EchoStar
ECHO
275 hedge funds and large institutions have $2.79B invested in EchoStar in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 71 increasing their positions, 91 reducing their positions, and 29 closing their positions.
62% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 29
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
35% more capital invested
Capital invested by funds: $2.07B → $2.79B (+$717M)
7% more funds holding
Funds holding: 258 → 275 (+17)
2.88% less ownership
Funds ownership: 82.84% → 79.96% (-2.9%)
21% less call options, than puts
Call options by funds: $179M | Put options by funds: $227M
22% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
+$23.6M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$21.5M |
| 3 |
DCP
Darsana Capital Partners
New York
|
+$19M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$14.7M |
| 5 |
SCM
Stonehill Capital Management
New York
|
+$7.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SP
140 Summer Partners
New York
|
-$35.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$31.8M |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$30.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$13.9M |
| 5 |
GAM
Goldentree Asset Management
New York
|
-$13.2M |
ECHO Hedge Fund Activity: Q3 2024 in Review
275 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q3 2024, worth a combined $2.79B — up 35% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ECHO positions and 29 closed out — a net gain of 18 holders — while 71 added to existing stakes and 91 trimmed.
The largest buyer was Cyrus Capital Partners, opening a new position worth an estimated $23.6M. The largest seller was 140 Summer Partners, cutting an estimated $35.1M.
- 275 institutional investors held EchoStar (ECHO) as of Q3 2024, up from 258 in Q2 2024.
- Funds reported $2.79B of EchoStar stock for Q3 2024, up 35% quarter-over-quarter.
- 47 funds opened new EchoStar positions in Q3 2024 and 29 closed out, a net change of +18 holders.
- The largest EchoStar buyer in Q3 2024 was Cyrus Capital Partners, an estimated $23.6M added.
- The largest EchoStar seller in Q3 2024 was 140 Summer Partners, an estimated $35.1M sold.
Based on aggregated 13F filings for Q3 2024.