Vault-13

SATELLOGIC INC SATL

COM CL A · Common Stock · CUSIP 80401C100 · ISIN US80401C1009

87 institutional holders +13 vs Q3 2025
69,120,84469.1m shares reported held*
$129.3mreported value*
24 new 39 added 8 reduced 13 sold out net bought ≈ $29.0m (+15.5m 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 ≈ $1.87. Options: 5 managers hold calls ($363.3k notional), 4 hold puts ($285.4k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100Q1 25: 2Q2 25: 60Q3 25: 74Q4 25: 8787Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 20252
Q2 202560
Q3 202574
Q4 202587

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 25: 58 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 47 bought or addedQ3 25: 20 cut or sold outQ3 25Q4 25: 63 bought or addedQ4 25: 21 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 2025582
Q3 20254720
Q4 20256321

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $887.9kQ2 25 puts: $57.0kQ2 25P/C 0.06Q3 25 calls: $664.6kQ3 25 puts: $332.0kQ3 25P/C 0.50Q4 25 calls: $363.3kQ4 25 puts: $285.4kQ4 25P/C 0.79
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$887.9k$57.0k0.06
Q3 2025$664.6k$332.0k0.50
Q4 2025$363.3k$285.4k0.79

Biggest buyers

Alyeska Investment Group, L.P. New +9,000,000+9.0m
VANGUARD GROUP INC Added +1,592,281+1.6m
MILLENNIUM MANAGEMENT LLC New +1,161,330+1.2m
BlackRock, Inc. Added +577,080+577.1k
STATE STREET CORP Added +527,525+527.5k
GEODE CAPITAL MANAGEMENT, LLC Added +463,811+463.8k
JANE STREET GROUP, LLC Added +454,458+454.5k
Halter Ferguson Financial Inc. Added +450,957+451.0k
Shay Capital LLC New +301,400+301.4k
Caitong International Asset Management Co., Ltd Added +277,326+277.3k

Biggest sellers

ROYAL BANK OF CANADA Reduced -414,417-414.4k
ExodusPoint Capital Management, LP Sold out -108,357-108.4k
UBS Group AG Reduced -60,713-60.7k
Quadrature Capital Ltd Sold out -49,973-50.0k
Creative Planning Sold out -49,031-49.0k
Tidal Investments LLC Sold out -28,145-28.1k
Susquehanna Portfolio Strategies, LLC Sold out -24,365-24.4k
JPMORGAN CHASE & CO Reduced -22,087-22.1k
GSA CAPITAL PARTNERS LLP Sold out -18,018-18.0k
Balyasny Asset Management L.P. Sold out -17,153-17.2k

Biggest calls

CITADEL ADVISORS LLC Added $116.7k62.4k shares
SIMPLEX TRADING, LLC Reduced $108.6k58.1k shares
GROUP ONE TRADING LLC Added $65.8k35.2k shares
MSA Advisors, LLC New $49.1k26.3k shares
JANE STREET GROUP, LLC Reduced $23.0k12.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $139.9k74.8k shares
JANE STREET GROUP, LLC Added $96.1k51.4k shares
SIMPLEX TRADING, LLC Added $49.2k26.3k shares
GROUP ONE TRADING LLC Reduced $187100 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
Liberty 77 Capital L.P. 13D · may seek influence filed 2026-05-28
Stated purposeItem 4 is hereby restated as follows: On July 5, 2021, the Issuer, CF Acquisition Corp. V ("CF V") (which became a wholly-owned subsidiary of the Issuer on January 25, 2022), Nettar Group Inc., a business company with limited liability incorporated under the laws of the British Virgin Islands ("Target"), Ganymede Merger Sub 1 Inc., a business company with limited liability incorporated under the laws of the British Virgin Islands and a direct wholly owned subsidiary of the Issuer ("Target Merger Sub"), and certain other parties thereto, entered into an Agreement and Plan of Merger (as amended and restated, supplemented or otherwise modified from time to time, the "Merger Agreement" and, the transactions contemplated by the Merger Agreement, the "Business Combination") pursuant to which, a… Full filing
20.3% 32.5m≈ $185.9m 2026-05-28
BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-10-27 6.3% +1.1 pts 9.0m≈ $51.5m 2026-10-27
STATE STREET CORP 13G · institution new · filed 2026-08-07 5.5% new 7.6m≈ $43.5m 2026-08-07

Fell to 5% or below in the last year: Alyeska Investment Group, L.P. (0.0%, 2026-05-15), DAVIDSON KEMPNER CAPITAL MANAGEMENT LP (1.8%, 2026-01-30)

Insider purchases and sales in Q4 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
404Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 2 sellingQ2 25Q3 25: 0 buyingQ3 25: 3 sellingQ4 25: 0 buyingQ4 25: 1 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—2$791.6k—
Q3 20250—3$4.0m—
Q4 20250—1$2.8m$2.8m
DateInsiderTradeSharesPrice ValueTheir holding
2025-12-09 CANTOR FITZGERALD & CO. +5 10% owner · See Footnote Bought 10,000 $1.88 $18.8k10.0k shares +<1%
2025-12-09 CANTOR FITZGERALD & CO. +5 10% owner · See Footnote Sold 10,000 $1.87 $18.7k10.0k shares -<1%
2025-10-15 Kargieman Emiliano Chief Executive Officer, director Sold plan 283,121 $4.08 $1.2m283.1k shares -18%
2025-10-14 Kargieman Emiliano Chief Executive Officer, director Sold plan 11,040 $4.00 $44.2k11.0k shares -1%
2025-10-10 Kargieman Emiliano Chief Executive Officer, director Sold plan 1,836 $4.03 $7.4k1.8k shares -<1%
2025-10-09 Kargieman Emiliano Chief Executive Officer, director Sold plan 314,767 $4.09 $1.3m314.8k shares -16%
2025-10-08 Kargieman Emiliano Chief Executive Officer, director Sold plan 85,700 $4.03 $345.4k85.7k shares -4%
2025-10-06 LUTNICK HOWARD W 10% owner · See footnote Sold 13,380,873 — —13.4m shares -100%

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Liberty 77 Capital L.P. 2.78% of their portfolio Washington, DC 20,000,00020.0m $37.4m $37.4m 2.78% Unchanged
2 CANTOR FITZGERALD, L. P. 0.75% of their portfolio NEW YORK, NY 13,380,87313.4m $25.0m $25.0m 0.75% Unchanged
3 Alyeska Investment Group, L.P. 0.05% of their portfolio CHICAGO, IL 9,000,0009.0m $16.8m $16.8m 0.05% New
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,021,5045.0m $9.4m $9.4m 0.00% Added +577.1k +577,080
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,854,4974.9m $9.1m $9.1m 0.00% Added +1.6m +1,592,281
6 SOFTBANK GROUP CORP. 0.03% of their portfolio TOKYO, M0 2,582,6452.6m $4.8m $4.8m 0.03% Unchanged
7 Weiss Asset Management LP 0.06% of their portfolio BOSTON, MA 2,167,1152.2m $4.1m $4.1m 0.06% Not comparable
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,807,7371.8m $3.4m $3.4m 0.00% Added +463.8k +463,811
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,643,8361.6m $3.1m $3.1m 0.00% Added +527.5k +527,525
10 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,161,3301.2m $2.2m $2.2m 0.00% New
11 Halter Ferguson Financial Inc. 0.35% of their portfolio CARMEL, IN 839,832839.8k $1.6m $1.6m 0.35% Added +451.0k +450,957
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 567,919567.9k $1.1m $1.1m 0.00% Added +81.7k +81,725
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 551,508551.5k $1.0m $1.0m 0.00% Added +454.5k +454,458
14 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 505,156505.2k $944.6k $944.6k 0.00% Unchanged
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 479,661479.7k $897.0k $897.0k 0.00% Added +223.2k +223,164
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 373,028373.0k $697.6k $697.6k 0.00% Reduced -60.7k -60,713
17 LuminArx Capital Management LP 0.64% of their portfolio NEW YORK, NY 355,000355.0k $663.9k $663.9k 0.64% First filing
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 341,544341.5k $638.7k $638.7k 0.00% Added +87.1k +87,117
19 Shay Capital LLC 0.09% of their portfolio NEW YORK, NY 301,400301.4k $563.6k $563.6k 0.09% New
20 Caitong International Asset Management Co., Ltd 0.13% of their portfolio HONG KONG, K3 277,450277.4k $518.8k $518.8k 0.13% Added +277.3k +277,326
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 272,905272.9k $510.3k $510.3k 0.00% Added +114.9k +114,919
22 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 269,588269.6k $504.0k $504.0k 0.01% Added +155.4k +155,404
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 229,018229.0k $428.3k $428.3k 0.00% Added +33.5k +33,517
24 Resolute Advisors LLC 0.12% of their portfolio SAN FRANCISCO, CA 197,105197.1k $368.6k $368.6k 0.12% Unchanged
25 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 184,451184.5k $344.9k $344.9k 0.00% Added +174.4k +174,407
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 159,491159.5k $298.2k $298.2k 0.00% Added +14.2k +14,154
27 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 157,212157.2k $294.0k $294.0k 0.01% New
28 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 153,458153.5k $287.0k $287.0k 0.00% Added +106.6k +106,626
29 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 131,119131.1k $245.2k $245.2k 0.00% Added +33.9k +33,882
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 92,38592.4k $172.8k $172.8k 0.00% Added +47.8k +47,805
31 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 86,94986.9k $162.6k $162.6k 0.00% Reduced -8.8k -8,754
32 Brevan Howard Capital Management LP 0.00% of their portfolio ST. HELIER, Y9 74,50974.5k $139.3k $139.3k 0.00% New
33 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 59,34059.3k $111.0k $111.0k 0.00% Added +3.0k +2,983
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 56,12556.1k $105.0k $105.0k 0.00% Added +11.1k +11,128
35 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 51,86051.9k $97.0k $97.0k 0.00% Added +10.4k +10,355
36 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 46,63946.6k $87.2k $87.2k 0.00% Added +5.7k +5,723
37 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 39,31639.3k $75.9k $75.9k 0.00% New
38 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 39,28039.3k $73.5k $73.5k 0.00% Added +5.3k +5,301
39 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 39,01339.0k $73.0k $73.0k 0.00% Added +6.6k +6,629
40 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 34,57934.6k $65.0k $65.0k 0.00% Unchanged
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 33,55533.6k $62.7k $62.7k 0.00% Reduced -22.1k -22,087
42 FMR LLC 0.00% of their portfolio BOSTON, MA 33,16333.2k $62.0k $62.0k 0.00% Added +22.6k +22,603
43 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 28,45528.5k $53.2k $53.2k 0.00% Added +120 +120
44 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 27,29027.3k $51.0k $51.0k 0.00% Unchanged
45 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 26,90026.9k $50.3k $50.3k 0.00% Unchanged
46 Joel Isaacson & Co., LLC 0.00% of their portfolio NEW YORK, NY 26,32826.3k $49.2k $49.2k 0.00% Unchanged
47 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 24,71224.7k $46.0k $46.0k 0.00% New
48 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 24,64024.6k $46.1k $46.1k 0.00% Added +3.0k +3,023
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 23,35223.4k $43.7k $43.7k 0.00% Added +748 +748
50 THOMPSON DAVIS & CO., INC. 0.02% of their portfolio RICHMOND, VA 21,66521.7k $40.5k $40.5k 0.02% New
51 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 19,07819.1k $35.7k $35.7k 0.00% Reduced -4.5k -4,500
52 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 18,92518.9k $35.4k $35.4k 0.00% Added +12.0k +11,958
53 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 17,83217.8k $33.3k $33.3k 0.00% Added +12.2k +12,249
54 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 17,82617.8k $33.3k $33.3k 0.00% Added +4.2k +4,213
55 Atom Investors LP 0.00% of their portfolio AUSTIN, TX 16,96717.0k $31.7k $31.7k 0.00% New
56 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 15,98116.0k $29.9k $29.9k 0.00% Unchanged
57 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 15,34915.3k $28.7k $28.7k 0.00% Added +3.6k +3,561
58 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 14,52514.5k $27.2k $27.2k 0.00% Reduced -16.4k -16,415
59 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 13,50213.5k $25.2k $25.2k 0.00% New
60 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 13,45213.5k $25.2k $25.2k 0.00% New
61 Abel Hall, LLC 0.01% of their portfolio BATON ROUGE, LA 13,22313.2k $24.7k $24.7k 0.01% New
62 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 12,74712.7k $23.8k $23.8k 0.00% Unchanged
63 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 12,50012.5k $23.0k $23.0k 0.00% New
64 Centiva Capital, LP 0.00% of their portfolio New York, NY 12,21212.2k $22.8k $22.8k 0.00% New
65 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,04210.0k $18.0k $18.0k 0.00% Reduced -414.4k -414,417
66 Legal & General Group Plc 0.00% of their portfolio London, X0 9,5959.6k $17.9k $17.9k 0.00% Added +2.2k +2,212
67 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 7,0387.0k $13.2k $13.2k 0.00% Unchanged
68 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 6,9426.9k $13.0k $13.0k 0.00% Added +2.8k +2,772
69 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 5,1745.2k $9.7k $9.7k 0.00% Added +870 +870
70 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,5503.5k $6.6k $6.6k 0.00% Unchanged
71 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 2,6392.6k $5.0k $5.0k 0.00% Added +285 +285
72 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 1,3631.4k $2.5k $2.5k 0.00% Added +221 +221
73 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,3561.4k $3.0k $3.0k 0.00% Added +1.3k +1,282
74 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 890890 $1.7k $1.7k 0.00% New
75 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 409409 $765 $765 0.00% Added +210 +210
76 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 311311 $582 $582 0.00% New
77 Concord Wealth Partners 0.00% of their portfolio ABINGDON, VA 250250 $468 $468 0.00% New
78 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 235235 $439 $439 0.00% Unchanged
79 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 218218 $408 $408 0.00% Reduced -4 -4
80 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 8787 $162 $162 0.00% New
81 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 6262 $116 $116 0.00% Reduced -113 -113
82 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 5656 $105 $105 0.00% New
83 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 3232 $60 $60 0.00% New
84 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 2222 $41 $41 0.00% New
85 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1010 $19 $19 0.00% New
86 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 66 $11 $11 0.00% New
87 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 11 $2 $2 0.00% New