EchoStar
ECHO
201 hedge funds and large institutions have $916M invested in EchoStar in 2020 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 59 increasing their positions, 63 reducing their positions, and 26 closing their positions.
92% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 26
14% more funds holding
Funds holding: 177 → 201 (+24)
1% less ownership
Funds ownership: 86.67% → 85.67% (-1%)
6% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 63
13% less call options, than puts
Call options by funds: $2.94M | Put options by funds: $3.37M
16% less capital invested
Capital invested by funds: $1.09B → $916M (-$169M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$16.4M |
| 2 |
NM
Newtyn Management
New York
|
+$15.3M |
| 3 |
Morgan Stanley
New York
|
+$12.9M |
| 4 |
GC
Greenlight Capital
New York
|
+$12M |
| 5 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$35.8M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$27.8M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$24.4M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$18.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.7M |
ECHO Hedge Fund Activity: Q4 2020 in Review
201 of the 5,677 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2020, worth a combined $916M — down 16% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new ECHO positions and 26 closed out — a net gain of 24 holders — while 59 added to existing stakes and 63 trimmed.
The largest buyer was Invesco, adding an estimated $16.4M. The largest seller was Hound Partners, cutting an estimated $35.8M.
- 201 institutional investors held EchoStar (ECHO) as of Q4 2020, up from 177 in Q3 2020.
- Funds reported $916M of EchoStar stock for Q4 2020, down 16% quarter-over-quarter.
- 50 funds opened new EchoStar positions in Q4 2020 and 26 closed out, a net change of +24 holders.
- The largest EchoStar buyer in Q4 2020 was Invesco, an estimated $16.4M added.
- The largest EchoStar seller in Q4 2020 was Hound Partners, an estimated $35.8M sold.
Based on aggregated 13F filings for Q4 2020.