Vault-13

DISH NETWORK CORPORATION DISH 2.375 03.15.24

NOTE 2.375% 3/1 · US DOMESTIC · CUSIP 25470MAD1

52 institutional holders -2 vs Q3 2023
58,394,11658.4m shares reported held*
$1.4bnreported value*
7 new 12 added 12 reduced 9 sold out net sold ≈ $18.7m (-51.0m 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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.83.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 50Q4 22: 54Q1 23: 56Q2 23: 48Q3 23: 54Q4 23: 5252Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202250
Q4 202254
Q1 202356
Q2 202348
Q3 202354
Q4 202352

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 20 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 25 cut or sold outQ1 23Q2 23: 26 bought or addedQ2 23: 28 cut or sold outQ2 23Q3 23: 25 bought or addedQ3 23: 27 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 21 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222020
Q1 20232125
Q2 20232628
Q3 20232527
Q4 20231921

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $13.4mQ2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —
Numbers
QuarterCallsPutsP/C
Q1 2023$0$0—
Q2 2023$0$13.4m—
Q3 2023$0$0—
Q4 2023$0$0—

Biggest buyers

JPMORGAN CHASE & CO Added +68,930,000+68.9m
DeepCurrents Investment Group LLC Added +7,000,000+7.0m
MSD Partners, L.P. Added +5,000,000+5.0m
FRANKLIN RESOURCES INC Added +4,800,000+4.8m
Magnetar Financial LLC Added +4,600,000+4.6m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +4,297,000+4.3m
ARISTEIA CAPITAL, L.L.C. Added +3,000,000+3.0m
CITIGROUP INC Added +2,450,000+2.5m
SHENKMAN CAPITAL MANAGEMENT INC Added +1,446,000+1.4m
MOORE CAPITAL MANAGEMENT, LP New +1,000,000+1.0m

Biggest sellers

Trium Capital LLP Reduced -38,700,000-38.7m
JANUS HENDERSON GROUP PLC Sold out -17,094,000-17.1m
CARRONADE CAPITAL MANAGEMENT, LP Reduced -15,000,000-15.0m
P SCHOENFELD ASSET MANAGEMENT LP Sold out -8,530,000-8.5m
Point72 Asset Management, L.P. Reduced -8,250,000-8.2m
STATE STREET CORP Reduced -7,500,000-7.5m
DEUTSCHE BANK AG\ Sold out -6,884,000-6.9m
BlackRock Inc. Sold out -6,660,000-6.7m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -6,500,000-6.5m
MORGAN STANLEY Sold out -3,265,000-3.3m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 147,840,000147.8m $145.7m $145.7m 0.01% Added +68.9m +68,930,000
2 FMR LLC 0.01% of their portfolio BOSTON, MA 139,174,000139.2m $137.8m $137.8m 0.01% Added +85.0k +85,000
3 MacKay Shields LLC 2.59% of their portfolio New York, NY 89,354,00089.4m $88.8m $88.8m 2.59% Unchanged
4 CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio TORONTO ONTARIO, A6 69,593,00069.6m $68.9m $68.9m 0.09% Unchanged
5 ARISTEIA CAPITAL, L.L.C. 2.82% of their portfolio GREENWICH, CT 68,907,00068.9m $68.5m $68.5m 2.82% Added +3.0m +3,000,000
6 MSD Partners, L.P. 4.26% of their portfolio NEW YORK, NY 51,000,00051.0m $50.3m $50.3m 4.26% Added +5.0m +5,000,000
7 Western Asset Management Company, LLC 30.19% of their portfolio Pasadena, CA 46,197,00046.2m $45.9m $45.9m 30.19% Reduced -710.0k -710,000
8 Bracebridge Capital, LLC 31.83% of their portfolio BOSTON, MA 40,225,00040.2m $39.8m $39.8m 31.83% Unchanged
9 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 29,800,00029.8m $29.6m $29.6m 0.01% Added +4.8m +4,800,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 20,911,00020.9m $20.9m $20.9m 0.00% Reduced -7.5m -7,500,000
11 SHENKMAN CAPITAL MANAGEMENT INC 1.44% of their portfolio NEW YORK, NY 20,106,00020.1m $20.1m $20.1m 1.44% Added +1.4m +1,446,000
12 DeepCurrents Investment Group LLC 0.58% of their portfolio NEW YORK, NY 15,300,00015.3m $15.1m $15.1m 0.58% Added +7.0m +7,000,000
13 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.70% of their portfolio NEW YORK, NY 13,500,00013.5m $13.3m $13.3m 0.70% Reduced -6.5m -6,500,000
14 BOOTHBAY FUND MANAGEMENT, LLC 0.42% of their portfolio NEW YORK, NY 12,188,00012.2m $12.1m $12.1m 0.42% Added +103.0k +103,000
15 Magnetar Financial LLC 0.28% of their portfolio EVANSTON, IL 11,295,00011.3m $11.1m $11.1m 0.28% Added +4.6m +4,600,000
16 CARRONADE CAPITAL MANAGEMENT, LP 3.85% of their portfolio DARIEN, CT 10,000,00010.0m $9.8m $9.8m 3.85% Reduced -15.0m -15,000,000
17 Boundary Creek Advisors LP 3.65% of their portfolio TUCKAHOE, NY 5,750,0005.8m $5.7m $5.7m 3.65% Unchanged
18 Trium Capital LLP 42.36% of their portfolio LONDON, X0 5,300,0005.3m $524.7m $524.7m 42.36% Reduced -38.7m -38,700,000
19 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 5,000,0005.0m $5.0m $5.0m 0.01% Unchanged
20 SSI INVESTMENT MANAGEMENT LLC 0.35% of their portfolio Los Angeles, CA 4,642,0004.6m $4.6m $4.6m 0.35% Reduced -1.4m -1,401,000
21 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 4,297,0004.3m $4.3m $4.3m 0.02% New
22 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 4,247,0004.2m $4.2m $4.2m 0.01% Added +2.5m +2,450,000
23 Calamos Advisors LLC 0.02% of their portfolio NAPERVILLE, IL 3,906,0003.9m $3.9m $3.9m 0.02% Reduced -975.0k -975,000
24 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 3,000,0003.0m $3.0m $3.0m 0.00% Unchanged
25 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 2,625,0002.6m $2.6m $2.6m 0.01% Reduced -8.2m -8,250,000
26 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 2,488,0002.5m $2.5m $2.5m 0.00% Unchanged
27 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 2,090,0002.1m $2.1m $2.1m 0.00% Reduced -230.0k -230,000
28 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.26% of their portfolio Miamisburg, OH 2,000,0002.0m $2.0m $2.0m 0.26% Unchanged
29 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,270,0001.3m $1.3m $1.3m 0.02% Unchanged
30 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 1,101,1161.1m $18.2m $18.2m 0.03% Reduced -175.9k -175,939
31 MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio NEW YORK, NY 1,000,0001.0m $991.2k $991.2k 0.02% New
32 Quarry LP 0.50% of their portfolio NEW YORK, NY 1,000,0001.0m $983.3k $983.3k 0.50% New
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 863,000863.0k $854.0k $854.0k 0.00% New
34 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 625,000625.0k $618.8k $618.8k 0.00% Unchanged
35 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 345,000345.0k $341.6k $341.6k 0.00% Reduced -120.0k -120,000
36 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 315,000315.0k $312.0k $312.0k 0.00% Unchanged
37 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 273,000273.0k $271.0k $271.0k 0.03% Reduced -50.0k -50,000
38 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 225,000225.0k $223.7k $223.7k 0.00% Unchanged
39 SG Americas Securities, LLC 0.17% of their portfolio NEW YORK, NY 153,000153.0k $15.2m $15.2m 0.17% New
40 Claret Asset Management Corp 0.03% of their portfolio MONTREAL, A8 150,000150.0k $148.0k $148.0k 0.03% Unchanged
41 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 95,00095.0k $94.0k $94.0k 0.00% Unchanged
42 HUB Investment Partners, LLC 0.00% of their portfolio AUSTIN, TX 55,00055.0k $54.5k $54.5k 0.00% New
43 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 40,00040.0k $39.8k $39.8k 0.00% Unchanged
44 Private Portfolio Partners LLC 0.01% of their portfolio PARAMUS, NJ 25,00025.0k $24.8k $24.8k 0.01% Unchanged
45 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 22,00022.0k $21.8k $21.8k 0.00% Unchanged
46 Dynamic Advisor Solutions LLC 0.00% of their portfolio PHOENIX, AZ 20,00020.0k $19.6k $19.6k 0.00% Unchanged
47 Williams & Novak, LLC 0.02% of their portfolio WESTLAKE VILLAGE, CA 20,00020.0k $19.8k $19.8k 0.02% First filing
48 WEDBUSH SECURITIES INC 0.08% of their portfolio PASADENA, CA 18,00018.0k $1.8m $1.8m 0.08% Added +2.0k +2,000
49 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.00% of their portfolio CONCORD, MA 10,00010.0k $9.9k $9.9k 0.00% Unchanged
50 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 4,8264.8k $4.8m $4.8m 0.05% Added +2.2k +2,207
51 BW Gestao de Investimentos Ltda. 0.34% of their portfolio SAO PAULO, D5 3,0003.0k $3.0m $3.0m 0.34% New
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged