Vault-13

DISH NETWORK CORPORATION DISH 3.375 08.15.26

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

67 institutional holders -7 vs Q2 2024
32,790,95332.8m shares reported held*
$1.8bnreported value*
4 new 9 added 17 reduced 11 sold out net sold ≈ $2.7m (-2.1m 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 ($5.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.16.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 100Q4 22: 96Q1 23: 93Q2 23: 88Q3 23: 89Q4 23: 92Q1 24: 73Q2 24: 74Q3 24: 6767Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022100
Q4 202296
Q1 202393
Q2 202388
Q3 202389
Q4 202392
Q1 202473
Q2 202474
Q3 202467

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 23 bought or addedQ4 22: 47 cut or sold outQ1 23: 35 bought or addedQ1 23: 46 cut or sold outQ1 23Q2 23: 21 bought or addedQ2 23: 42 cut or sold outQ3 23: 26 bought or addedQ3 23: 37 cut or sold outQ3 23Q4 23: 30 bought or addedQ4 23: 36 cut or sold outQ1 24: 21 bought or addedQ1 24: 55 cut or sold outQ1 24Q2 24: 14 bought or addedQ2 24: 23 cut or sold outQ3 24: 13 bought or addedQ3 24: 28 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222347
Q1 20233546
Q2 20232142
Q3 20232637
Q4 20233036
Q1 20242155
Q2 20241423
Q3 20241328

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 23 calls: $3.6mQ4 23 puts: $2.6mQ4 23P/C 0.71Q1 24 calls: $4.3mQ1 24 puts: $2.9mQ1 24P/C 0.67Q2 24 calls: $5.4mQ2 24 puts: $1.4mQ2 24P/C 0.26Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —
Numbers
QuarterCallsPutsP/C
Q4 2023$3.6m$2.6m0.71
Q1 2024$4.3m$2.9m0.67
Q2 2024$5.4m$1.4m0.26
Q3 2024$0$0—

Biggest buyers

CYRUS CAPITAL PARTNERS, L.P. Added +68,208,000+68.2m
140 Summer Partners LP Added +20,366,000+20.4m
Nut Tree Capital Management, LP Added +15,866,000+15.9m
BARINGS LLC Added +11,524,000+11.5m
SHENKMAN CAPITAL MANAGEMENT INC New +8,750,000+8.8m
CSS LLC/IL Added +8,025,000+8.0m
MOORE CAPITAL MANAGEMENT, LP New +5,000,000+5.0m
MARINER INVESTMENT GROUP LLC New +5,000,000+5.0m
JANE STREET GROUP, LLC Added +3,000,000+3.0m
Russell Investments Group, Ltd. Added +620,000+620.0k

Biggest sellers

Rokos Capital Management LLP Reduced -150,081,622-150.1m
AMERIPRISE FINANCIAL INC Reduced -26,466,000-26.5m
Diameter Capital Partners LP Reduced -22,188,000-22.2m
D. E. Shaw & Co., Inc. Sold out -13,500,000-13.5m
SILVERBACK ASSET MANAGEMENT LLC Reduced -12,500,000-12.5m
KING STREET CAPITAL MANAGEMENT, L.P. Sold out -11,500,000-11.5m
MacKay Shields LLC Sold out -5,890,000-5.9m
Kore Advisors LP Reduced -5,000,000-5.0m
CastleKnight Management LP Reduced -5,000,000-5.0m
FRANKLIN RESOURCES INC Sold out -3,420,000-3.4m

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.02% of their portfolio BOSTON, MA 411,376,000411.4m $330.1m $330.1m 0.02% Reduced -2.5m -2,471,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 150,344,000150.3m $114.6m $114.6m 0.00% Unchanged
3 LMR Partners LLP 2.53% of their portfolio LONDON, X0 140,895,000140.9m $114.8m $114.8m 2.53% Unchanged
4 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 117,935,000117.9m $95.5m $95.5m 0.10% Unchanged
5 Apollo Management Holdings, L.P. 1.66% of their portfolio New York, NY 115,454,000115.5m $93.8m $93.8m 1.66% Unchanged
6 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 105,118,000105.1m $85.1m $85.1m 0.01% Unchanged
7 CYRUS CAPITAL PARTNERS, L.P. 17.99% of their portfolio New York, NY 103,831,000103.8m $83.3m $83.3m 17.99% Added +68.2m +68,208,000
8 Anchorage Capital Advisors, L.P. 34.65% of their portfolio NEW YORK, NY 90,500,00090.5m $73.7m $73.7m 34.65% Added +500.0k +500,000
9 Nut Tree Capital Management, LP 14.93% of their portfolio NEW YORK, NY 81,016,00081.0m $65.6m $65.6m 14.93% Added +15.9m +15,866,000
10 Brandywine Global Investment Management, LLC 0.41% of their portfolio PHILADELPHIA, PA 74,065,00074.1m $61.7m $61.7m 0.41% Reduced -95.0k -95,000
11 REDWOOD CAPITAL MANAGEMENT, LLC 8.93% of their portfolio New York, NY 72,298,00072.3m $58.7m $58.7m 8.93% Unchanged
12 Monarch Alternative Capital LP 8.78% of their portfolio New York, NY 71,810,00071.8m $57.5m $57.5m 8.78% Unchanged
13 140 Summer Partners LP 6.55% of their portfolio New York, NY 70,710,00070.7m $57.4m $57.4m 6.55% Added +20.4m +20,366,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 41,647,00041.6m $34.0m $34.0m 0.00% Reduced -3.2m -3,200,000
15 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 38,729,00038.7m $31.1m $31.1m 0.01% Reduced -26.5m -26,466,000
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 35,158,00035.2m $28.2m $28.2m 0.00% First filing
17 EdgePoint Investment Group Inc. 0.17% of their portfolio TORONTO, A6 29,000,00029.0m $22.1m $22.1m 0.17% Unchanged
18 Columbus Hill Capital Management, L.P. 4.47% of their portfolio Short Hills, NJ 27,139,00027.1m $21.9m $21.9m 4.47% Unchanged
19 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 27,000,00027.0m $21.9m $21.9m 0.03% Unchanged
20 Sculptor Capital LP 0.43% of their portfolio New York, NY 26,750,00026.8m $21.7m $21.7m 0.43% Reduced -2.0m -2,000,000
21 SILVERBACK ASSET MANAGEMENT LLC 2.73% of their portfolio DURHAM, NC 23,968,00024.0m $19.5m $19.5m 2.73% Reduced -12.5m -12,500,000
22 Western Asset Management Company, LLC 19.12% of their portfolio Pasadena, CA 22,260,00022.3m $18.5m $18.5m 19.12% Unchanged
23 BARINGS LLC 0.34% of their portfolio CHARLOTTE, NC 17,963,00018.0m $14.4m $14.4m 0.34% Added +11.5m +11,524,000
24 DeepCurrents Investment Group LLC 0.44% of their portfolio NEW YORK, NY 16,704,00016.7m $13.7m $13.7m 0.44% Reduced -2.2m -2,223,000
25 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 16,075,00016.1m $13.1m $13.1m 0.02% Added +3.0m +3,000,000
26 CSS LLC/IL 0.70% of their portfolio CHICAGO, IL 14,950,00014.9m $12.1m $12.1m 0.70% Added +8.0m +8,025,000
27 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 11,548,00011.5m $9.3m $9.3m 0.00% Unchanged
28 Diameter Capital Partners LP 1.76% of their portfolio New York, NY 10,000,00010.0m $8.1m $8.1m 1.76% Reduced -22.2m -22,188,000
29 SHENKMAN CAPITAL MANAGEMENT INC 0.55% of their portfolio NEW YORK, NY 8,750,0008.8m $7.1m $7.1m 0.55% New
30 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 7,771,0007.8m $6.3m $6.3m 0.00% Reduced -39.0k -39,000
31 Walleye Capital LLC 0.06% of their portfolio NEW YORK, NY 7,000,0007.0m $5.7m $5.7m 0.06% Unchanged
32 Kore Advisors LP 4.15% of their portfolio BOYNTON BEACH, FL 6,554,0006.6m $5.3m $5.3m 4.15% Reduced -5.0m -5,000,000
33 CastleKnight Management LP 0.54% of their portfolio New York, NY 5,750,0005.8m $4.7m $4.7m 0.54% Reduced -5.0m -5,000,000
34 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 5,340,0005.3m $4.3m $4.3m 0.03% Reduced -711.0k -711,000
35 MARINER INVESTMENT GROUP LLC 1.09% of their portfolio NEW YORK, NY 5,000,0005.0m $4.0m $4.0m 1.09% New
36 MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio NEW YORK, NY 5,000,0005.0m $4.1m $4.1m 0.12% New
37 MSD Partners, L.P. 2.59% of their portfolio NEW YORK, NY 5,000,0005.0m $4.1m $4.1m 2.59% Unchanged
38 FIL Ltd 0.00% of their portfolio HAMILTON, D0 4,725,0004.7m $3.8m $3.8m 0.00% Unchanged
39 LOOMIS SAYLES & CO L P 0.14% of their portfolio BOSTON, MA 4,186,9534.2m $103.9m $103.9m 0.14% Reduced -15.8k -15,827
40 GOLDENTREE ASSET MANAGEMENT LP 0.13% of their portfolio NEW YORK, NY 2,000,0002.0m $1.6m $1.6m 0.13% Unchanged
41 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 2,000,0002.0m $1.4m $1.4m 0.00% Unchanged
42 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,832,0001.8m $1.5m $1.5m 0.00% Unchanged
43 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,750,0001.8m $1.4m $1.4m 0.00% Added +620.0k +620,000
44 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 1,185,0001.2m $950.8k $950.8k 0.00% Reduced -10.0k -10,000
45 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 660,000660.0k $529.6k $529.6k 0.00% Unchanged
46 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 400,000400.0k $325.7k $325.7k 0.00% Unchanged
47 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 400,000400.0k $323.7k $323.7k 0.00% Unchanged
48 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 125,000125.0k $101.2k $101.2k 0.00% New
49 Rokos Capital Management LLP 3.46% of their portfolio LONDON, X0 120,378120.4k $98.6m $98.6m 3.46% Reduced -150.1m -150,081,622
50 Fox Hill Wealth Management 0.04% of their portfolio DEDHAM, MA 89,00089.0k $72.0k $72.0k 0.04% Unchanged
51 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 82,00082.0k $65.8k $65.8k 0.00% Unchanged
52 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 75,00075.0k $60.0k $60.0k 0.00% Unchanged
53 UBS Group AG 0.00% of their portfolio ZURICH, V8 51,67051.7k $41.5k $41.5k 0.00% Added +1.0k +1,000
54 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,00045.0k $36.4k $36.4k 0.00% Unchanged
55 Seelaus Asset Management LLC 0.03% of their portfolio CHATHAM, NJ 45,00045.0k $36.4k $36.4k 0.03% Unchanged
56 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 25,00025.0k $20.1k $20.1k 0.00% Unchanged
57 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 25,00025.0k $20.1k $20.1k 0.00% Unchanged
58 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 24,00024.0k $19.4k $19.4k 0.01% Unchanged
59 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 14,00014.0k $11.4k $11.4k 0.00% Unchanged
60 Lakeridge Wealth Management LLC 0.01% of their portfolio MENTOR, OH 12,00012.0k $9.7k $9.7k 0.01% Unchanged
61 PRUDENT INVESTORS NETWORK, INC. 0.00% of their portfolio LAKE FOREST, CA 11,00011.0k $8.9k $8.9k 0.00% Unchanged
62 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,0005.0k $4.0k $4.0k 0.00% Reduced -1.3m -1,270,000
63 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,0005.0k $4.0k $4.0k 0.00% Reduced -1.0k -1,000
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,0003.0k $2.3k $2.3k 0.00% Unchanged
65 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,0001.0k $1.0k $1.0k 0.00% Unchanged
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 33 $2.4k $2.4k 0.00% Unchanged
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged