TelesatTSAT
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 65 institutions reported holding Telesat Corp. (TSAT) in their 13F filings, unchanged from Q3 2025. 10 opened new positions and 8 sold out. The largest holders were Public Sector Pension Investment Board ($529.9M), MHR Fund Management LLC ($524.8M) and GAMCO Investors ($53.3M). 4 famous investors held it, including Mario Gabelli (0.5% of GAMCO Investors's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- Telesat Corp.
- CUSIP
- 879512309
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 10 | $3.8M |
| Exits | 8 | $5.9M |
All 13F filers, Q3 2025 → Q4 2025: 519,349 shares bought and 748,367 shares sold, net −229,018 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 65 holders
| Public Sector Pension Investment Board | 1.79% | No change | 18,211,203 | $529.9M |
| MHR Fund Management LLC | 45.17% | No change | 18,035,092 | $524.8M |
| GAMCO Investors | 0.51% | Add +2.5% | 1,831,693 | $53.3M |
| Heard Capital LLC | 1.68% | Reduce -16.6% | 1,227,343 | $35.7M |
| Rubric Capital Management LP | 0.29% | No change | 843,781 | $24.6M |
| Gabelli Funds LLC | 0.14% | Reduce -0.3% | 712,879 | $20.7M |
| PenderFund Capital Management Ltd. | 6.12% | No change | 409,753 | $15.9M |
| Nexpoint Asset Management, L.P. | 0.81% | No change | 396,623 | $11.5M |
| LM Asset Management Inc. | 7.62% | Reduce -27.2% | 329,450 | $9.5M |
| Vestcor Inc | 0.17% | Add +14.3% | 200,000 | $5.8M |
| Senvest Management, LLC | 0.12% | Add +261.5% | 134,668 | $3.9M |
| Millennium Management | 0.00% | Add +245.3% | 128,472 | $3.7M |
| PCJ Investment Counsel Ltd. | 0.84% | Add +4.7% | 117,498 | $3.4M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Reduce -4.3% | 112,515 | $3.3M |
| K.J. Harrison & Partners Inc | 0.27% | Add +20.7% | 70,000 | $2.0M |
| Citadel Advisors | 0.00% | Add +7.0% | 68,233 | $2.0M |
| Morgan Stanley | 0.00% | Add +54.3% | 64,323 | $1.9M |
| Pathstone Holdings, LLC | 0.01% | Add +375.3% | 56,992 | $1.7M |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 0.25% | Reduce -9.8% | 57,711 | $1.7M |
| Renaissance Technologies | 0.00% | Reduce -9.5% | 55,800 | $1.6M |
| Bank of Montreal | 0.00% | New | 43,235 | $1.2M |
| Penserra Capital Management LLC | 0.01% | Add +41.6% | 42,462 | $1.2M |
| Lazard Asset Management LLC | 0.00% | New | 41,504 | $1.2M |
| National Philanthropic Trust | 0.01% | No change | 40,000 | $1.2M |
| Susquehanna International Group, LLP | 0.00% | Add +83.2% | 27,333 | $795K |
| Jane Street Group, LLC | 0.00% | Reduce -28.5% | 26,048 | $758K |
| Polar Asset Management Partners Inc. | 0.02% | Reduce -76.2% | 25,000 | $721K |
| Federation des caisses Desjardins du Quebec | 0.00% | Add +19.4% | 24,668 | $680K |
| Quadrature Capital Ltd | 0.01% | New | 20,692 | $602K |
| Bank of America Corp. | 0.00% | Reduce -10.9% | 20,168 | $587K |
| TD Waterhouse Canada Inc. | 0.00% | Add +30.7% | 20,882 | $586K |
| Diametric Capital, LP | 0.15% | Add +10.1% | 19,719 | $574K |
| Walleye Capital LLC | 0.00% | Reduce -36.4% | 18,387 | $535K |
| Acadian Asset Management LLC | 0.00% | Reduce -10.2% | 16,670 | $482K |
| Militia Capital Partners, LP | 0.17% | No change | 15,475 | $450K |
| Peapack Gladstone Financial Corp. | 0.01% | No change | 13,885 | $404K |
| Trexquant Investment LP | 0.00% | Reduce -7.5% | 12,588 | $366K |
| PDT Partners, LLC | 0.02% | No change | 10,613 | $309K |
| XTX Topco Ltd | 0.01% | New | 9,841 | $286K |
| Platform Technology Partners | 0.05% | Reduce -41.5% | 8,551 | $249K |
| Geode Capital Management, LLC | 0.00% | No change | 8,121 | $236K |
| Stifel Financial Corp. | 0.00% | Reduce -0.8% | 7,922 | $231K |
| Virtu Financial LLC | 0.01% | New | 7,262 | $211K |
| Asset Management One Co., Ltd. | 0.00% | Reduce -1.5% | 7,063 | $209K |
| JPMorgan Chase & Co. | 0.00% | Reduce -55.3% | 7,117 | $207K |
| BNP Paribas Financial Markets | 0.00% | Add +84.5% | 7,045 | $205K |
| SageView Advisory Group, LLC | 0.00% | New | 4,500 | $131K |
| Central Pacific Bank - Trust Division | 0.02% | No change | 4,486 | $131K |
| Royal Bank of Canada | 0.00% | Add +32.2% | 2,922 | $85K |
| Quantbot Technologies LP | 0.00% | New | 1,966 | $57K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +487.5% | 1,175 | $34K |
| Citigroup Inc. | 0.00% | New | 1,042 | $30K |
| National Bank of Canada | 0.00% | Add +51.2% | 1,072 | $28K |
| UBS Group AG | 0.00% | Reduce -64.5% | 797 | $23K |
| Simplex Trading, LLC | 0.00% | Reduce -95.5% | 758 | $22K |
| Osaic Holdings, Inc. | 0.00% | No change | 575 | $17K |
| Smartleaf Asset Management LLC | 0.00% | New | 500 | $15K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 500 | $15K |
| IFP Advisors, Inc | 0.00% | No change | 500 | $15K |
| Ancora Advisors LLC | 0.00% | No change | 400 | $12K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -14.8% | 46 | $1K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 45 | $1K |
| Covestor Ltd | 0.00% | No change | 37 | $1K |
| Concord Wealth Partners | 0.00% | New | 15 | $437 |
| Farther Finance Advisors, LLC | 0.00% | Add +66.7% | 15 | $437 |
"% of holder's portfolio" is TSAT's weight in each manager's 13F, not the share of Telesat Corp. the manager owns.