EchoStar
ECHO
209 hedge funds and large institutions have $2.36B invested in EchoStar in 2018 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 67 increasing their positions, 68 reducing their positions, and 20 closing their positions.
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
4% more funds holding
Funds holding: 201 → 209 (+8)
1.83% more ownership
Funds ownership: 112.9% → 114.73% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 68
10% less capital invested
Capital invested by funds: $2.64B → $2.36B (-$274M)
52% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $2.25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$21.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$16.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.6M |
| 4 |
PJC
Pelorus Jack Capital
San Francisco,
California
|
+$13.8M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$9.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
-$24.1M |
| 2 |
Millennium Management
New York
|
-$5.52M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$4.06M |
| 4 |
Two Sigma Investments
New York
|
-$3.96M |
| 5 |
MDSL
M.D. Sass LLC
New York
|
-$3.58M |
ECHO Hedge Fund Activity: Q1 2018 in Review
209 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q1 2018, worth a combined $2.36B — down 10% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ECHO positions and 20 closed out — a net gain of 10 holders — while 67 added to existing stakes and 68 trimmed.
The largest buyer was Freshford Capital Management, opening a new position worth an estimated $21.3M. The largest seller was Glenhill Advisors, cutting an estimated $24.1M.
- 209 institutional investors held EchoStar (ECHO) as of Q1 2018, up from 201 in Q4 2017.
- Funds reported $2.36B of EchoStar stock for Q1 2018, down 10% quarter-over-quarter.
- 30 funds opened new EchoStar positions in Q1 2018 and 20 closed out, a net change of +10 holders.
- The largest EchoStar buyer in Q1 2018 was Freshford Capital Management, an estimated $21.3M added.
- The largest EchoStar seller in Q1 2018 was Glenhill Advisors, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2018.