EchoStar
ECHO
181 hedge funds and large institutions have $1.66B invested in EchoStar in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 73 increasing their positions, 48 reducing their positions, and 16 closing their positions.
4,067% more call options, than puts
Call options by funds: $250K | Put options by funds: $6K
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
52% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 48
5% more funds holding
Funds holding: 172 → 181 (+9)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less capital invested
Capital invested by funds: $1.84B → $1.66B (-$183M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$16.8M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
+$12M |
| 3 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
+$8.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6M |
| 5 |
Renaissance Technologies
New York
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$53.5M |
| 2 |
Millennium Management
New York
|
-$10.8M |
| 3 |
FAM
Foundation Asset Management
White Plains,
New York
|
-$7.54M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$6.26M |
| 5 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$5.88M |
ECHO Hedge Fund Activity: Q2 2016 in Review
181 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2016, worth a combined $1.66B — down 9.9% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ECHO positions and 16 closed out — a net gain of 10 holders — while 73 added to existing stakes and 48 trimmed.
The largest buyer was Mangrove Partners, adding an estimated $16.8M. The largest seller was Putnam Investments, cutting an estimated $53.5M.
- 181 institutional investors held EchoStar (ECHO) as of Q2 2016, up from 172 in Q1 2016.
- Funds reported $1.66B of EchoStar stock for Q2 2016, down 9.9% quarter-over-quarter.
- 26 funds opened new EchoStar positions in Q2 2016 and 16 closed out, a net change of +10 holders.
- The largest EchoStar buyer in Q2 2016 was Mangrove Partners, an estimated $16.8M added.
- The largest EchoStar seller in Q2 2016 was Putnam Investments, an estimated $53.5M sold.
Based on aggregated 13F filings for Q2 2016.