EchoStar
ECHO
172 hedge funds and large institutions have $1.84B invested in EchoStar in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 64 increasing their positions, 55 reducing their positions, and 20 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 55
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
14% more capital invested
Capital invested by funds: $1.61B → $1.84B (+$232M)
2% more funds holding
Funds holding: 169 → 172 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
55% less call options, than puts
Call options by funds: $299K | Put options by funds: $667K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$12.3M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$9.23M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$6.64M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.47M |
| 5 |
Renaissance Technologies
New York
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
-$5.83M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$4.84M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$4.78M |
| 4 |
CCM
Courage Capital Management
Nashville,
Tennessee
|
-$4.15M |
| 5 |
HK
Horizon Kinetics
New York
|
-$2.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
176
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$399K | -12,589 | Closed |
|
177
Marshall Wace
London,
United Kingdom
| – | -$376K | -11,867 | Closed |
|
|
AL
178
Airain Ltd
St. Peter Port,
Guernsey
| – | -$293K | -9,235 | Closed |
|
|
ACI
179
Advance Capital I
Southfield,
Michigan
| – | -$282K | -8,885 | Closed |
|
|
PDM
180
Penn Davis McFarland
Dallas,
Texas
| – | -$256K | -8,089 | Closed |
|
|
PP
181
Paloma Partners
Greenwich,
Connecticut
| – | -$216K | -6,823 | Closed |
|
|
GH
182
GAM Holding
Zurich,
Switzerland
| – | -$78K | -2,468 | Closed |
|
|
PHK
183
Point72 Hong Kong
Hong Kong
| – | -$10K | -306 | Closed |
|
|
IA
184
IFP Advisors
Tampa,
Florida
| – | -$8K | -257 | Closed |
|
|
FQ
185
First Quadrant
Glendale,
California
| – | -$6K | -199 | Closed |
|
|
ACS
186
Archford Capital Strategies
Swansea,
Illinois
| – | -$6K | -143 | Closed |
|
187
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -97 | Closed |
|
|
DPA
188
Delphi Private Advisors
San Diego,
California
| – | -$2K | -64 | Closed |
|
|
VCM
189
Versant Capital Management
Phoenix,
Arizona
| – | +$191 | +6 | New |
|
ECHO Hedge Fund Activity: Q1 2016 in Review
172 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q1 2016, worth a combined $1.84B — up 14% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ECHO positions and 20 closed out — a net gain of 3 holders — while 64 added to existing stakes and 55 trimmed.
The largest buyer was Thornburg Investment Management, adding an estimated $12.3M. The largest seller was Axa, cutting an estimated $5.83M.
- 172 institutional investors held EchoStar (ECHO) as of Q1 2016, up from 169 in Q4 2015.
- Funds reported $1.84B of EchoStar stock for Q1 2016, up 14% quarter-over-quarter.
- 23 funds opened new EchoStar positions in Q1 2016 and 20 closed out, a net change of +3 holders.
- The largest EchoStar buyer in Q1 2016 was Thornburg Investment Management, an estimated $12.3M added.
- The largest EchoStar seller in Q1 2016 was Axa, an estimated $5.83M sold.
Based on aggregated 13F filings for Q1 2016.