Vault-13

DISH NETWORK CORPORATION DISH 3.375 08.15.26

NOTE 3.375% 8/1 · US DOMESTIC · CUSIP 25470MAB5

92 institutional holders +3 vs Q3 2023
87,647,17387.6m shares reported held*
$2.1bnreported value*
13 new 17 added 23 reduced 13 sold out net bought ≈ $58.5m (-2.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.94. Options: 2 managers hold calls ($3.6m notional), 2 hold puts ($2.6m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 100Q4 22: 96Q1 23: 93Q2 23: 88Q3 23: 89Q4 23: 9292Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022100
Q4 202296
Q1 202393
Q2 202388
Q3 202389
Q4 202392

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 23 bought or addedQ4 22: 47 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 46 cut or sold outQ1 23Q2 23: 21 bought or addedQ2 23: 42 cut or sold outQ2 23Q3 23: 26 bought or addedQ3 23: 37 cut or sold outQ3 23Q4 23: 30 bought or addedQ4 23: 36 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222347
Q1 20233546
Q2 20232142
Q3 20232637
Q4 20233036

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $3.6mQ4 23 puts: $2.6mQ4 23P/C 0.71
Numbers
QuarterCallsPutsP/C
Q1 2023$0$0—
Q2 2023$0$0—
Q3 2023$0$0—
Q4 2023$3.6m$2.6m0.71

Biggest buyers

JPMORGAN CHASE & CO Added +90,980,000+91.0m
Nut Tree Capital Management, LP Added +25,150,000+25.1m
Rokos Capital Management LLP Added +21,210,000+21.2m
FMR LLC Added +15,865,000+15.9m
Sculptor Capital LP Added +15,800,000+15.8m
Columbus Hill Capital Management, L.P. New +12,369,000+12.4m
LMR Partners LLP Added +11,300,000+11.3m
CastleKnight Management LP New +10,750,000+10.8m
MOORE CAPITAL MANAGEMENT, LP New +9,000,000+9.0m
MACQUARIE GROUP LTD New +5,726,000+5.7m

Biggest sellers

SSI INVESTMENT MANAGEMENT LLC Sold out -15,703,000-15.7m
LAZARD ASSET MANAGEMENT LLC Reduced -14,279,000-14.3m
Jefferies Financial Group Inc. Reduced -13,806,000-13.8m
Calamos Advisors LLC Reduced -13,653,000-13.7m
140 Summer Partners LP Sold out -11,000,000-11.0m
CastleKnight Management LP Sold out -10,750,000-10.8m
STATE STREET CORP Reduced -9,750,000-9.8m
PUTNAM INVESTMENTS LLC Sold out -8,633,000-8.6m
Invesco Ltd. Reduced -7,971,000-8.0m
Balyasny Asset Management L.P. Sold out -7,950,000-8.0m

Biggest calls

Walleye Trading LLC New $3.2m190.8k shares
Walleye Capital LLC New $450.7k27.2k shares

Biggest puts

Walleye Trading LLC New $2.4m146.7k shares
Walleye Capital LLC New $121.0k7.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.02% of their portfolio BOSTON, MA 431,047,000431.0m $228.5m $228.5m 0.02% Added +15.9m +15,865,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 178,164,000178.2m $96.3m $96.3m 0.00% Added +91.0m +90,980,000
3 LMR Partners LLP 2.26% of their portfolio LONDON, X0 168,150,000168.2m $90.0m $90.0m 2.26% Added +11.3m +11,300,000
4 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 141,218,000141.2m $74.9m $74.9m 0.02% Reduced -2.0m -2,032,000
5 Anchorage Capital Group, L.L.C. 8.09% of their portfolio NEW YORK, NY 126,155,000126.2m $68.0m $68.0m 8.09% Unchanged
6 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 124,435,000124.4m $66.6m $66.6m 0.07% Unchanged
7 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 105,118,000105.1m $56.2m $56.2m 0.01% Unchanged
8 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 91,800,00091.8m $49.3m $49.3m 0.02% Added +5.0m +5,000,000
9 Brandywine Global Investment Management, LLC 0.32% of their portfolio PHILADELPHIA, PA 74,660,00074.7m $39.9m $39.9m 0.32% Reduced -690.0k -690,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 62,422,00062.4m $34.3m $34.3m 0.00% Reduced -9.8m -9,750,000
11 MacKay Shields LLC 0.85% of their portfolio New York, NY 54,415,00054.4m $29.1m $29.1m 0.85% Reduced -6.4m -6,355,000
12 Rokos Capital Management LLP 0.84% of their portfolio LONDON, X0 51,210,00051.2m $27.7m $27.7m 0.84% Added +21.2m +21,210,000
13 SILVERBACK ASSET MANAGEMENT LLC 3.56% of their portfolio DURHAM, NC 44,468,00044.5m $24.0m $24.0m 3.56% Added +4.0m +4,000,000
14 Nut Tree Capital Management, LP 6.96% of their portfolio NEW YORK, NY 40,150,00040.1m $21.5m $21.5m 6.96% Added +25.1m +25,150,000
15 Sculptor Capital LP 0.48% of their portfolio New York, NY 35,800,00035.8m $19.3m $19.3m 0.48% Added +15.8m +15,800,000
16 KING STREET CAPITAL MANAGEMENT, L.P. 28.10% of their portfolio New York, NY 35,000,00035.0m $18.8m $18.8m 28.10% Unchanged
17 EdgePoint Investment Group Inc. 0.14% of their portfolio TORONTO, A6 29,000,00029.0m $15.7m $15.7m 0.14% Unchanged
18 Western Asset Management Company, LLC 9.94% of their portfolio Pasadena, CA 28,270,00028.3m $15.1m $15.1m 9.94% Unchanged
19 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 27,000,00027.0m $14.4m $14.4m 0.03% Unchanged
20 Kore Advisors LP 8.94% of their portfolio BOYNTON BEACH, FL 25,554,00025.6m $13.8m $13.8m 8.94% First filing
21 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 24,170,00024.2m $13.1m $13.1m 0.01% Reduced -150.0k -150,000
22 BlackRock Inc. 0.00% of their portfolio New York, NY 20,508,00020.5m $10.9m $10.9m 0.00% Added +2.0m +2,000,000
23 Diameter Capital Partners LP 2.46% of their portfolio New York, NY 18,500,00018.5m $10.0m $10.0m 2.46% Unchanged
24 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 17,725,00017.7m $9.6m $9.6m 0.01% Added +3.0m +3,000,000
25 DeepCurrents Investment Group LLC 0.36% of their portfolio NEW YORK, NY 16,927,00016.9m $9.2m $9.2m 0.36% Unchanged
26 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 15,191,00015.2m $8.2m $8.2m 0.00% Reduced -50.0k -50,000
27 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 14,721,00014.7m $7.9m $7.9m 0.01% Reduced -14.3m -14,279,000
28 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.43% of their portfolio Toronto, A6 13,574,00013.6m $726.2m $726.2m 0.43% Reduced -800.0k -800,000
29 ANGELO GORDON & CO., L.P. 2.31% of their portfolio NEW YORK, NY 12,605,00012.6m $6.7m $6.7m 2.31% Unchanged
30 Columbus Hill Capital Management, L.P. 2.58% of their portfolio Short Hills, NJ 12,369,00012.4m $6.6m $6.6m 2.58% New
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,207,00012.2m $6.5m $6.5m 0.00% Added +5.7m +5,700,000
32 LOOMIS SAYLES & CO L P 0.30% of their portfolio BOSTON, MA 11,897,92811.9m $197.1m $197.1m 0.30% Reduced -189.7k -189,715
33 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 11,604,00011.6m $6.2m $6.2m 0.00% Unchanged
34 BARINGS LLC 0.20% of their portfolio CHARLOTTE, NC 11,517,00011.5m $6.2m $6.2m 0.20% Unchanged
35 CastleKnight Management LP 0.93% of their portfolio New York, NY 10,750,00010.8m $5.8m $5.8m 0.93% New
36 Knighthead Capital Management, LLC 0.19% of their portfolio NEW YORK, NY 10,000,00010.0m $5.3m $5.3m 0.19% Unchanged
37 MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio NEW YORK, NY 9,000,0009.0m $4.9m $4.9m 0.12% New
38 FIL Ltd 0.00% of their portfolio HAMILTON, D0 7,710,0007.7m $4.1m $4.1m 0.00% Added +886.0k +886,000
39 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 7,659,0007.7m $4.1m $4.1m 0.00% Reduced -8.0m -7,971,000
40 Parallax Volatility Advisers, L.P. 0.10% of their portfolio San Francisco, CA 7,000,0007.0m $3.7m $3.7m 0.10% Reduced -3.0m -3,000,000
41 Walleye Capital LLC 0.05% of their portfolio NEW YORK, NY 7,000,0007.0m $3.7m $3.7m 0.05% Reduced -1.0m -1,000,000
42 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 5,726,0005.7m $3.1m $3.1m 0.00% New
43 Portman Square Capital LLP 0.50% of their portfolio London, X0 5,320,0005.3m $2.9m $2.9m 0.50% Reduced -80.0k -80,000
44 MSD Partners, L.P. 0.23% of their portfolio NEW YORK, NY 5,000,0005.0m $2.8m $2.8m 0.23% Unchanged
45 Centiva Capital, LP 0.17% of their portfolio New York, NY 5,000,0005.0m $2.7m $2.7m 0.17% Unchanged
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,105,0004.1m $2.2m $2.2m 0.00% Added +990.0k +990,000
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,000,0004.0m $2.1m $2.1m 0.00% Added +2.0m +2,000,000
48 Context Capital Management, LLC 0.11% of their portfolio LAJOLLA, CA 3,200,0003.2m $1.7m $1.7m 0.11% Added +3.2m +3,198,000
49 CSS LLC/IL 0.12% of their portfolio CHICAGO, IL 3,000,0003.0m $1.6m $1.6m 0.12% New
50 DLD Asset Management, LP 0.22% of their portfolio NEW YORK, NY 2,500,0002.5m $1.4m $1.4m 0.22% New
51 III Capital Management 0.08% of their portfolio BOCA RATON, FL 2,500,0002.5m $1.4m $1.4m 0.08% New
52 Legal & General Group Plc 0.00% of their portfolio London, X0 2,318,0002.3m $1.2m $1.2m 0.00% Reduced -730.0k -730,000
53 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 2,000,0002.0m $1.1m $1.1m 0.00% Added +500.0k +500,000
54 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,000,0002.0m $1.1m $1.1m 0.00% Unchanged
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 2,000,0002.0m $1.4m $1.4m 0.00% New
56 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,832,0001.8m $994.3k $994.3k 0.00% Reduced -30.0k -30,000
57 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,520,0001.5m $837.7k $837.7k 0.00% Unchanged
58 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 1,260,0001.3m $667.8k $667.8k 0.00% Added +6.0k +6,000
59 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 1,072,0001.1m $589.0k $589.0k 0.02% New
60 REDWOOD CAPITAL MANAGEMENT, LLC 0.08% of their portfolio New York, NY 820,000820.0k $441.7k $441.7k 0.08% Unchanged
61 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 750,000750.0k $402.4k $402.4k 0.00% Unchanged
62 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 671,000671.0k $359.0k $359.0k 0.00% Reduced -13.7m -13,653,000
63 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 625,000625.0k $331.2k $331.2k 0.00% Reduced -75.0k -75,000
64 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 600,000600.0k $323.3k $323.3k 0.00% Reduced -3.0m -3,000,000
65 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 400,000400.0k $217.0k $217.0k 0.00% Unchanged
66 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 400,000400.0k $214.6k $214.6k 0.00% Unchanged
67 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 370,000370.0k $199.4k $199.4k 0.00% Reduced -283.0k -283,000
68 Worth Venture Partners, LLC 0.10% of their portfolio FORT LEE, NJ 346,000346.0k $190.1k $190.1k 0.10% New
69 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 225,000225.0k $124.6k $124.6k 0.00% Reduced -25.0k -25,000
70 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 204,245204.2k $1.2m $1.2m 0.01% New
71 ARS Investment Partners, LLC 0.01% of their portfolio New York, NY 200,000200.0k $106.0k $106.0k 0.01% Unchanged
72 Fox Hill Wealth Management 0.04% of their portfolio DEDHAM, MA 89,00089.0k $47.8k $47.8k 0.04% First filing
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 82,00082.0k $43.5k $43.5k 0.00% Unchanged
74 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 75,00075.0k $40.0k $40.0k 0.00% Unchanged
75 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 60,00060.0k $31.8k $31.8k 0.00% New
76 Seelaus Asset Management LLC 0.02% of their portfolio CHATHAM, NJ 45,00045.0k $24.1k $24.1k 0.02% Unchanged
77 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 44,00044.0k $23.6k $23.6k 0.00% Unchanged
78 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 30,00030.0k $16.2k $16.2k 0.00% Reduced -13.8m -13,806,000
79 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 25,00025.0k $13.2k $13.2k 0.00% Unchanged
80 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 25,00025.0k $13.2k $13.2k 0.00% Unchanged
81 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 24,00024.0k $12.9k $12.9k 0.01% Unchanged
82 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 16,00016.0k $8.7k $8.7k 0.00% Unchanged
83 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 15,54015.5k $840.0k $840.0k 0.01% Unchanged
84 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,00012.0k $6.4k $6.4k 0.00% Reduced -2.2m -2,164,000
85 Lakeridge Wealth Management LLC 0.00% of their portfolio MENTOR, OH 12,00012.0k $6.4k $6.4k 0.00% First filing
86 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 5,4365.4k $2.9m $2.9m 0.03% Unchanged
87 Alpine Global Management, LLC 0.23% of their portfolio NEW YORK, NY 3,0003.0k $1.6m $1.6m 0.23% New
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,0001.0k $1.0k $1.0k 0.00% Reduced -11.0k -11,000
89 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $530 $530 0.00% Unchanged
90 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $530 $530 0.00% Unchanged
91 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 33 $1.6k $1.6k 0.00% Unchanged
92 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged