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ECHO

EchoStar

174 hedge funds and large institutions have $733M invested in EchoStar in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 34

48% more capital invested

Capital invested by funds: $497M → $733M (+$237M)

40.29% more ownership

Funds ownership: 82.04%122.34% (+40%)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

24% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 41

5% more funds holding

Funds holding: 165174 (+9)

44% less call options, than puts

Call options by funds: $51.8M | Put options by funds: $93M

Holders
174
Holders Change
+9
Holders Change %
+5.45%
% of All Funds
2.54%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
51
Increased
68
Reduced
34
Closed
41
Calls
$51.8M
Puts
$93M
Net Calls
-$41.1M
Net Calls Change
-$42.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$116M +$38.9M +3,016,208 +75%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.1M +$7.49M +581,159 +17%
PS
3
Pennant Select
New Jersey
$36.9M +$28.7M +2,226,454 New
PI
4
Pennant Investors
New Jersey
$35.7M +$27.7M +2,153,209 New
GAM
5
Goldentree Asset Management
New York
$34.5M +$26.8M +2,081,216 New
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$32.2M -$3.09M -239,826 -11%
Renaissance Technologies
7
Renaissance Technologies
New York
$31M +$2.1M +163,400 +10%
State Street
8
State Street
Massachusetts
$29.2M +$12.1M +935,493 +113%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$28.6M +$12.8M +993,090 +126%
Morgan Stanley
10
Morgan Stanley
New York
$23.5M +$8.29M +643,422 +83%
Charles Schwab
11
Charles Schwab
California
$18.1M +$4.93M +383,030 +54%
QCI
12
Quaker Capital Investments
Pennsylvania
$15.5M -$477K -37,000 -4%
Principal Financial Group
13
Principal Financial Group
Iowa
$10.6M +$8.06M +625,325 +4,542%
Millennium Management
14
Millennium Management
New York
$10.4M +$7.54M +584,957 +1,285%
Bank of America
15
Bank of America
North Carolina
$10.1M +$7.4M +574,808 +1,603%
BCM
16
Bridgeway Capital Management
Texas
$9.9M +$541K +42,022 +8%
Invesco
17
Invesco
Georgia
$9.85M +$5.09M +395,184 +198%
GI
18
GAMCO Investors
Connecticut
$9.54M +$3.01M +233,926 +68%
American Century Companies
19
American Century Companies
Missouri
$9.45M +$1.24M +96,279 +20%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$8.78M +$4.53M +351,480 +197%
GF
21
Gabelli Funds
New York
$8.52M -$2.39M -185,325 -26%
CCM
22
Carronade Capital Management
Connecticut
$8.29M +$6.44M +500,000 New
N
23
Nuveen
North Carolina
$8.15M +$1.54M +119,505 +32%
JP Morgan Chase
24
JP Morgan Chase
New York
$7M -$1.9M -147,241 -26%
Point72 Asset Management
25
Point72 Asset Management
Connecticut
$6.41M +$4.98M +386,743 New

ECHO Hedge Fund Activity: Q4 2023 in Review

174 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2023, worth a combined $733M — up 48% from $497M a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new ECHO positions and 41 closed out — a net gain of 10 holders — while 68 added to existing stakes and 34 trimmed.

The largest buyer was BlackRock, adding an estimated $38.9M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $36.1M sold.

  • 174 institutional investors held EchoStar (ECHO) as of Q4 2023, up from 165 in Q3 2023.
  • Funds reported $733M of EchoStar stock for Q4 2023, up 48% quarter-over-quarter.
  • 51 funds opened new EchoStar positions in Q4 2023 and 41 closed out, a net change of +10 holders.
  • The largest EchoStar buyer in Q4 2023 was BlackRock, an estimated $38.9M added.
  • The largest EchoStar seller in Q4 2023 was Beryl Capital Management, an estimated $36.1M sold.

Based on aggregated 13F filings for Q4 2023.