| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| GAMCO INVESTORS, INC. ET AL | 12% | -5.4% | $28,313,253 | -$160,933 | 1,802,244 | -0.57% | GAMCO Asset Management Inc. | 30 May 2025 |
| Heard Capital LLC | 10% | -9.2% | $37,894,085 | -$3,174,488 | 1,519,410 | -7.7% | Heard Capital LLC | 30 Jun 2025 |
| Greywolf Capital Management LP | 6.2% | $13,519,256 | 860,551 | Greywolf Opportunities Master Fund II LP | 31 Dec 2024 | |||
| Lau Daniel | 4.3% | $9,777,118 | 622,350 | Daniel Lau | 31 Mar 2025 |
As of 30 Sep 2025, 64 institutional investors reported holding 43,786,385 shares of Telesat Corp - Class B Variable Voting Shares, no par value per share (TSAT). This represents 300% of the company’s total 14,609,712 outstanding shares.
The largest institutional shareholders of Telesat Corp - Class B Variable Voting Shares, no par value per share (TSAT) together control 297% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 125% | 18,211,203 | 0% | 1.8% | $475,501,267 |
| MHR FUND MANAGEMENT LLC | 123% | 18,035,092 | 0% | 47% | $477,929,938 |
| GAMCO INVESTORS, INC. ET AL | 12% | 1,786,908 | -3.9% | 0.46% | $47,353,062 |
| Heard Capital LLC | 10% | 1,472,335 | -3% | 2.1% | $39,016,877 |
| Rubric Capital Management LP | 5.8% | 843,781 | 0% | 0.3% | $22,360,197 |
| GABELLI FUNDS LLC | 4.9% | 715,279 | -1.4% | 0.13% | $18,954,894 |
| LM Asset (IM) Inc. | 3.1% | 452,450 | -3% | 9.4% | $11,822,749 |
| PenderFund Capital Management Ltd. | 2.8% | 409,753 | +307% | 1.8% | $10,511,779 |
| NEXPOINT ASSET MANAGEMENT, L.P. | 2.7% | 396,623 | -26% | 0.93% | $10,510,510 |
| Vestcor Inc | 1.2% | 175,000 | +40% | 0.14% | $4,638,000 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.8% | 117,553 | +34% | 0.01% | $3,114,994 |
| PCJ Investment Counsel Ltd. | 0.77% | 112,180 | -1.5% | 0.81% | $2,927,782 |
| Polar Asset Management Partners Inc. | 0.72% | 105,225 | +83% | 0.06% | $2,779,415 |
| Caption Management, LLC | 0.59% | 86,835 | -24% | 0.13% | $2,301,128 |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 0.44% | 64,011 | -19% | 0.27% | $1,696,292 |
| CITADEL ADVISORS LLC | 0.44% | 63,737 | +451% | 0% | $1,689,031 |
| RENAISSANCE TECHNOLOGIES LLC | 0.42% | 61,646 | -10% | 0% | $1,633,619 |
| K.J. Harrison & Partners Inc | 0.4% | 58,000 | +128% | 0.23% | $1,608,780 |
| GROUP ONE TRADING LLC | 0.36% | 53,214 | -17% | 0.04% | $1,410,171 |
| MORGAN STANLEY | 0.29% | 41,676 | +11% | 0% | $1,104,415 |
| Senvest Management, LLC | 0.26% | 37,257 | 0.03% | $987,311 | |
| MILLENNIUM MANAGEMENT LLC | 0.25% | 37,200 | -16% | 0% | $985,800 |
| JANE STREET GROUP, LLC | 0.25% | 36,445 | -58% | 0% | $965,792 |
| Penserra Capital Management LLC | 0.21% | 29,995 | +4.5% | 0.01% | $794,000 |
| Walleye Capital LLC | 0.2% | 28,893 | -61% | 0.01% | $765,665 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 4,486 | $130,543 | $29.10 | 1 | |
| 2025 Q3 | 43,786,385 | $1,152,726,973 | +$3,500,172 | $26.50 | 64 |
| 2025 Q2 | 43,644,517 | $1,063,747,554 | +$840,077 | $24.44 | 57 |
| 2025 Q1 | 43,679,011 | $818,864,033 | +$182,986 | $18.83 | 55 |
| 2024 Q4 | 43,676,946 | $717,814,073 | -$9,578,089 | $16.44 | 45 |
| 2024 Q3 | 43,635,669 | $577,618,099 | -$3,025,081 | $13.17 | 39 |
| 2024 Q2 | 43,874,346 | $399,865,262 | -$2,563,729 | $9.10 | 37 |
| 2024 Q1 | 44,116,791 | $375,696,172 | -$8,268,675 | $8.52 | 42 |
| 2023 Q4 | 44,964,033 | $469,875,921 | -$162,798 | $10.43 | 47 |
| 2023 Q3 | 44,604,700 | $640,076,164 | +$751,082 | $14.30 | 46 |
| 2023 Q2 | 44,605,737 | $420,686,634 | +$1,095,514 | $9.42 | 40 |
| 2023 Q1 | 44,503,784 | $384,213,026 | +$157,609,895 | $8.60 | 40 |
| 2022 Q4 | 26,364,492 | $197,658,112 | -$1,752,623 | $7.50 | 45 |
| 2022 Q3 | 26,383,785 | $206,064,348 | -$2,878,333 | $7.81 | 47 |
| 2022 Q2 | 26,664,021 | $297,824,244 | -$11,294,580 | $11.17 | 54 |
| 2022 Q1 | 27,172,488 | $448,417,602 | -$1,038,121 | $16.50 | 76 |
| 2021 Q4 | 26,965,409 | $773,163,158 | +$756,908,158 | $28.67 | 81 |