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ECHO

EchoStar

551 hedge funds and large institutions have $16.7B invested in EchoStar in 2025 Q4 according to their latest regulatory filings, with 202 funds opening new positions, 171 increasing their positions, 132 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

312% more first-time investments, than exits

New positions opened: 202 | Existing positions closed: 49

135% more call options, than puts

Call options by funds: $2.1B | Put options by funds: $894M

49% more capital invested

Capital invested by funds: $11.3B → $16.7B (+$5.48B)

38% more funds holding in top 10

Funds holding in top 10: 3447 (+13)

37% more funds holding

Funds holding: 403551 (+148)

30% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 132

4.05% more ownership

Funds ownership: 94.35%98.4% (+4%)

Holders
551
Holders Change
+148
Holders Change %
+36.72%
% of All Funds
6.69%
Holding in Top 10
47
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+38.24%
% of All Funds
0.57%
New
202
Increased
171
Reduced
132
Closed
49
Calls
$2.1B
Puts
$894M
Net Calls
+$1.2B
Net Calls Change
+$544M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.14B +$99.7M +1,223,969 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.46B -$939K -11,533 -0.1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$998M +$325M +3,994,385 +77%
DCP
4
Darsana Capital Partners
New York
$761M -$40.7M -500,000 -7%
LP
5
Linonia Partnership
New York
$665M +$498M +6,119,103 New
State Street
6
State Street
Massachusetts
$601M +$40.8M +501,547 +10%
SHCM
7
Sachem Head Capital Management
New York
$568M +$426M +5,227,400 New
DCP
8
Diameter Capital Partners
New York
$410M -$179M -2,195,331 -37%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$383M +$3.96M +48,671 +1%
Goldman Sachs
10
Goldman Sachs
New York
$368M +$92.3M +1,133,990 +50%
IC
11
Icahn Carl
Florida
$365M -$81.4M -1,000,000 -23%
JP Morgan Chase
12
JP Morgan Chase
New York
$306M +$153M +1,881,712 +201%
UBS Group
13
UBS Group
Switzerland
$285M +$34.1M +418,326 +19%
AMH
14
Apollo Management Holdings
New York
$268M -$121M -1,490,755 -38%
RCM
15
Redwood Capital Management
New York
$247M -$271M -3,332,012 -60%
CGH
16
Contrarius Group Holdings
Bermuda
$237M +$72.3M +887,611 +69%
DCP
17
D1 Capital Partners
New York
$202M +$84.2M +1,033,600 +126%
Northern Trust
18
Northern Trust
Illinois
$192M +$1.86M +22,900 +1%
Norges Bank
19
Norges Bank
Norway
$182M +$136M +1,675,354 New
Charles Schwab
20
Charles Schwab
California
$181M -$5.83M -71,610 -4%
MAC
21
Monarch Alternative Capital
New York
$157M -$93.9M -1,153,216 -44%
Marshall Wace
22
Marshall Wace
United Kingdom
$156M +$59.6M +731,806 +104%
Morgan Stanley
23
Morgan Stanley
New York
$151M +$10.2M +125,771 +10%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$139M -$25.7M -315,782 -20%
LP
25
LMR Partners
United Kingdom
$132M -$26M -319,462 -21%

ECHO Hedge Fund Activity: Q4 2025 in Review

551 of the 8,239 institutional investors tracked by Wall St. Rank reported a position in EchoStar (ECHO) for Q4 2025, worth a combined $16.7B — up 49% from $11.3B a quarter earlier.

Buyers outnumbered sellers: 202 funds opened new ECHO positions and 49 closed out — a net gain of 153 holders — while 171 added to existing stakes and 132 trimmed.

The largest buyer was Linonia Partnership, opening a new position worth an estimated $498M. The largest seller was Dodge & Cox, cutting an estimated $958M.

  • 551 institutional investors held EchoStar (ECHO) as of Q4 2025, up from 403 in Q3 2025.
  • Funds reported $16.7B of EchoStar stock for Q4 2025, up 49% quarter-over-quarter.
  • 202 funds opened new EchoStar positions in Q4 2025 and 49 closed out, a net change of +153 holders.
  • The largest EchoStar buyer in Q4 2025 was Linonia Partnership, an estimated $498M added.
  • The largest EchoStar seller in Q4 2025 was Dodge & Cox, an estimated $958M sold.

Based on aggregated 13F filings for Q4 2025.