EchoStar
ECHO
210 hedge funds and large institutions have $2.15B invested in EchoStar in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 80 reducing their positions, and 29 closing their positions.
456% more call options, than puts
Call options by funds: $8.71M | Put options by funds: $1.57M
4% more capital invested
Capital invested by funds: $2.07B → $2.15B (+$84.6M)
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
0.55% less ownership
Funds ownership: 118.62% → 118.07% (-0.55%)
1% less funds holding
Funds holding: 212 → 210 (-2)
26% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 80
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.4M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$14.6M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$4.52M |
| 4 |
SCA
Secor Capital Advisors
New York
|
+$4.43M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$20.3M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$14.4M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$6.3M |
| 4 |
Renaissance Technologies
New York
|
-$5.97M |
| 5 |
Millennium Management
New York
|
-$5.48M |
ECHO Hedge Fund Activity: Q3 2018 in Review
210 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q3 2018, worth a combined $2.15B — up 4.1% from $2.07B a quarter earlier.
Fund positioning in ECHO was balanced in Q3 2018: 29 funds opened new positions, 29 closed out, 59 added to existing stakes and 80 trimmed.
The largest buyer was Vanguard Group, adding an estimated $38.4M. The largest seller was Bank of America, cutting an estimated $20.3M.
- 210 institutional investors held EchoStar (ECHO) as of Q3 2018, down from 212 in Q2 2018.
- Funds reported $2.15B of EchoStar stock for Q3 2018, up 4.1% quarter-over-quarter.
- 29 funds opened new EchoStar positions in Q3 2018 and 29 closed out, a net change of 0 holders.
- The largest EchoStar buyer in Q3 2018 was Vanguard Group, an estimated $38.4M added.
- The largest EchoStar seller in Q3 2018 was Bank of America, an estimated $20.3M sold.
Based on aggregated 13F filings for Q3 2018.