EchoStar
ECHO
182 hedge funds and large institutions have $2.48B invested in EchoStar in 2017 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 54 increasing their positions, 61 reducing their positions, and 20 closing their positions.
400% more call options, than puts
Call options by funds: $3.15M | Put options by funds: $630K
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
3% more funds holding
Funds holding: 177 → 182 (+5)
1.23% less ownership
Funds ownership: 112.57% → 111.34% (-1.2%)
6% less capital invested
Capital invested by funds: $2.65B → $2.48B (-$171M)
11% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 61
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$20.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.41M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.43M |
| 5 |
BlackRock
New York
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$21.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.97M |
| 3 |
Two Sigma Investments
New York
|
-$5.75M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.48M |
| 5 |
AIM
Act II Management
New York
|
-$5.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$429 | +9 | New |
|
ECHO Hedge Fund Activity: Q3 2017 in Review
182 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q3 2017, worth a combined $2.48B — down 6.5% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ECHO positions and 20 closed out — a net gain of 6 holders — while 54 added to existing stakes and 61 trimmed.
The largest buyer was Thornburg Investment Management, adding an estimated $20.6M. The largest seller was Harvest Capital Strategies, cutting an estimated $21.1M.
- 182 institutional investors held EchoStar (ECHO) as of Q3 2017, up from 177 in Q2 2017.
- Funds reported $2.48B of EchoStar stock for Q3 2017, down 6.5% quarter-over-quarter.
- 26 funds opened new EchoStar positions in Q3 2017 and 20 closed out, a net change of +6 holders.
- The largest EchoStar buyer in Q3 2017 was Thornburg Investment Management, an estimated $20.6M added.
- The largest EchoStar seller in Q3 2017 was Harvest Capital Strategies, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2017.