EchoStar
ECHO
183 hedge funds and large institutions have $1.97B invested in EchoStar in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 74 increasing their positions, 58 reducing their positions, and 19 closing their positions.
2,370% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $642K
28% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 58
0.6% more ownership
Funds ownership: 86.39% → 86.99% (+0.6%)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1% less funds holding
Funds holding: 184 → 183 (-1)
7% less capital invested
Capital invested by funds: $2.12B → $1.97B (-$154M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$15.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$12.2M |
| 3 |
Millennium Management
New York
|
+$7.46M |
| 4 |
Axa
Paris,
France
|
+$7.22M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$18.6M |
| 2 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$9.92M |
| 3 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$9.89M |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$7.84M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$7.59M |
ECHO Hedge Fund Activity: Q3 2014 in Review
183 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q3 2014, worth a combined $1.97B — down 7.3% from $2.12B a quarter earlier.
Fund positioning in ECHO was balanced in Q3 2014: 19 funds opened new positions, 19 closed out, 74 added to existing stakes and 58 trimmed.
The largest buyer was Putnam Investments, adding an estimated $15.5M. The largest seller was Norges Bank, cutting an estimated $18.6M.
- 183 institutional investors held EchoStar (ECHO) as of Q3 2014, down from 184 in Q2 2014.
- Funds reported $1.97B of EchoStar stock for Q3 2014, down 7.3% quarter-over-quarter.
- 19 funds opened new EchoStar positions in Q3 2014 and 19 closed out, a net change of 0 holders.
- The largest EchoStar buyer in Q3 2014 was Putnam Investments, an estimated $15.5M added.
- The largest EchoStar seller in Q3 2014 was Norges Bank, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2014.