EchoStar
ECHO
197 hedge funds and large institutions have $1.66B invested in EchoStar in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 58 reducing their positions, and 43 closing their positions.
319% more call options, than puts
Call options by funds: $5.02M | Put options by funds: $1.2M
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
21% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 58
3.18% less ownership
Funds ownership: 118.07% → 114.9% (-3.2%)
6% less funds holding
Funds holding: 210 → 197 (-13)
23% less capital invested
Capital invested by funds: $2.15B → $1.66B (-$490M)
28% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$158M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$42.7M |
| 3 |
GC
Greenlight Capital
New York
|
+$24.4M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
+$15.5M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$309M |
| 2 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$15.7M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$14.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13M |
| 5 |
GAM
Goldentree Asset Management
New York
|
-$10M |
ECHO Hedge Fund Activity: Q4 2018 in Review
197 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2018, worth a combined $1.66B — down 23% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of ECHO and 31 opened new positions — a net loss of 12 holders — while 58 trimmed existing stakes and 70 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $158M. The largest seller was Putnam Investments, cutting an estimated $309M.
- 197 institutional investors held EchoStar (ECHO) as of Q4 2018, down from 210 in Q3 2018.
- Funds reported $1.66B of EchoStar stock for Q4 2018, down 23% quarter-over-quarter.
- 31 funds opened new EchoStar positions in Q4 2018 and 43 closed out, a net change of -12 holders.
- The largest EchoStar buyer in Q4 2018 was EdgePoint Investment Group, an estimated $158M added.
- The largest EchoStar seller in Q4 2018 was Putnam Investments, an estimated $309M sold.
Based on aggregated 13F filings for Q4 2018.