EchoStar
ECHO
174 hedge funds and large institutions have $733M invested in EchoStar in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 41 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 34
48% more capital invested
Capital invested by funds: $497M → $733M (+$237M)
40.29% more ownership
Funds ownership: 82.04% → 122.34% (+40%)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 41
5% more funds holding
Funds holding: 165 → 174 (+9)
44% less call options, than puts
Call options by funds: $51.8M | Put options by funds: $93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$38.9M |
| 2 |
PI
Pennant Investors
Summit,
New Jersey
|
+$27.7M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$26.8M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$12.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$36.1M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$10.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.81M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$5.18M |
| 5 |
PCM
Potomac Capital Management
New York
|
-$3.91M |
ECHO Hedge Fund Activity: Q4 2023 in Review
174 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2023, worth a combined $733M — up 48% from $497M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new ECHO positions and 41 closed out — a net gain of 10 holders — while 68 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock, adding an estimated $38.9M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $36.1M sold.
- 174 institutional investors held EchoStar (ECHO) as of Q4 2023, up from 165 in Q3 2023.
- Funds reported $733M of EchoStar stock for Q4 2023, up 48% quarter-over-quarter.
- 51 funds opened new EchoStar positions in Q4 2023 and 41 closed out, a net change of +10 holders.
- The largest EchoStar buyer in Q4 2023 was BlackRock, an estimated $38.9M added.
- The largest EchoStar seller in Q4 2023 was Beryl Capital Management, an estimated $36.1M sold.
Based on aggregated 13F filings for Q4 2023.