EchoStar
ECHO
196 hedge funds and large institutions have $1.99B invested in EchoStar in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 42 increasing their positions, 73 reducing their positions, and 24 closing their positions.
1,304% more call options, than puts
Call options by funds: $8.76M | Put options by funds: $624K
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
19% more capital invested
Capital invested by funds: $1.68B → $1.99B (+$313M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more funds holding
Funds holding: 187 → 196 (+9)
3.78% less ownership
Funds ownership: 119.23% → 115.45% (-3.8%)
42% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$37.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.7M |
| 3 |
Renaissance Technologies
New York
|
+$11.1M |
| 4 |
CC
Clearline Capital
New York
|
+$10.6M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$29.6M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$19.6M |
| 3 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$16.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.6M |
| 5 |
NM
Newtyn Management
New York
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Voloridge Investment Management
Jupiter,
Florida
| – | -$681K | -23,062 | Closed |
|
|
QT
202
Quantbot Technologies
New York
| – | -$535K | -18,140 | Closed |
|
|
AIM
203
Assured Investment Management
New York
| – | -$319K | -10,788 | Closed |
|
|
B
204
Barings
Charlotte,
North Carolina
| – | -$230K | -7,774 | Closed |
|
|
RFC
205
Regions Financial Corp
Birmingham,
Alabama
| – | -$84K | -2,862 | Closed |
|
|
PCM
206
Prelude Capital Management
New York
| – | -$77K | -2,616 | Closed |
|
|
NIT
207
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$62K | -2,098 | Closed |
|
|
MC
208
Machina Capital
Paris,
France
| – | -$5K | -178 | Closed |
|
|
MIM
209
MetLife Investment Management
Whippany,
New Jersey
| – | -$2.37K | -80 | Closed |
|
|
WAM
210
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -27 | Closed |
|
|
BBHC
211
Brown Brothers Harriman & Co
New York
| – | +$233 | +7 | New |
|
|
CB
212
CNB Bank
Clearfield,
Pennsylvania
| – | +$233 | +7 | New |
|
ECHO Hedge Fund Activity: Q2 2019 in Review
196 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2019, worth a combined $1.99B — up 19% from $1.68B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ECHO positions and 24 closed out — a net gain of 12 holders — while 42 added to existing stakes and 73 trimmed.
The largest buyer was Millennium Management, adding an estimated $37.6M. The largest seller was Bank of America, cutting an estimated $29.6M.
- 196 institutional investors held EchoStar (ECHO) as of Q2 2019, up from 187 in Q1 2019.
- Funds reported $1.99B of EchoStar stock for Q2 2019, up 19% quarter-over-quarter.
- 36 funds opened new EchoStar positions in Q2 2019 and 24 closed out, a net change of +12 holders.
- The largest EchoStar buyer in Q2 2019 was Millennium Management, an estimated $37.6M added.
- The largest EchoStar seller in Q2 2019 was Bank of America, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2019.