Who owns VSAT (VSAT)
Which tracked institutional funds hold VSAT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VSAT company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on VSAT is one-sided between 2025-Q4 and 2026-Q1: 151 added or opened and 51 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VSAT’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes VSAT more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in VSAT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 396 tracked filers holding VSAT, 225 increased or opened the position and 161 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VSAT between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 26
- VANGUARD PORTFOLIO MANAGEMENT LLC$447M
- VANGUARD CAPITAL MANAGEMENT LLC$267M
- Contour Asset Management LLC$70M
- 140 Summer Partners LP$42M
- VANGUARD FIDUCIARY TRUST CO$40M
- LBP AM SA$10M
Full exits 18
- VANGUARD GROUP INC$570M
- Caption Management, LLC$21M
- Hi-Line Capital Management, LLC$7M
- PDT Partners, LLC$7M
- Weiss Asset Management LP$7M
- BI Asset Management Fondsmaeglerselskab A/S$6M
Largest adds
- BlackRock, Inc.$166M
- AMERICAN CENTURY COMPANIES INC$103M
- Invesco Ltd.$89M
- DIMENSIONAL FUND ADVISORS LP$80M
- STATE STREET CORP$75M
- Nuveen, LLC$64M
Largest trims
- DEUTSCHE BANK AG\$23M
- JANE STREET GROUP, LLC$13M
- CITIGROUP INC$10M
- TWO SIGMA INVESTMENTS, LP$9M
- Lodge Hill Capital, LLC$8M
- Point72 Asset Management, L.P.$8M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 18,683,279 | $856M | 13.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 9,750,033 | $447M | 6.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 5,835,874 | $267M | 4.1% | 2026-Q1 |
| STATE STREET CORP added | 5,784,687 | $265M | 4.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 5,736,614 | $263M | 4.0% | 2026-Q1 |
| DISCIPLINED GROWTH INVESTORS INC /MN trimmed | 5,660,688 | $259M | 4.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 4,789,539 | $219M | 3.4% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 4,742,678 | $217M | 3.3% | 2026-Q1 |
| OCO Capital Partners, L.P. trimmed | 4,500,000 | $206M | 3.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,833,011 | $178M | 2.7% | 2026-Q1 |
| Nuveen, LLC added | 3,740,014 | $171M | 2.6% | 2026-Q1 |
| CARRONADE CAPITAL MANAGEMENT, LP added | 3,229,296 | $148M | 2.3% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 3,185,626 | $146M | 2.2% | 2026-Q1 |
| Invesco Ltd. added | 3,007,293 | $138M | 2.1% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 2,892,760 | $132M | 2.0% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,117,498 | $97M | 1.5% | 2026-Q1 |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC added | 2,100,000 | $96M | 1.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,840,933 | $84M | 1.3% | 2026-Q1 |
| Contour Asset Management LLC new | 1,528,068 | $70M | 1.1% | 2026-Q1 |
| UBS Group AG added | 1,484,000 | $68M | 1.0% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 1,465,279 | $67M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,390,534 | $64M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,374,170 | $63M | 1.0% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 1,204,700 | $55M | 0.8% | 2026-Q1 |
| Empyrean Capital Partners, LP | 1,138,000 | $52M | 0.8% | 2026-Q1 |
| Long Focus Capital Management, LLC added | 1,089,300 | $50M | 0.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,059,831 | $49M | 0.7% | 2026-Q1 |
| 140 Summer Partners LP new | 907,970 | $42M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 869,823 | $40M | 0.6% | 2026-Q1 |
| LEE DANNER & BASS INC added | 832,925 | $38M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 790,417 | $36M | 0.6% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 684,394 | $31M | 0.5% | 2026-Q1 |
| Quantinno Capital Management LP added | 670,317 | $31M | 0.5% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 660,210 | $30M | 0.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 659,634 | $30M | 0.5% | 2026-Q1 |
| Penserra Capital Management LLC added | 584,480 | $27M | 0.4% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 513,409 | $24M | 0.4% | 2026-Q1 |
| Legal & General Group Plc trimmed | 493,557 | $23M | 0.3% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 486,069 | $22M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board trimmed | 485,908 | $22M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 487,085 | $21M | 0.3% | 2026-Q1 |
| Empowered Funds, LLC trimmed | 384,400 | $18M | 0.3% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 378,267 | $17M | 0.3% | 2026-Q1 |
| Lodge Hill Capital, LLC trimmed | 375,000 | $17M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 348,486 | $16M | 0.2% | 2026-Q1 |
| South Dakota Investment Council added | 336,056 | $15M | 0.2% | 2026-Q1 |
| NEEDHAM INVESTMENT MANAGEMENT LLC | 330,600 | $15M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 334,595 | $15M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 315,592 | $14M | 0.2% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 299,459 | $14M | 0.2% | 2026-Q1 |
| Paloma Partners Management Co added | 273,560 | $13M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 251,131 | $12M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 240,331 | $11M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 239,526 | $11M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 227,524 | $10M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 213,829 | $10M | 0.2% | 2026-Q1 |
| LBP AM SA new | 210,986 | $10M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 203,053 | $9M | 0.1% | 2026-Q1 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed | 196,761 | $9M | 0.1% | 2026-Q1 |
| Defiance ETFs, LLC trimmed | 195,399 | $9M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC added | 193,408 | $9M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 189,700 | $9M | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 185,034 | $8M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 174,245 | $8M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 173,772 | $8M | 0.1% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 172,089 | $8M | 0.1% | 2026-Q1 |
| Harvest Investment Services, LLC added | 165,921 | $8M | 0.1% | 2026-Q1 |
| 13D Management LLC trimmed | 164,750 | $8M | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 160,910 | $7M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 159,355 | $7M | 0.1% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 153,927 | $7M | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 152,985 | $7M | 0.1% | 2026-Q1 |
| Taconic Capital Advisors LP | 180,000 | $6M | 0.1% | 2026-Q1 |
| P SCHOENFELD ASSET MANAGEMENT LP added | 133,732 | $6M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 133,708 | $6M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 132,748 | $6M | 0.1% | 2026-Q1 |
| Aperture Investors, LLC trimmed | 126,000 | $6M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 122,751 | $6M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 159,175 | $5M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 116,793 | $5M | 0.1% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 113,700 | $5M | 0.1% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 113,154 | $5M | 0.1% | 2026-Q1 |
| Informed Momentum Co LLC trimmed | 110,615 | $5M | 0.1% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 110,555 | $5M | 0.1% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC | 108,101 | $5M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 106,898 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 16,531,843 | $570M | 8.8% | 2025-Q4 stale |
| BAUPOST GROUP LLC/MA trimmed | 9,190,728 | $134M | 2.1% | 2025-Q2 stale |
| WARBURG PINCUS LLC | 8,390,687 | $87M | 1.3% | 2025-Q1 stale |
| ONTARIO TEACHERS PENSION PLAN BOARD trimmed | 4,795,334 | $50M | 0.8% | 2025-Q1 stale |
| Caption Management, LLC trimmed | 603,623 | $21M | 0.3% | 2025-Q4 stale |
| Jump Financial, LLC added | 1,089,065 | $16M | 0.2% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC added | 911,837 | $13M | 0.2% | 2025-Q2 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 428,470 | $13M | 0.2% | 2025-Q3 stale |
| Hi-Line Capital Management, LLC trimmed | 211,050 | $7M | 0.1% | 2025-Q4 stale |
| PDT Partners, LLC trimmed | 206,101 | $7M | 0.1% | 2025-Q4 stale |
| Weiss Asset Management LP new | 193,840 | $7M | 0.1% | 2025-Q4 stale |
| BI Asset Management Fondsmaeglerselskab A/S added | 170,339 | $6M | 0.1% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL trimmed | 372,338 | $5M | 0.1% | 2025-Q2 stale |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 149,444 | $5M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.