EchoStar
ECHO
176 hedge funds and large institutions have $1.25B invested in EchoStar in 2020 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 66 reducing their positions, and 27 closing their positions.
102% more call options, than puts
Call options by funds: $6.79M | Put options by funds: $3.37M
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.48% less ownership
Funds ownership: 89.65% → 89.17% (-0.48%)
1% less funds holding
Funds holding: 178 → 176 (-2)
13% less capital invested
Capital invested by funds: $1.44B → $1.25B (-$186M)
21% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$32.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$11M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$9.38M |
| 4 |
Renaissance Technologies
New York
|
+$7.09M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$7.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$26M |
| 2 |
HP
Hound Partners
New York
|
-$21.2M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$18.1M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$17.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.41M |
ECHO Hedge Fund Activity: Q2 2020 in Review
176 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2020, worth a combined $1.25B — down 13% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ECHO positions and 27 closed out — a net gain of 1 holder — while 52 added to existing stakes and 66 trimmed.
The largest buyer was Indaba Capital Management, opening a new position worth an estimated $32.6M. The largest seller was Bank of America, cutting an estimated $26M.
- 176 institutional investors held EchoStar (ECHO) as of Q2 2020, down from 178 in Q1 2020.
- Funds reported $1.25B of EchoStar stock for Q2 2020, down 13% quarter-over-quarter.
- 28 funds opened new EchoStar positions in Q2 2020 and 27 closed out, a net change of +1 holder.
- The largest EchoStar buyer in Q2 2020 was Indaba Capital Management, an estimated $32.6M added.
- The largest EchoStar seller in Q2 2020 was Bank of America, an estimated $26M sold.
Based on aggregated 13F filings for Q2 2020.