EchoStar
ECHO
182 hedge funds and large institutions have $1.96B invested in EchoStar in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 63 increasing their positions, 66 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
20% more capital invested
Capital invested by funds: $1.62B → $1.96B (+$333M)
7% more funds holding
Funds holding: 170 → 182 (+12)
5% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 66
46% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $2.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$45.3M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$29.3M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$19.9M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$12.5M |
| 5 |
Goldman Sachs
New York
|
+$7.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$48.3M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$13.3M |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$6.98M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.69M |
| 5 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$4.39M |
ECHO Hedge Fund Activity: Q4 2013 in Review
182 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2013, worth a combined $1.96B — up 20% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ECHO positions and 14 closed out — a net gain of 12 holders — while 63 added to existing stakes and 66 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $45.3M. The largest seller was Freshford Capital Management, cutting an estimated $48.3M.
- 182 institutional investors held EchoStar (ECHO) as of Q4 2013, up from 170 in Q3 2013.
- Funds reported $1.96B of EchoStar stock for Q4 2013, up 20% quarter-over-quarter.
- 26 funds opened new EchoStar positions in Q4 2013 and 14 closed out, a net change of +12 holders.
- The largest EchoStar buyer in Q4 2013 was EARNEST Partners, an estimated $45.3M added.
- The largest EchoStar seller in Q4 2013 was Freshford Capital Management, an estimated $48.3M sold.
Based on aggregated 13F filings for Q4 2013.