Spark Investment Management’s EchoStar ECHO Stock Holding History

Spark Investment 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
2015 Q3	–	Sell	-14,068	Closed	-$554K	–	737
2015 Q2	$554K	Hold	14,068	–	–	0.08%	334
2015 Q1	$590K	Hold	14,068	–	–	0.08%	334
2014 Q4	$596K	Buy	+14,068	New	+$559K	0.1%	287
2014 Q2	–	Sell	-28,135	Closed	-$1.08M	–	721
2014 Q1	$1.08M	Sell	28,135 -12,834	-31%	-$507K	0.17%	198
2013 Q4	$1.65M	Sell	40,969 -19,374	-32%	-$757K	0.29%	113
2013 Q3	$2.15M	Hold	60,343	–	–	0.49%	39
2013 Q2	$1.91M	Buy	+60,343	New	+$1.91M	0.51%	46

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

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

KCM

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

TIM

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

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

Horizon Kinetics New York $3.06B AUM 5.37% 1-Year Est. Return

TSW

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Spark Investment Management's ECHO Position: Q3 2015 in Review

Spark Investment Management sold out of EchoStar (ECHO) in Q3 2015, closing a stake of 14,068 shares — an estimated $554K sold.

Spark Investment Management first reported a position in ECHO in Q2 2013 and held it in 7 quarters. The position peaked at $2.15M in Q3 2013. 167 funds tracked by Wall St. Rank hold ECHO as of Q3 2015.

Spark Investment Management reported no remaining EchoStar position as of Q3 2015 after selling out during the quarter.
Spark Investment Management sold 14,068 EchoStar shares in Q3 2015, an estimated $554K.
Spark Investment Management first reported a position in EchoStar in Q2 2013 and held it in 7 quarters.
Spark Investment Management's EchoStar position peaked at $2.15M in Q3 2013.
167 funds tracked by Wall St. Rank held EchoStar as of Q3 2015.

Based on Spark Investment Management's 13F filing for Q3 2015, filed 12 Nov 2015.