Globalstar Inc (GSAT) Institutional Investor Snapshot (325 Funds, Q2 2026)

GSAT ranks #1942 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

GSAT is a disclosed holding of Israel Englander (Millennium Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.

GSAT is a top-conviction position for P Schoenfeld Asset Management LP — at 9.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in GSAT belongs to BlackRock, Inc., but the position matters far more to P Schoenfeld Asset Management LP, who has 9.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Merrion Investment Management Co, LLC has added to its GSAT position for two straight quarters, increasing it by $5.0M to reach $7.9M today.

GSAT is up 0% today, and institutions have been net buyers of $886.4M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

GSAT reported a net loss of $54.5M over the trailing twelve months.

• Not yet profitable — net loss of $54.5M over the trailing twelve months
• Revenue grew 7.7% year over year
• Net income declined year over year, from -$38.4M to -$54.5M
• Generated $621.7M in positive operating cash flow
• Current ratio of 2.42x — enough short-term assets to cover short-term liabilities
• Liabilities run 5.54x equity — a highly leveraged balance sheet worth noting