EchoStar
ECHO
162 hedge funds and large institutions have $538M invested in EchoStar in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 61 reducing their positions, and 33 closing their positions.
550% more call options, than puts
Call options by funds: $968K | Put options by funds: $149K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.49% less ownership
Funds ownership: 90.48% → 86% (-4.5%)
9% less capital invested
Capital invested by funds: $589M → $538M (-$50.8M)
11% less funds holding
Funds holding: 183 → 162 (-21)
13% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 61
64% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.94M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.01M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.71M |
| 5 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$9.24M |
| 2 |
Millennium Management
New York
|
-$4.89M |
| 3 |
Two Sigma Investments
New York
|
-$2.73M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.17M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$2.1M |
ECHO Hedge Fund Activity: Q2 2023 in Review
162 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q2 2023, worth a combined $538M — down 8.6% from $589M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ECHO and 12 opened new positions — a net loss of 21 holders — while 61 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $8.95M. The largest seller was Brown Advisory, cutting an estimated $9.24M.
- 162 institutional investors held EchoStar (ECHO) as of Q2 2023, down from 183 in Q1 2023.
- Funds reported $538M of EchoStar stock for Q2 2023, down 8.6% quarter-over-quarter.
- 12 funds opened new EchoStar positions in Q2 2023 and 33 closed out, a net change of -21 holders.
- The largest EchoStar buyer in Q2 2023 was BlackRock, an estimated $8.95M added.
- The largest EchoStar seller in Q2 2023 was Brown Advisory, an estimated $9.24M sold.
Based on aggregated 13F filings for Q2 2023.