Courage Capital Management’s EchoStar ECHO Stock Holding History

Courage Capital Management’s Portfolio ECHO Stock Details ECHO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-130,990	Closed	-$4.15M	–	21
2015 Q4	$4.15M	Hold	130,990	–	–	2.07%	8
2015 Q3	$4.57M	Buy	130,990 +17,600	+16%	+$649K	3.49%	8
2015 Q2	$4.47M	Hold	113,390	–	–	2.44%	8
2015 Q1	$4.75M	Sell	113,390 -25,790	-19%	-$1.1M	4.56%	9
2014 Q4	$5.92M	Sell	139,180 -44,771	-24%	-$1.78M	6.66%	5
2014 Q3	$7.27M	Sell	183,951 -29,616	-14%	-$1.21M	6.66%	5
2014 Q2	$9.16M	Sell	213,567 -92,906	-30%	-$3.7M	5.87%	2
2014 Q1	$11.8M	Sell	306,473 -207,070	-40%	-$8.18M	6.42%	3
2013 Q4	$20.7M	Hold	513,543	–	–	7.24%	4
2013 Q3	$18.3M	Sell	513,543 -52,404	-9%	-$1.77M	8.31%	3
2013 Q2	$17.9M	Buy	+565,947	New	+$17.9M	6.9%	4

Other funds holding ECHO

Putnam Investments Boston, Massachusetts $75.7B AUM 34.45% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

TIM

Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

TSW

Thompson Siegel & Walmsley Richmond, Virginia $5.7B AUM 6.69% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Courage Capital Management's ECHO Position: Q1 2016 in Review

Courage Capital Management sold out of EchoStar (ECHO) in Q1 2016, closing a stake of 130,990 shares — an estimated $4.15M sold.

Courage Capital Management first reported a position in ECHO in Q2 2013 and held it in 11 quarters. The position peaked at $20.7M in Q4 2013. 172 funds tracked by Wall St. Rank hold ECHO as of Q1 2016.

Courage Capital Management reported no remaining EchoStar position as of Q1 2016 after selling out during the quarter.
Courage Capital Management sold 130,990 EchoStar shares in Q1 2016, an estimated $4.15M.
Courage Capital Management first reported a position in EchoStar in Q2 2013 and held it in 11 quarters.
Courage Capital Management's EchoStar position peaked at $20.7M in Q4 2013.
172 funds tracked by Wall St. Rank held EchoStar as of Q1 2016.

Based on Courage Capital Management's 13F filing for Q1 2016, filed 13 May 2016.