It means nothing to Gsat that Qualcomm isn't reporting its share count properly, if that is the case. It's Qualcomms' responsibility to report its holdings to the SEC quarterly.
Overall the number of shares acquired by the many funds and institutions in the past quarter has been incredible, imo , an increase of 200+M shares. So regardless of Qualcomm holding new or old shares, personally just looking at the new names involved like Vanguard,Barclays, Blackstone, and many other large ones. Also two pointed out by Lava on yahoo, like the Soros fund headed by George Soros and New Generation Advisors LLC with George Putnam III of the "Turnaround letter".
So not all of the buying has been about the Russell index , and funds like these are here for a reason, they see an opportunity and have very good research teams, imo.
xxxxxxxxx George Putnam III is editor and founder of The Turnaround Letter, a newsletter published by New Generation Research, Inc. which deals with investment opportunities related to distressed securities, bankruptcies and turnarounds.[1] He is also president of New Generation Advisers, Inc., which manages a hedge fund which invests in distressed securities.
He graduated from St. Mark's School in Southborough, Massachusetts where he is an active trustee making a speech at graduation every year.[2]
Putnam is a graduate of Harvard College, Harvard Law School and Harvard Business School.[2]
He is also a trustee for Putnam Investments, a mutual fund group founded by his grandfather George Putnam, and an Overseer of the Sea Education Association.
xxxxxxxxx Soros Fund Management LLC is a privately held American investment management firm currently structured as a family office but formerly a hedge fund. The firm was founded in 1969 by George Soros and in 2010 was reported to be one of the most profitable firms in the hedge fund industry,[1] averaging a 20% annual rate of return over four decades.[2] It is headquartered at 888 7th Avenue in New York City
George Soros (/'s?ro?s/[3] or /'s?r?s/; Hungarian: Soros György; Hungarian: ['?oro?]; born August 12, 1930, as Schwartz György) is a Hungarian-born American[4] business magnate,[5][6] investor, and philanthropist. He is the chairman of Soros Fund Management. He is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of pounds, giving him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.[7][8][9]
Soros is a well-known supporter of progressive-liberal political causes.[10] He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984–89)[8] and provided one of Europe's largest higher education endowments to Central European University in Budapest.[11] Soros is also the chairman of the Open Society Foundations.