EchoStar
ECHO
201 hedge funds and large institutions have $2.64B invested in EchoStar in 2017 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 76 increasing their positions, 54 reducing their positions, and 17 closing their positions.
118% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 17
41% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 54
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
10% more funds holding
Funds holding: 182 → 201 (+19)
7% more capital invested
Capital invested by funds: $2.48B → $2.64B (+$162M)
1.56% more ownership
Funds ownership: 111.34% → 112.9% (+1.6%)
73% less call options, than puts
Call options by funds: $265K | Put options by funds: $966K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.6M |
| 2 |
Renaissance Technologies
New York
|
+$5.92M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$5.17M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.27M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$12.5M |
| 2 |
Lazard Asset Management
New York
|
-$8.81M |
| 3 |
ACM
Altalis Capital Management
New York
|
-$8.28M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.02M |
ECHO Hedge Fund Activity: Q4 2017 in Review
201 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2017, worth a combined $2.64B — up 6.5% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ECHO positions and 17 closed out — a net gain of 20 holders — while 76 added to existing stakes and 54 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.6M. The largest seller was Kensico Capital Management, cutting an estimated $12.5M.
- 201 institutional investors held EchoStar (ECHO) as of Q4 2017, up from 182 in Q3 2017.
- Funds reported $2.64B of EchoStar stock for Q4 2017, up 6.5% quarter-over-quarter.
- 37 funds opened new EchoStar positions in Q4 2017 and 17 closed out, a net change of +20 holders.
- The largest EchoStar buyer in Q4 2017 was Millennium Management, an estimated $14.6M added.
- The largest EchoStar seller in Q4 2017 was Kensico Capital Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2017.