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ECHO

EchoStar

174 hedge funds and large institutions have $1.87B invested in EchoStar in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 78 increasing their positions, 48 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 48

4% less capital invested

Capital invested by funds: $1.96B → $1.87B (-$84.7M)

4% less funds holding

Funds holding: 182174 (-8)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

23% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 30

78% less call options, than puts

Call options by funds: $386K | Put options by funds: $1.76M

Holders
174
Holders Change
-8
Holders Change %
-4.4%
% of All Funds
5.02%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.2%
New
23
Increased
78
Reduced
48
Closed
30
Calls
$386K
Puts
$1.76M
Net Calls
-$1.38M
Net Calls Change
-$262K
Name Holding Trade Value Shares
Change
Change in
Stake
PI
1
Putnam Investments
Massachusetts
$464M +$47.5M +1,201,003 +11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$117M +$9.32M +235,855 +8%
KCM
3
Kensico Capital Management
Connecticut
$95.3M -$3.33M -84,159 -3%
Principal Financial Group
4
Principal Financial Group
Iowa
$86.4M -$2.81M -71,227 -3%
Renaissance Technologies
5
Renaissance Technologies
New York
$77.7M +$12.4M +312,946 +18%
BIT
6
BlackRock Institutional Trust
California
$71.6M +$11.9M +301,173 +19%
HK
7
Horizon Kinetics
New York
$71.4M -$4.94M -125,111 -6%
GF
8
Gabelli Funds
New York
$47M +$4.66M +117,806 +11%
EARNEST Partners
9
EARNEST Partners
Georgia
$43.1M -$1.69M -42,645 -4%
TIM
10
Thornburg Investment Management
New Mexico
$39.6M +$2.16M +54,582 +6%
SONJCPFA
11
State of New Jersey Common Pension Fund A
New Jersey
$37.6M
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$35.1M -$58.8K -1,488 -0.2%
TSW
13
Thompson Siegel & Walmsley
Virginia
$33.7M +$11.6M +292,571 +50%
BPM
14
Bronson Point Management
Connecticut
$32.2M +$7.73M +195,572 +31%
Brown Advisory
15
Brown Advisory
Maryland
$30.2M -$5.44M -137,699 -15%
GI
16
GAMCO Investors
Connecticut
$27.4M -$2.49M -62,955 -8%
State Street
17
State Street
Massachusetts
$25.4M +$1.1M +27,895 +4%
FAM
18
Foundation Asset Management
New York
$25.3M -$165K -4,187 -0.6%
HCS
19
Harvest Capital Strategies
California
$24.3M +$1.43M +36,149 +6%
BFA
20
BlackRock Fund Advisors
California
$21.8M +$2.3M +58,324 +11%
Goldman Sachs
21
Goldman Sachs
New York
$21.2M +$10.3M +261,182 +90%
SLCM
22
Seven Locks Capital Management
New York
$20.1M +$10.2M +257,746 +98%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$18M +$1.94M +49,210 +12%
Norges Bank
24
Norges Bank
Norway
$17.6M
Millennium Management
25
Millennium Management
New York
$17.5M +$7.7M +194,750 +75%

ECHO Hedge Fund Activity: Q1 2014 in Review

174 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q1 2014, worth a combined $1.87B — down 4.3% from $1.96B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of ECHO and 23 opened new positions — a net loss of 7 holders — while 48 trimmed existing stakes and 78 added.

The largest buyer was Putnam Investments, adding an estimated $47.5M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $31.4M sold.

  • 174 institutional investors held EchoStar (ECHO) as of Q1 2014, down from 182 in Q4 2013.
  • Funds reported $1.87B of EchoStar stock for Q1 2014, down 4.3% quarter-over-quarter.
  • 23 funds opened new EchoStar positions in Q1 2014 and 30 closed out, a net change of -7 holders.
  • The largest EchoStar buyer in Q1 2014 was Putnam Investments, an estimated $47.5M added.
  • The largest EchoStar seller in Q1 2014 was Eagle Asset Management, an estimated $31.4M sold.

Based on aggregated 13F filings for Q1 2014.