EchoStar
ECHO
187 hedge funds and large institutions have $1.68B invested in EchoStar in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 55 increasing their positions, 58 reducing their positions, and 39 closing their positions.
61% more call options, than puts
Call options by funds: $9.69M | Put options by funds: $6.02M
3.51% more ownership
Funds ownership: 93.11% → 96.62% (+3.5%)
1% more capital invested
Capital invested by funds: $1.66B → $1.68B (+$18M)
5% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 58
5% less funds holding
Funds holding: 197 → 187 (-10)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$35.3M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$26.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$23.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$19.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$37.3M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$18.4M |
| 3 |
Millennium Management
New York
|
-$16.4M |
| 4 |
Goldman Sachs
New York
|
-$13.7M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$12.5M |
ECHO Hedge Fund Activity: Q1 2019 in Review
187 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q1 2019, worth a combined $1.68B — up 1.1% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ECHO and 30 opened new positions — a net loss of 9 holders — while 58 trimmed existing stakes and 55 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $35.3M. The largest seller was Putnam Investments, cutting an estimated $37.3M.
- 187 institutional investors held EchoStar (ECHO) as of Q1 2019, down from 197 in Q4 2018.
- Funds reported $1.68B of EchoStar stock for Q1 2019, up 1.1% quarter-over-quarter.
- 30 funds opened new EchoStar positions in Q1 2019 and 39 closed out, a net change of -9 holders.
- The largest EchoStar buyer in Q1 2019 was EdgePoint Investment Group, an estimated $35.3M added.
- The largest EchoStar seller in Q1 2019 was Putnam Investments, an estimated $37.3M sold.
Based on aggregated 13F filings for Q1 2019.