EchoStar
ECHO
190 hedge funds and large institutions have $2B invested in EchoStar in 2019 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 60 increasing their positions, 62 reducing their positions, and 31 closing their positions.
1,295% more call options, than puts
Call options by funds: $4.94M | Put options by funds: $354K
10% more capital invested
Capital invested by funds: $1.81B → $2B (+$187M)
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
0.41% more ownership
Funds ownership: 92.14% → 92.55% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 62
3% less funds holding
Funds holding: 195 → 190 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$45.3M |
| 2 |
HP
Hound Partners
New York
|
+$20.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$11.8M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10.6M |
| 5 |
Goldman Sachs
New York
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$28.4M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$17.1M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$9.71M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$9.67M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$9.65M |
ECHO Hedge Fund Activity: Q4 2019 in Review
190 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2019, worth a combined $2B — up 10% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ECHO positions and 31 closed out — a net gain of 1 holder — while 60 added to existing stakes and 62 trimmed.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $45.3M. The largest seller was Putnam Investments, cutting an estimated $28.4M.
- 190 institutional investors held EchoStar (ECHO) as of Q4 2019, down from 195 in Q3 2019.
- Funds reported $2B of EchoStar stock for Q4 2019, up 10% quarter-over-quarter.
- 32 funds opened new EchoStar positions in Q4 2019 and 31 closed out, a net change of +1 holder.
- The largest EchoStar buyer in Q4 2019 was Contour Asset Management, an estimated $45.3M added.
- The largest EchoStar seller in Q4 2019 was Putnam Investments, an estimated $28.4M sold.
Based on aggregated 13F filings for Q4 2019.