Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in TSAT held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | PUBLIC SECTOR PENSION INVESTMENT BOARD | 18.2M | $921.9M | 0.0% | 119.658% | 1.19% |
| 2 | MHR FUND MANAGEMENT LLC | 18.0M | $912.9M | 0.0% | 118.501% | 47.56% |
| 3 | GAMCO INVESTORS, INC. ET AL | 1.7M | $87.2M | -2.6% | 11.324% | 0.78% |
| 4 | GABELLI FUNDS LLC | 716K | $36.3M | +0.3% | 4.706% | 0.23% |
| 5 | MILLENNIUM MANAGEMENT LLC | 544K | $27.6M | +258.7% | 3.576% | 0.01% |
| 6 | NEXPOINT ASSET MANAGEMENT, L.P. | 397K | $20.1M | 0.0% | 2.606% | 1.34% |
| 7 | LM Asset Management Inc. | 266K | $13.5M | -30.4% | 1.750% | 8.36% |
| 8 | MORGAN STANLEY | 256K | $13.0M | +56.9% | 1.683% | 0.00% |
| 9 | PenderFund Capital Management Ltd. | 225K | $11.0M | -39.3% | 1.479% | 1.41% |
| 10 | MACKENZIE FINANCIAL CORP | 119K | $8.5M | β | 0.781% | 0.01% |
| 11 | OSAIC HOLDINGS, INC. | 157K | $7.9M | +14.5% | 1.031% | 0.01% |
| 12 | AYAL Capital Advisors Ltd | 152K | $7.7M | +2.4% | 0.995% | 2.07% |
| 13 | Senvest Management, LLC | 138K | $7.0M | 0.0% | 0.905% | 0.20% |
| 14 | Rokos Capital Management LLP | 138K | $7.0M | β | 0.905% | 0.03% |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 120K | $6.1M | +90.6% | 0.786% | 0.00% |
| 16 | CITADEL ADVISORS LLC | 115K | $5.8M | -34.8% | 0.753% | 0.00% |
| 17 | GUARDIAN CAPITAL LP | 107K | $5.4M | β | 0.703% | 0.13% |
| 18 | Connor, Clark & Lunn Investment Management Ltd. | 94K | $4.8M | -23.8% | 0.617% | 0.01% |
| 19 | Pembroke Management, LTD | 92K | $4.6M | -1.2% | 0.603% | 0.33% |
| 20 | JANE STREET GROUP, LLC | 87K | $4.4M | +46.1% | 0.569% | 0.00% |
| 21 | CenterBook Partners LP | 72K | $3.6M | β | 0.470% | 0.18% |
| 22 | Quadrature Capital Ltd | 70K | $3.5M | +459.4% | 0.458% | 0.03% |
| 23 | K.J. Harrison & Partners Inc | 66K | $3.3M | -5.7% | 0.434% | 0.47% |
| 24 | GABELLI & Co INVESTMENT ADVISERS, INC. | 56K | $2.8M | +4.9% | 0.367% | 0.41% |
| 25 | Qube Research & Technologies Ltd | 51K | $2.6M | +533.2% | 0.335% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in TSAT β a direct measure of their conviction.
Filings activity in TSAT during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new TSAT position in Q2 2026
Institutions that fully closed their TSAT position in Q2 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 103 | +36% | 199.99% | +0.00 pp | $2.16B | +38% |
| Q1 2026 | 76 | +19% | 199.99% | +0.00 pp | $1.57B | +24% |
| Q4 2025 | 64 | +0.0% | 199.99% | +0.00 pp | $1.26B | +9.8% |
| Q3 2025 | 64 | +8.5% | 199.99% | +0.00 pp | $1.15B | +8.3% |
| Q2 2025 | 59 | +5.4% | 199.99% | +0.00 pp | $1.06B | +30% |
| Q1 2025 | 56 | +24% | 199.99% | +0.00 pp | $815M | +14% |
| Q4 2024 | 45 | +18% | 199.99% | +0.00 pp | $718M | +24% |
| Q3 2024 | 38 | β | 199.99% | β | $577M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TSAT stock.
Based on Q2 2026 13F filings, institutional ownership of Telesat Corporation stands at 200.0%, held across 103 reporting institutions.
PUBLIC SECTOR PENSION INVESTMENT BOARD is the largest reported institutional holder of TSAT, with approximately 18,211,203 shares worth $0.92B as of Q2 2026.
Yes β 4 widely-followed marquee investors appear among the top 25 institutional holders of TSAT, including MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC, JANE STREET GROUP, LLC.
Our composite Smart Money Score for TSAT is 73 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
37 institutions opened new positions in TSAT during Q2 2026, while 12 fully exited. 48 added to existing positions and 15 trimmed.
TSAT institutional ownership rose by 0.00 percentage points quarter-over-quarter, with a net change of +27 holders.
The top 10 institutions account for 95.0% of all reported 13F value in TSAT, and the top 25 account for 98.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Telesat Corporation (TSAT) Institutional Ownership