.0m$1.0m
Q3 20231$12.5m3$49.0m—
Q4 20232$3.4m2$540.9k$116.2k
Q1 20241$4.6m2$1.2m$1.2m
Q2 20241$4.8m2$4.9m$83.3k
Q3 20240—2$1.0m$1.0m
Q4 20241$12.0m4$8.1m—
Q1 20251$7.4m4$6.1m$1.1m
DateInsiderTradeSharesPrice ValueTheir holding
2025-03-28 JACOBS PAUL E Chief Executive Officer, director · By Virewirx, Inc. (f/k/a XCOM Labs, Inc.) Sold 209,546 $22.52 $4.7m209.5k shares -100%
2025-03-28 Monroe James III Director · Thermo XCOM LLC Bought 209,546 $22.52 $4.7m209.5k shares +36%
2025-03-21 Monroe James III Director · By Thermo Properties II, LLC Bought 50,000 $22.31 $1.1m50.0k shares +6%
2025-03-20 Monroe James III Director · By Thermo Properties II, LLC Bought 25,000 $21.83 $545.8k25.0k shares +3%
2025-03-19 Monroe James III Director · By Thermo Properties II, LLC Bought 25,000 $21.71 $542.8k25.0k shares +3%
2025-03-18 Monroe James III Director · By Thermo Properties II, LLC Bought 25,000 $20.80 $520.0k25.0k shares +3%
2025-03-13 Taylor Timothy Evan VP, Finance & Operations, director · By Thermo Investments III, LLC Sold plan 26,333 $21.43 $564.4k26.3k shares -7%
2025-03-12 Taylor Timothy Evan VP, Finance & Operations, director · By Thermo Investments III, LLC Sold plan 26,333 $22.04 $580.5k26.3k shares -6%
2025-03-12 JACOBS PAUL E Chief Executive Officer, director Sold 7,087 $22.15 $157.0k7.1k shares -36%
2025-03-12 Clary Rebecca VP & Chief Financial Officer Sold 2,402 $22.15 $53.2k2.4k shares -2%
2025-03-12 Ponder L Barbee IV General Counsel Sold 252 $22.15 $5.6k252 shares -<1%
2025-03-11 Ponder L Barbee IV General Counsel Sold 488 $21.71 $10.6k488 shares -<1%
2025-03-11 Clary Rebecca VP & Chief Financial Officer Sold 349 $21.71 $7.6k349 shares -<1%
2025-01-06 JACOBS PAUL E Chief Executive Officer, director Sold 14,539 $2.19 $31.8k14.5k shares -15%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,033,8965.0m $105.0m $105.0m 0.00% New
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,658,2713.7m $76.3m $76.3m 0.00% New
3 Greenhouse Funds LLLP 1.85% of their portfolio BALTIMORE, MD 1,815,6911.8m $37.9m $37.9m 1.85% New
4 ASHFORD CAPITAL MANAGEMENT INC 3.72% of their portfolio WILMINGTON, DE 1,381,3921.4m $28.8m $28.8m 3.72% New
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,282,0131.3m $26.7m $26.7m 0.00% New
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,254,0091.3m $26.2m $26.2m 0.00% New
7 BECK MACK & OLIVER LLC 0.49% of their portfolio NEW YORK, NY 1,178,2301.2m $24.6m $24.6m 0.49% Reduced -16.4m -16,394,755
8 Senvest Management, LLC 0.77% of their portfolio New York, NY 877,909877.9k $18.3m $18.3m 0.77% New
9 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 727,173727.2k $15.2m $15.2m 0.01% New
10 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 489,286489.3k $10.2m $10.2m 0.00% New
11 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 432,415432.4k $9.0m $9.0m 0.00% New
12 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 408,173408.2k $8.5m $8.5m 0.00% New
13 American Alpha Advisors, LLC 7.09% of their portfolio NEW YORK, NY 383,338383.3k $8.0m $8.0m 7.09% New
14 Long Focus Capital Management, LLC 0.52% of their portfolio SAN JUAN, PR 370,000370.0k $7.7m $7.7m 0.52% New
15 PLUSTICK MANAGEMENT LLC 5.40% of their portfolio CHARLOTTESVILLE, VA 355,000355.0k $7.4m $7.4m 5.40% New
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 347,527347.5k $7.2m $7.2m 0.00% New
17 FMR LLC 0.00% of their portfolio BOSTON, MA 339,729339.7k $7.1m $7.1m 0.00% New
18 SOFTBANK GROUP CORP. 0.02% of their portfolio TOKYO, M0 321,003321.0k $6.7m $6.7m 0.02% New
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 294,080294.1k $6.1m $6.1m 0.00% New
20 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 275,039275.0k $5.7m $5.7m 0.03% New
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 273,141273.1k $5.7m $5.7m 0.00% New
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 260,243260.2k $5.4m $5.4m 0.00% New
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 259,307259.3k $5.4m $5.4m 0.00% New
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 251,141251.1k $5.2m $5.2m 0.00% New
25 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 227,297227.3k $4.7m $4.7m 0.01% New
26 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 217,348217.3k $4.5m $4.5m 0.01% New
27 Wolf Hill Capital Management, LP 0.40% of their portfolio GREENWICH, CT 214,220214.2k $4.5m $4.5m 0.40% New
28 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 174,396174.4k $3.6m $3.6m 0.01% New
29 Robertson Stephens Wealth Management, LLC 0.13% of their portfolio San Francisco, CA 160,695160.7k $3.4m $3.4m 0.13% New
30 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 157,904157.9k $3.3m $3.3m 0.00% New
31 Anson Funds Management LP 0.66% of their portfolio DALLAS, TX 133,331133.3k $2.8m $2.8m 0.66% New
32 683 Capital Management, LLC 0.28% of their portfolio NEW YORK, NY 131,012131.0k $2.7m $2.7m 0.28% New
33 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 125,144125.1k $2.6m $2.6m 0.00% First filing
34 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 123,942123.9k $2.6m $2.6m 0.00% New
35 Penserra Capital Management LLC 0.04% of their portfolio ORINDA, CA 115,578115.6k $2.4m $2.4m 0.04% New
36 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 110,291110.3k $2.3m $2.3m 0.00% New
37 Swiss National Bank 0.00% of their portfolio ZURICH, V8 97,90397.9k $2.0m $2.0m 0.00% New
38 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 91,80291.8k $1.9m $1.9m 0.03% New
39 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 83,28383.3k $1.7m $1.7m 0.00% New
40 Linden Thomas Advisory Services, LLC 0.21% of their portfolio Charlotte, NC 76,89476.9k $1.6m $1.6m 0.21% New
41 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 72,26472.3k $1.5m $1.5m 0.00% New
42 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 71,35371.4k $1.5m $1.5m 0.00% New
43 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 69,61369.6k $1.5m $1.5m 0.00% New
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 68,73668.7k $1.4m $1.4m 0.00% New
45 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 68,60368.6k $1.4m $1.4m 0.00% New
46 Sovran Advisors, LLC 0.17% of their portfolio SAN DIEGO, CA 65,33365.3k $1.3m $1.3m 0.17% New
47 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 63,85463.9k $1.3m $1.3m 0.01% New
48 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 59,11959.1k $1.2m $1.2m 0.00% New
49 Legal & General Group Plc 0.00% of their portfolio London, X0 55,46455.5k $1.2m $1.2m 0.00% New
50 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 54,45654.5k $1.1m $1.1m 0.00% New
51 CANNELL CAPITAL LLC 0.36% of their portfolio ALTA, WY 50,74050.7k $1.1m $1.1m 0.36% New
52 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 47,25047.2k $985.6k $985.6k 0.00% New
53 Merrion Investment Management Co, LLC 0.65% of their portfolio Cranford, NJ 43,68143.7k $911.2k $911.2k 0.65% New
54 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 43,20043.2k $901.2k $901.2k 0.01% New
55 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 42,23642.2k $881.0k $881.0k 0.00% New
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 41,94641.9k $875.0k $875.0k 0.00% New
57 DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio NEW YORK, NY 37,57937.6k $783.9k $783.9k 0.04% New
58 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 37,25637.3k $777.2k $777.2k 0.00% New
59 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 35,45735.5k $739.6k $739.6k 0.00% New
60 Curbstone Financial Management Corp 0.14% of their portfolio MANCHESTER, NH 32,29632.3k $673.7k $673.7k 0.14% New
61 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 30,35230.4k $633.1k $633.1k 0.00% New
62 INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio WEST PALM BEACH, FL 29,22729.2k $609.7k $609.7k 0.01% New
63 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 28,88028.9k $602.4k $602.4k 0.00% New
64 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 28,70928.7k $598.9k $598.9k 0.01% New
65 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 27,54227.5k $574.5k $574.5k 0.00% New
66 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 27,17527.2k $566.9k $566.9k 0.00% New
67 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 26,47026.5k $552.2k $552.2k 0.00% New
68 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 25,06525.1k $522.9k $522.9k 0.00% New
69 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 24,76624.8k $516.6k $516.6k 0.00% New
70 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 24,69024.7k $515.0k $515.0k 0.00% New
71 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 24,14824.1k $503.7k $503.7k 0.00% New
72 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 23,82623.8k $497.0k $497.0k 0.00% New
73 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 23,64623.6k $493.3k $493.3k 0.00% New
74 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 22,92222.9k $478.0k $478.0k 0.00% New
75 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 21,05821.1k $439.3k $439.3k 0.00% New
76 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 20,33520.3k $433.0k $433.0k 0.00% New
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 18,39618.4k $383.7k $383.7k 0.00% New
78 WINTON GROUP Ltd 0.02% of their portfolio LONDON, X0 17,78217.8k $370.9k $370.9k 0.02% New
79 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 17,67717.7k $369.0k $369.0k 0.00% New
80 Intellectus Partners, LLC 0.09% of their portfolio SAN FRANCISCO, CA 17,21017.2k $359.0k $359.0k 0.09% New
81 Caption Management, LLC 0.02% of their portfolio OKLAHOMA CITY, OK 17,01717.0k $355.0k $355.0k 0.02% New
82 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 16,69916.7k $348.3k $348.3k 0.01% New
83 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 16,63516.6k $347.0k $347.0k 0.00% New
84 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 16,21416.2k $338.0k $338.0k 0.01% New
85 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 15,08115.1k $314.6k $314.6k 0.00% New
86 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 14,46814.5k $301.8k $301.8k 0.00% New
87 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 12,73312.7k $266.0k $266.0k 0.02% New
88 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 12,65112.7k $263.9k $263.9k 0.00% New
89 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 12,61112.6k $263.1k $263.1k 0.04% New
90 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 11,73311.7k $244.8k $244.8k 0.00% New
91 CATALYST FINANCIAL PARTNERS LLC 0.04% of their portfolio BOSTON, MA 11,44511.4k $238.7k $238.7k 0.04% New
92 KLP KAPITALFORVALTNING AS 0.00% of their portfolio OSLO, Q8 11,12011.1k $232.0k $232.0k 0.00% New
93 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 10,96011.0k $228.6k $228.6k 0.00% New
94 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 10,54610.5k $220.0k $220.0k 0.01% First filing
95 Man Group plc 0.00% of their portfolio LONDON, X0 10,33010.3k $215.5k $215.5k 0.00% New
96 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 10,19510.2k $212.7k $212.7k 0.00% New
97 HighMark Wealth Management LLC 0.12% of their portfolio ST. PAUL, MN 9,5669.6k $199.5k $199.5k 0.12% New
98 Point72 Asia (Singapore) Pte. Ltd. 0.04% of their portfolio SINGAPORE, U0 8,1408.1k $169.8k $169.8k 0.04% New
99 Rossby Financial, LCC 0.07% of their portfolio MELBOURNE, FL 8,0018.0k $156.9k $156.9k 0.07% Reduced -92.0k -92,024
100 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 7,8117.8k $162.9k $162.9k 0.00% New