EchoStar
ECHO
184 hedge funds and large institutions have $2.12B invested in EchoStar in 2014 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 64 increasing their positions, 64 reducing their positions, and 19 closing their positions.
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
13% more capital invested
Capital invested by funds: $1.87B → $2.12B (+$250M)
12% more call options, than puts
Call options by funds: $854K | Put options by funds: $764K
6% more funds holding
Funds holding: 174 → 184 (+10)
0% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$55.3M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$32.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$17.9M |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
+$7.52M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$15.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.7M |
| 3 |
Millennium Management
New York
|
-$10.3M |
| 4 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$7.67M |
| 5 |
AIM
Act II Management
New York
|
-$6.8M |
ECHO Hedge Fund Activity: Q2 2014 in Review
184 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2014, worth a combined $2.12B — up 13% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ECHO positions and 19 closed out — a net gain of 11 holders — while 64 added to existing stakes and 64 trimmed.
The largest buyer was Putnam Investments, adding an estimated $55.3M. The largest seller was BlackRock Institutional Trust, cutting an estimated $15.2M.
- 184 institutional investors held EchoStar (ECHO) as of Q2 2014, up from 174 in Q1 2014.
- Funds reported $2.12B of EchoStar stock for Q2 2014, up 13% quarter-over-quarter.
- 30 funds opened new EchoStar positions in Q2 2014 and 19 closed out, a net change of +11 holders.
- The largest EchoStar buyer in Q2 2014 was Putnam Investments, an estimated $55.3M added.
- The largest EchoStar seller in Q2 2014 was BlackRock Institutional Trust, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2014.