EchoStar
ECHO
177 hedge funds and large institutions have $2.65B invested in EchoStar in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 66 reducing their positions, and 29 closing their positions.
519% more call options, than puts
Call options by funds: $4.89M | Put options by funds: $790K
7% more capital invested
Capital invested by funds: $2.46B → $2.65B (+$183M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.63% less ownership
Funds ownership: 113.2% → 112.57% (-0.63%)
6% less funds holding
Funds holding: 188 → 177 (-11)
14% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 66
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.6M |
| 2 |
NCM
Numina Capital Management
New York
|
+$15.7M |
| 3 |
GA
Glenhill Advisors
New York
|
+$13.8M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.2M |
| 5 |
Renaissance Technologies
New York
|
+$6.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
-$16.8M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
-$14.4M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$7.83M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$3.75M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACS
201
Archford Capital Strategies
Swansea,
Illinois
| – | -$3K | -72 | Closed |
|
|
PHK
202
Point72 Hong Kong
Hong Kong
| – | -$2K | -44 | Closed |
|
203
JP Morgan Chase
New York
| – | -$2K | -37 | Closed |
|
204
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -25 | Closed |
|
ECHO Hedge Fund Activity: Q2 2017 in Review
177 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2017, worth a combined $2.65B — up 7.4% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ECHO and 18 opened new positions — a net loss of 11 holders — while 66 trimmed existing stakes and 57 added.
The largest buyer was Vanguard Group, adding an estimated $17.6M. The largest seller was Ascend Capital, cutting an estimated $16.8M.
- 177 institutional investors held EchoStar (ECHO) as of Q2 2017, down from 188 in Q1 2017.
- Funds reported $2.65B of EchoStar stock for Q2 2017, up 7.4% quarter-over-quarter.
- 18 funds opened new EchoStar positions in Q2 2017 and 29 closed out, a net change of -11 holders.
- The largest EchoStar buyer in Q2 2017 was Vanguard Group, an estimated $17.6M added.
- The largest EchoStar seller in Q2 2017 was Ascend Capital, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2017.