Vault-13

DISH NETWORK CORPORATION DISH 0 12.15.25

NOTE 12/1 · US DOMESTIC · CUSIP 25470MAF6

64 institutional holders -3 vs Q1 2023
21,315,01721.3m shares reported held*
$862.4mreported value*
10 new 13 added 25 reduced 13 sold out net sold ≈ $151.7m (+5.7m 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.61. Options: 0 managers hold calls (— notional), 1 hold puts ($103.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 75Q4 22: 72Q1 23: 67Q2 23: 6464Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202275
Q4 202272
Q1 202367
Q2 202364

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 26 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 31 bought or addedQ1 23: 39 cut or sold outQ1 23Q2 23: 23 bought or addedQ2 23: 38 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222632
Q1 20233139
Q2 20232338

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $103.6mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$103.6m—

Biggest buyers

Diameter Capital Partners LP New +92,907,000+92.9m
AMERIPRISE FINANCIAL INC Added +23,918,000+23.9m
FIR TREE CAPITAL MANAGEMENT LP New +14,000,000+14.0m
Hudson Bay Capital Management LP New +12,500,000+12.5m
STATE STREET CORP Added +11,250,000+11.2m
Aequim Alternative Investments LP Added +11,000,000+11.0m
JPMORGAN CHASE & CO Added +10,459,000+10.5m
REDWOOD CAPITAL MANAGEMENT, LLC New +7,000,000+7.0m
Boundary Creek Advisors LP Added +5,000,000+5.0m
Fort Baker Capital Management LP New +4,500,000+4.5m

Biggest sellers

Shaolin Capital Management LLC Sold out -190,000,000-190.0m
LMR Partners LLP Reduced -64,750,000-64.8m
WOLVERINE ASSET MANAGEMENT LLC Sold out -58,348,000-58.3m
WHITEBOX ADVISORS LLC Reduced -27,000,000-27.0m
CITADEL ADVISORS LLC Reduced -24,365,000-24.4m
TWO SIGMA INVESTMENTS, LP Reduced -17,000,000-17.0m
Balyasny Asset Management L.P. Sold out -15,000,000-15.0m
FMR LLC Reduced -13,705,000-13.7m
III Capital Management Reduced -12,952,000-13.0m
SOROS FUND MANAGEMENT LLC Reduced -12,500,000-12.5m

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $103.6m195.0m 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 130,825,000130.8m $69.8m $69.8m 0.07% Reduced -7.2m -7,160,000
2 SOROS FUND MANAGEMENT LLC 1.28% of their portfolio NEW YORK, NY 110,650,000110.7m $59.2m $59.2m 1.28% Reduced -12.5m -12,500,000
3 Calamos Advisors LLC 0.25% of their portfolio NAPERVILLE, IL 93,294,00093.3m $49.7m $49.7m 0.25% Reduced -63.0k -63,000
4 Diameter Capital Partners LP 21.43% of their portfolio New York, NY 92,907,00092.9m $49.5m $49.5m 21.43% New
5 TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio NEW YORK, NY 90,529,00090.5m $47.9m $47.9m 0.13% Reduced -17.0m -17,000,000
6 Boundary Creek Advisors LP 19.60% of their portfolio TUCKAHOE, NY 77,900,00077.9m $41.2m $41.2m 19.60% Added +5.0m +5,000,000
7 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 74,500,00074.5m $39.5m $39.5m 0.04% Reduced -24.4m -24,365,000
8 Aequim Alternative Investments LP 1.36% of their portfolio MILL VALLEY, CA 67,500,00067.5m $36.0m $36.0m 1.36% Added +11.0m +11,000,000
9 WHITEBOX ADVISORS LLC 1.52% of their portfolio MINNEAPOLIS, MN 59,416,00059.4m $31.4m $31.4m 1.52% Reduced -27.0m -27,000,000
10 Sculptor Capital LP 0.76% of their portfolio New York, NY 54,533,00054.5m $29.0m $29.0m 0.76% Reduced -500.0k -500,000
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 51,879,00051.9m $27.4m $27.4m 0.01% Added +23.9m +23,918,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 51,805,00051.8m $27.5m $27.5m 0.00% Added +11.2m +11,250,000
13 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.56% of their portfolio CHICAGO, IL 50,000,00050.0m $26.5m $26.5m 0.56% Unchanged
14 III Capital Management 1.94% of their portfolio BOCA RATON, FL 46,500,00046.5m $24.8m $24.8m 1.94% Reduced -13.0m -12,952,000
15 Western Asset Management Company, LLC 10.39% of their portfolio Pasadena, CA 43,483,00043.5m $23.2m $23.2m 10.39% Added +2.9m +2,930,000
16 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.23% of their portfolio NEW YORK, NY 40,000,00040.0m $21.2m $21.2m 1.23% Reduced -5.0m -5,000,000
17 CAMDEN ASSET MANAGEMENT L P /CA 0.69% of their portfolio Los Angeles, CA 37,775,00037.8m $20.0m $20.0m 0.69% Added +2.5m +2,500,000
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 36,301,00036.3m $19.2m $19.2m 0.00% Added +10.5m +10,459,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 32,905,00032.9m $17.4m $17.4m 0.00% Reduced -13.7m -13,705,000
20 LMR Partners LLP 0.36% of their portfolio LONDON, X0 30,000,00030.0m $16.0m $16.0m 0.36% Reduced -64.8m -64,750,000
21 TENOR CAPITAL MANAGEMENT Co., L.P. 0.30% of their portfolio NEW YORK, NY 27,500,00027.5m $14.5m $14.5m 0.30% Unchanged
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 26,500,00026.5m $14.0m $14.0m 0.00% Added +1.5m +1,500,000
23 CAPSTONE INVESTMENT ADVISORS, LLC 0.39% of their portfolio NEW YORK, NY 25,000,00025.0m $13.3m $13.3m 0.39% Reduced -6.2m -6,200,000
24 OAKTREE CAPITAL MANAGEMENT LP 0.14% of their portfolio LOS ANGELES, CA 18,995,00019.0m $10.1m $10.1m 0.14% Unchanged
25 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 18,000,00018.0m $9.6m $9.6m 0.03% Reduced -2.0m -2,000,000
26 DeepCurrents Investment Group LLC 0.41% of their portfolio NEW YORK, NY 18,000,00018.0m $9.5m $9.5m 0.41% Added +2.0m +2,000,000
27 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 17,000,00017.0m $9.1m $9.1m 0.01% Unchanged
28 FIR TREE CAPITAL MANAGEMENT LP 0.73% of their portfolio New York, NY 14,000,00014.0m $7.4m $7.4m 0.73% New
29 EdgePoint Investment Group Inc. 0.07% of their portfolio TORONTO, A6 14,000,00014.0m $7.4m $7.4m 0.07% Unchanged
30 Lombard Odier Asset Management (USA) Corp 0.78% of their portfolio New York, NY 13,000,00013.0m $6.9m $6.9m 0.78% Unchanged
31 Hudson Bay Capital Management LP 0.07% of their portfolio STAMFORD, CT 12,500,00012.5m $6.6m $6.6m 0.07% New
32 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 11,554,00011.6m $6.2m $6.2m 0.01% Reduced -300.0k -300,000
33 BlackRock Inc. 0.00% of their portfolio New York, NY 11,335,00011.3m $6.0m $6.0m 0.00% Reduced -450.0k -450,000
34 Magnetar Financial LLC 0.13% of their portfolio EVANSTON, IL 10,825,00010.8m $5.7m $5.7m 0.13% Reduced -4.0m -4,000,000
35 REDWOOD CAPITAL MANAGEMENT, LLC 0.54% of their portfolio New York, NY 7,000,0007.0m $3.7m $3.7m 0.54% New
36 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 6,600,0006.6m $3.5m $3.5m 0.03% Unchanged
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,537,0006.5m $3.4m $3.4m 0.00% Reduced -1.1m -1,057,000
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,830,0005.8m $3.1m $3.1m 0.00% Added +335.0k +335,000
39 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 5,488,0005.5m $2.9m $2.9m 0.00% Unchanged
40 Hiddenite Capital Partners LP 3.42% of their portfolio NEW YORK, NY 5,000,0005.0m $2.7m $2.7m 3.42% Unchanged
41 Fort Baker Capital Management LP 0.34% of their portfolio Larkspur, CA 4,500,0004.5m $2.4m $2.4m 0.34% New
42 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.29% of their portfolio Miamisburg, OH 4,000,0004.0m $2.1m $2.1m 0.29% Unchanged
43 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4,000,0004.0m $2.1m $2.1m 0.00% New
44 CI INVESTMENTS INC. 0.01% of their portfolio TORONTO, Z4 3,325,0003.3m $1.8m $1.8m 0.01% Unchanged
45 MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio NEW YORK, NY 3,000,0003.0m $1.6m $1.6m 0.04% New
46 BlueCrest Capital Management Ltd 0.18% of their portfolio ST HELIER, Y9 2,600,0002.6m $1.4m $1.4m 0.18% Unchanged
47 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 2,502,0172.5m $16.5m $16.5m 0.03% Added +654.4k +654,372
48 CSS LLC/IL 0.10% of their portfolio CHICAGO, IL 2,500,0002.5m $1.3m $1.3m 0.10% Reduced -2.0m -2,000,000
49 Anson Funds Management LP 0.34% of their portfolio DALLAS, TX 2,500,0002.5m $1.3m $1.3m 0.34% Reduced -2.5m -2,500,000
50 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,800,0001.8m $1.3m $1.3m 0.00% Reduced -1.8m -1,800,000
51 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,414,0001.4m $747.7k $747.7k 0.00% New
52 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,075,0001.1m $568.5k $568.5k 0.00% Added +600.0k +600,000
53 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 750,000750.0k $393.7k $393.7k 0.00% Unchanged
54 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 708,000708.0k $376.9k $376.9k 0.03% Reduced -43.0k -43,000
55 Teton Advisors, Inc. 0.10% of their portfolio Rye, NY 700,000700.0k $371.8k $371.8k 0.10% Unchanged
56 DLD Asset Management, LP 0.04% of their portfolio NEW YORK, NY 500,000500.0k $270.0k $270.0k 0.04% Reduced -10.3m -10,310,000
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 310,000310.0k $163.9k $163.9k 0.00% Reduced -500.0k -500,000
58 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 169,000169.0k $90.4k $90.4k 0.00% Reduced -4.0m -4,045,000
59 Oaktree Fund Advisors, LLC 0.05% of their portfolio LOS ANGLES, CA 110,000110.0k $58.7k $58.7k 0.05% Unchanged
60 Worth Venture Partners, LLC 0.02% of their portfolio FORT LEE, NJ 74,00074.0k $39.6k $39.6k 0.02% Reduced -892.0k -892,000
61 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 40,00040.0k $21.2k $21.2k 0.00% New
62 Context Capital Management, LLC 0.51% of their portfolio LAJOLLA, CA 10,50010.5k $5.6m $5.6m 0.51% New
63 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 5,8385.8k $3.1m $3.1m 0.05% Added +1.2k +1,183
64 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged