Telesat Corp
TSAT- Exchange
- Nasdaq
- Industry
- Communications Services, NEC
- SEC CIK
- 0001845840
No open-market purchases or sales by Telesat Corp insiders were filed in the last 90 days; 103 institutions reported holding it in 13F filings for Q2 2026, worth $2.17B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Telesat Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 65
- +2 vs. Q3 2025
- Shares held
- 43.6M
- −229.0K (−0.5%) vs. Q3 2025
- Total value
- $1.27B
- +$118.7M (+10.3%) vs. Q3 2025
- New holders
- 10
- 19 more added
- Sold out
- 8
- 19 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting TSAT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 103 | $2.17B |
| Q1 2026 | 76 | $1.58B |
| Q4 2025 | 65 | $1.27B |
| Q3 2025 | 65 | $1.15B |
| Q2 2025 | 59 | $1.06B |
| Q1 2025 | 57 | $820.3M |
| Q4 2024 | 46 | $718.5M |
| Q3 2024 | 40 | $578.1M |
| Q2 2024 | 38 | $400.2M |
| Q1 2024 | 45 | $376.2M |
| Q4 2023 | 49 | $470.3M |
| Q3 2023 | 46 | $640.1M |
| Q2 2023 | 44 | $420.7M |
| Q1 2023 | 43 | $384.2M |
| Q4 2022 | 49 | $197.7M |
| Q3 2022 | 55 | $206.6M |
| Q2 2022 | 64 | $297.8M |
| Q1 2022 | 82 | $448.5M |
| Q4 2021 | 91 | $773.4M |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Telesat Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Public Sector Pension Investment Board | 18,211,203 | $529.9M | 1.79% | 00.0% | Unchanged |
| MHR Fund Management LLC | 18,035,092 | $524.8M | 45.17% | 00.0% | Unchanged |
| Gamco Investors, Inc. Et Al | 1,831,693 | $53.3M | 0.51% | +44,785+2.5% | Added |
| Heard Capital LLC | 1,227,343 | $35.7M | 1.68% | −244,992−16.6% | Reduced |
| Rubric Capital Management LP | 843,781 | $24.6M | 0.29% | 00.0% | Unchanged |
| Gabelli Funds LLC | 712,879 | $20.7M | 0.14% | −2,400−0.3% | Reduced |
| PenderFund Capital Management Ltd. | 409,753 | $15.9M | 2.51% | 00.0% | Unchanged |
| Highland Capital Management Fund Advisors, L.P. | 396,623 | $11.5M | 0.80% | 00.0% | Unchanged |
| LM Asset (IM) Inc. | 329,450 | $9.52M | 7.62% | −123,000−27.2% | Reduced |
| Vestcor Inc | 200,000 | $5.82M | 0.17% | +25,000+14.3% | Added |
| Senvest Management, LLC | 134,668 | $3.92M | 0.12% | +97,411+261.5% | Added |
| Millennium Management LLC | 128,472 | $3.74M | 0.00% | +91,272+245.4% | Added |
| PCJ Investment Counsel Ltd. | 117,498 | $3.39M | 0.84% | +5,318+4.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 112,515 | $3.27M | 0.01% | −5,038−4.3% | Reduced |
| K.J. Harrison & Partners Inc | 70,000 | $2.02M | 0.27% | +12,000+20.7% | Added |
| Citadel Advisors LLC | 68,233 | $1.99M | 0.00% | +4,496+7.1% | Added |
| Morgan Stanley | 64,323 | $1.87M | 0.00% | +22,647+54.3% | Added |
| Pathstone Holdings, LLC | 56,992 | $1.71M | 0.01% | +45,000+375.3% | Added |
| Gabelli & Co Investment Advisers, Inc. | 57,711 | $1.68M | 0.25% | −6,300−9.8% | Reduced |
| Renaissance Technologies LLC | 55,800 | $1.62M | 0.00% | −5,846−9.5% | Reduced |
| Bank of Montreal | 43,235 | $1.25M | 0.00% | +43,235 | New |
| Penserra Capital Management LLC | 42,462 | $1.24M | 0.01% | +12,467+41.6% | Added |
| Lazard Asset Management LLC | 41,504 | $1.21M | 0.00% | +41,504 | New |
| National Philanthropic Trust | 40,000 | $1.16M | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 27,333 | $795.4K | 0.00% | +12,412+83.2% | Added |
| Jane Street Group, LLC | 26,048 | $758.0K | 0.00% | −10,397−28.5% | Reduced |
| Polar Asset Management Partners Inc. | 25,000 | $720.9K | 0.01% | −80,225−76.2% | Reduced |
| Federation des caisses Desjardins du Quebec | 24,668 | $679.9K | 0.00% | +4,000+19.4% | Added |
| Quadrature Capital Ltd | 20,692 | $602.1K | 0.01% | +20,692 | New |
| Bank of America Corp | 20,168 | $586.9K | 0.00% | −2,477−10.9% | Reduced |
| TD Waterhouse Canada Inc. | 20,882 | $586.1K | 0.00% | +4,901+30.7% | Added |
| Diametric Capital, LP | 19,719 | $573.8K | 0.15% | +1,800+10.0% | Added |
| Walleye Capital LLC | 18,387 | $535.1K | 0.00% | −10,506−36.4% | Reduced |
| Acadian Asset Management LLC | 16,670 | $482.0K | 0.00% | −1,900−10.2% | Reduced |
| Militia Capital Partners, LP | 15,475 | $450.3K | 0.17% | 00.0% | Unchanged |
| Peapack Gladstone Financial Corp | 13,885 | $404.0K | 0.01% | 00.0% | Unchanged |
| Trexquant Investment LP | 12,588 | $366.3K | 0.00% | −1,013−7.4% | Reduced |
| PDT Partners, LLC | 10,613 | $308.8K | 0.02% | 00.0% | Unchanged |
| XTX Topco Ltd | 9,841 | $286.4K | 0.01% | +9,841 | New |
| Platform Technology Partners | 8,551 | $248.8K | 0.05% | −6,073−41.5% | Reduced |
| Geode Capital Management, LLC | 8,121 | $236.3K | 0.00% | 00.0% | Unchanged |
| Stifel Financial Corp | 7,922 | $230.5K | 0.00% | −60−0.8% | Reduced |
| Virtu Financial LLC | 7,262 | $211.0K | 0.01% | +7,262 | New |
| Asset Management One Co.,Ltd. | 7,063 | $208.5K | 0.00% | −108−1.5% | Reduced |
| JPMorgan Chase & Co | 7,117 | $207.1K | 0.00% | −8,815−55.3% | Reduced |
| BNP Paribas Arbitrage, SA | 7,045 | $205.0K | 0.00% | +3,227+84.5% | Added |
| SageView Advisory Group, LLC | 4,500 | $130.9K | 0.00% | +4,500 | New |
| Central Pacific Bank - Trust Division | 4,486 | $130.5K | 0.02% | 00.0% | Unchanged |
| Royal Bank of Canada | 2,922 | $85.0K | 0.00% | +712+32.2% | Added |
| Quantbot Technologies LP | 1,966 | $57.2K | 0.00% | +1,966 | New |
| Tower Research Capital LLC (TRC) | 1,175 | $34.2K | 0.00% | +975+487.5% | Added |
| Citigroup Inc | 1,042 | $30.1K | 0.00% | +1,042 | New |
| National Bank of Canada | 1,072 | $27.9K | 0.00% | +363+51.2% | Added |
| UBS Group AG | 797 | $23.2K | 0.00% | −1,446−64.5% | Reduced |
| Simplex Trading, LLC | 758 | $22.1K | 0.00% | −16,018−95.5% | Reduced |
| Advisor Group Holdings, Inc. | 575 | $16.7K | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 500 | $14.7K | 0.00% | +500 | New |
| Bryn Mawr Trust Co | 500 | $14.6K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 500 | $14.6K | 0.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 400 | $11.6K | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 46 | $1.34K | 0.00% | −8−14.8% | Reduced |
| Steward Partners Investment Advisory, LLC | 45 | $1.31K | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 37 | $1.00K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 15 | $437 | 0.00% | +6+66.7% | Added |
| Concord Wealth Partners | 15 | $437 | 0.00% | +15 | New |
| Caption Management, LLC | 0 | $0 | 0.00% | −86,835−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −53,214−100.0% | Sold out |
| Aristeia Capital LLC | 0 | $0 | 0.00% | −26,740−100.0% | Sold out |
| Fiera Capital Corp | 0 | $0 | 0.00% | −23,796−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −13,694−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −9,438−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −8,000−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −28−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Guerra Advisors Inc | – | – | – | – | Not filed |