Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Telesat Corp (TSAT)

104 + Investors. Track Smart Money conviction in TSAT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +29
Streak
2Q ▲
Buyers last Q
63%

Smart Money Signals — TSAT

Based on 104 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added TSAT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
104 hedge funds hold TSAT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +82% more funds vs a year ago

fund count last 6Q
+47 new funds entered over the past year (+82% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 63% buying

63 buying37 selling
Last quarter: 63 funds were net buyers (40 opened a brand new position + 23 added to an existing one). Only 37 were sellers (26 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+18 vs last Q)

new funds entering per quarter
Funds opening a new TSAT position: 14 → 10 → 22 → 40. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 33% long-term, 46% new

■ 33% conviction (2yr+) ■ 21% medium ■ 46% new
Of the 104 current holders: 34 (33%) held >2 years, 22 held 1–2 years, and 48 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Price up while funds trimmed (+38% value, -2% shares)

Value
+37%
Shares
-1%
Last quarter: total value of institutional TSAT holdings rose +38% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

11 → 14 → 10 → 22 → 40 new funds/Q
New funds entering each quarter: 14 → 10 → 22 → 40. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 46% veterans vs 45% newcomers

■ 46% veterans ■ 8% 1-2yr ■ 45% new
Entry-cohort mix of 110 holders: 51 (46%) are 2+ year veterans, 9 entered 1–2 years ago, and 50 (45%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
23 of 104 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TSAT

In 2026 Q2, 63 hedge funds were net buyers of TSAT (40 opened a new position, 23 added to an existing one), while 37 reduced or exited (26 trimmed, 11 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +29 funds (more new holders than closures). Total institutional holders: 104.

Hedge Fund Ownership: TSAT

How many hedge funds hold TSAT — quarterly history vs. share price
Quarterly hedge fund ownership of TSAT vs. share price

Market Analysis: TSAT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TSAT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: TSAT
104 + Investors

Track Smart Money conviction in TSAT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 104 75 38.67%
13F Shares 43M 44M -1.6%
Total Value $2.16B $1.57B 37.87%
New Positions 40 22 +18
Increased Positions 22 23 -1
Closed Positions 11 11 -
Reduced Positions 24 14 +10
Total Calls 3 4 -25.0%
Total Puts 3 2 50.0%
PUT/CALL Ratio 1.0 0.5 Neutral

Statistics: TSAT

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Financial Highlights

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Institutional Holders (2026 Q2)

104 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TSAT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TSAT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mhr Fund Management LLC 47.56% 18,035,092 $912.9M
2 LM Asset Management Inc. 8.36% 266,350 $13.5M
3 Public Sector Pension Investment Board 2.38% 18,211,203 $921.9M
4 AYAL Capital Advisors Ltd 2.07% 151,500 $7.7M
5 PenderFund Capital Management Ltd. 1.41% 225,153 $11.0M
6 Nexpoint Asset Management, L.P. 1.34% 396,623 $20.1M
7 Gamco Investors, INC. Et Al 0.78% 1,723,385 $87.2M
8 Pembroke Management, LTD 0.73% 91,739 $4.6M
9 K.J. Harrison & Partners Inc 0.47% 66,000 $3.3M
10 PCJ Investment Counsel Ltd. 0.45% 31,180 $1.6M
11 GABELLI & Co INVESTMENT ADVISERS, INC. 0.41% 55,911 $2.8M
12 Formula Growth Ltd 0.41% 22,873 $1.2M
13 Gabelli Funds LLC 0.23% 716,281 $36.3M
14 Senvest Management, LLC 0.20% 137,668 $7.0M
15 CenterBook Partners LP 0.18% 71,500 $3.6M
16 Black Maple Capital Management LP 0.16% 5,516 $279K
17 Guardian Capital LP 0.13% 107,029 $5.4M
18 Militia Capital Management LLC 0.06% 15,475 $560K
19 Rossby Financial, LCC 0.04% 4,100 $208K
20 Platform Technology Partners 0.04% 4,551 $230K
21 Quadrature Capital Ltd 0.03% 69,766 $3.5M
22 National Philanthropic Trust 0.03% 40,000 $2.0M
23 Allied Private Wealth LLC 0.03% 1,000 $45K
24 Rokos Capital Management LLP 0.03% 137,737 $7.0M
25 Mangrove Partners IM, LLC 0.03% 7,743 $392K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Telesat Corp (TSAT)

What does the Smart Money Trend signal show for TSAT?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added TSAT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TSAT?

More buyers than sellers — 63% buying: Last quarter: 63 funds were net buyers (40 opened a brand new position + 23 added to an existing one). Only 37 were sellers (26 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TSAT holders?

Smaller funds dominant — 3% AUM from top-100: 23 of 104 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TSAT?

Mixed — 33% long-term, 46% new: Of the 104 current holders: 34 (33%) held >2 years, 22 held 1–2 years, and 48 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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