EchoStar
ECHO
195 hedge funds and large institutions have $1.81B invested in EchoStar in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 30 increasing their positions, 132 reducing their positions, and 33 closing their positions.
2,201% more call options, than puts
Call options by funds: $5.02M | Put options by funds: $218K
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1% less funds holding
Funds holding: 196 → 195 (-1)
9% less capital invested
Capital invested by funds: $1.99B → $1.81B (-$176M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
23.31% less ownership
Funds ownership: 115.45% → 92.14% (-23%)
77% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
+$102M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$26.3M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$19.4M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.54M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$49.1M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$46M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$35M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$34M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$31.6M |
ECHO Hedge Fund Activity: Q3 2019 in Review
195 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q3 2019, worth a combined $1.81B — down 8.9% from $1.99B a quarter earlier.
Fund positioning in ECHO was balanced in Q3 2019: 33 funds opened new positions, 33 closed out, 30 added to existing stakes and 132 trimmed.
The largest buyer was Hound Partners, opening a new position worth an estimated $102M. The largest seller was Millennium Management, cutting an estimated $49.1M.
- 195 institutional investors held EchoStar (ECHO) as of Q3 2019, down from 196 in Q2 2019.
- Funds reported $1.81B of EchoStar stock for Q3 2019, down 8.9% quarter-over-quarter.
- 33 funds opened new EchoStar positions in Q3 2019 and 33 closed out, a net change of 0 holders.
- The largest EchoStar buyer in Q3 2019 was Hound Partners, an estimated $102M added.
- The largest EchoStar seller in Q3 2019 was Millennium Management, an estimated $49.1M sold.
Based on aggregated 13F filings for Q3 2019.