EchoStar
ECHO
179 hedge funds and large institutions have $1.96B invested in EchoStar in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 54 reducing their positions, and 22 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 54
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 182 → 179 (-3)
5% less capital invested
Capital invested by funds: $2.07B → $1.96B (-$111M)
67% less call options, than puts
Call options by funds: $73K | Put options by funds: $219K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$51.7M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$8.95M |
| 3 |
ACM
Altalis Capital Management
New York
|
+$6.84M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$5.05M |
| 5 |
Renaissance Technologies
New York
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$27.7M |
| 2 |
FAM
Foundation Asset Management
White Plains,
New York
|
-$11.5M |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$6.62M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.53M |
| 5 |
SLCM
Seven Locks Capital Management
New York
|
-$6.45M |
ECHO Hedge Fund Activity: Q2 2015 in Review
179 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2015, worth a combined $1.96B — down 5.3% from $2.07B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ECHO and 20 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 77 added.
The largest buyer was Putnam Investments, adding an estimated $51.7M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $27.7M sold.
- 179 institutional investors held EchoStar (ECHO) as of Q2 2015, down from 182 in Q1 2015.
- Funds reported $1.96B of EchoStar stock for Q2 2015, down 5.3% quarter-over-quarter.
- 20 funds opened new EchoStar positions in Q2 2015 and 22 closed out, a net change of -2 holders.
- The largest EchoStar buyer in Q2 2015 was Putnam Investments, an estimated $51.7M added.
- The largest EchoStar seller in Q2 2015 was Allianz Asset Management, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2015.