EchoStar
ECHO
183 hedge funds and large institutions have $589M invested in EchoStar in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 64 increasing their positions, 57 reducing their positions, and 23 closing their positions.
17% more capital invested
Capital invested by funds: $505M → $589M (+$83.5M)
12% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
1% less funds holding
Funds holding: 184 → 183 (-1)
1.17% less ownership
Funds ownership: 91.66% → 90.48% (-1.2%)
30% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $1.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
+$8.67M |
| 2 |
Morgan Stanley
New York
|
+$6.99M |
| 3 |
BlackRock
New York
|
+$4.83M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.32M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$11.3M |
| 2 |
Millennium Management
New York
|
-$10.2M |
| 3 |
Goldman Sachs
New York
|
-$5.94M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.75M |
| 5 |
FWC
First Washington Corp
Seattle,
Washington
|
-$4.34M |
ECHO Hedge Fund Activity: Q1 2023 in Review
183 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q1 2023, worth a combined $589M — up 17% from $505M a quarter earlier.
Fund positioning in ECHO was balanced in Q1 2023: 23 funds opened new positions, 23 closed out, 64 added to existing stakes and 57 trimmed.
The largest buyer was Quaker Capital Investments, adding an estimated $8.67M. The largest seller was Brown Advisory, cutting an estimated $11.3M.
- 183 institutional investors held EchoStar (ECHO) as of Q1 2023, down from 184 in Q4 2022.
- Funds reported $589M of EchoStar stock for Q1 2023, up 17% quarter-over-quarter.
- 23 funds opened new EchoStar positions in Q1 2023 and 23 closed out, a net change of 0 holders.
- The largest EchoStar buyer in Q1 2023 was Quaker Capital Investments, an estimated $8.67M added.
- The largest EchoStar seller in Q1 2023 was Brown Advisory, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2023.