ECHOSTAR CORP ECHO
CL A · Common Stock · CUSIP 278768106 · ISIN US2787681061
Global satellite services provider
- SectorCommunication
- IndustryCommunications Services, NEC
- HeadquartersEnglewood, CO
- Founded1980
- Websiteechostar.com
- FilingsSEC EDGAR
* 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 ($6.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.34. Options: 5 managers hold calls ($968.4k notional), 2 hold puts ($149.1k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 189 |
| Q4 2022 | 185 |
| Q1 2023 | 184 |
| Q2 2023 | 163 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 73 | 84 |
| Q1 2023 | 88 | 78 |
| Q2 2023 | 62 | 95 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.0m | $1.4m | 1.39 |
| Q4 2022 | $1.5m | $2.0m | 1.30 |
| Q1 2023 | $1.2m | $1.6m | 1.42 |
| Q2 2023 | $968.4k | $149.1k | 0.15 |
Biggest buyers
| BlackRock Inc. | Added | +531.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +233.7k |
| Empowered Funds, LLC | New | +178.5k |
| Thrivent Financial for Lutherans | New | +101.6k |
| Quaker Capital Investments, LLC | Added | +85.9k |
| MORGAN STANLEY | Added | +53.4k |
| AMERICAN CENTURY COMPANIES INC | Added | +37.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +36.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +34.8k |
| WEDGE CAPITAL MANAGEMENT L L P/NC | New | +32.9k |
Biggest sellers
| BROWN ADVISORY INC | Reduced | -548.5k |
| Hudson Bay Capital Management LP | Reduced | -534.9k |
| FMR LLC | Reduced | -455.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -290.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -162.4k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -124.9k |
| TWO SIGMA ADVISERS, LP | Reduced | -123.4k |
| Cubist Systematic Strategies, LLC | Sold out | -118.7k |
| MARSHALL WACE, LLP | Reduced | -115.3k |
| CITADEL ADVISORS LLC | Reduced | -110.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $830.6k47.9k shares |
| CITADEL ADVISORS LLC | Reduced | $117.9k6.8k shares |
| GROUP ONE TRADING LLC | Added | $13.9k800 shares |
| SIMPLEX TRADING, LLC | New | $6.0k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $149.1k8.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
ERGEN CHARLES W
13D · may seek influence
no change · filed 2026-07-31
Stated purposeItem 4 is hereby amended and supplemented as follows: During the third quarter of each year, Mr. Ergen receives an annuity amount from the 2025 July GRAT, assuming that the 2025 July GRAT has not expired. The number of shares of Class B Common Stock to be distributed as an annuity payment is based in part on the price of the Class A Common Stock on the distribution date and therefore cannot be calculated until the date of distribution. In addition to shares of Class B Common Stock, the annuity payments (and their associated timing) may include, and be based upon, amounts generated from the holdings of the 2025 July GRAT including, among other things, stock recapitalizations or dividends paid or payable with respect to the shares of Class B Common Stock held by the 2025 July GRAT. On July … Full filing |
50.9% |
| STATE STREET CORP 13G · institution -2.5 pts · filed 2026-08-07 | 6.7% |
| BlackRock, Inc. 13G · institution -2.0 pts · filed 2026-07-28 | 6.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.2% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution +5.2 pts · filed 2026-08-13 | 5.3% |
Fell to 5% or below in the last year: FMR LLC (1.8%, 2026-07-08), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Darsana Capital Partners LP (4.5%, 2026-02-17), DODGE & COX (0.0%, 2026-02-13), REDWOOD CAPITAL MANAGEMENT, LLC (3.6%, 2025-11-17)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $12.0k | 0 | — | — |
| Q1 2022 | 1 | $495.5k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 4.4m $77.1m | Added +531.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.4m $59.5m | Reduced -1.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.3m $39.4m | Reduced -95.5k |
| Quaker Capital Investments, LLC 13.09% of their portfolio | 2.1m $36.7m | Added +85.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 1.6m $28.3m | Reduced -96.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 894.9k $15.5m | Reduced -61.9k |
| STATE STREET CORP 0.00% of their portfolio | 821.7k $14.2m | Reduced -22.2k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.23% of their portfolio | 819.1k $14.2m | Reduced -23.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 764.3k $13.3m | Added +23.9k |
| Hudson Bay Capital Management LP 0.13% of their portfolio | 735.1k $12.7m | Reduced -534.9k |
| MORGAN STANLEY 0.00% of their portfolio | 718.4k $12.5m | Added +53.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 698.7k $12.1m | Added +34.8k |
| Epoch Investment Partners, Inc. 0.06% of their portfolio | 635.6k $11.0m | Added +3.2k |
| GABELLI FUNDS LLC 0.07% of their portfolio | 559.7k $9.7m | Reduced -38.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 555.0k $9.6m | Added +3.2k |
| JUPITER ASSET MANAGEMENT LTD 0.08% of their portfolio | 448.1k $7.8m | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 446.0k $7.7m | Reduced -75.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 434.7k $7.5m | Added +37.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 390.4k $6.8m | Added +233.7k |
| FMR LLC 0.00% of their portfolio | 386.2k $6.7m | Reduced -455.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 373.2k $6.5m | Reduced -1.6k |
| DORCHESTER WEALTH MANAGEMENT Co 1.17% of their portfolio | 331.3k $5.7m | Added +8.1k |
| Long Focus Capital Management, LLC 0.84% of their portfolio | 321.5k $5.6m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 315.3k $5.5m | Added +3.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 305.5k $5.3m | Reduced -2.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 295.2k $5.1m | Reduced -290.2k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 274.8k $4.8m | Added +36.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 270.4k $4.7m | Added +13.1k |
| Potomac Capital Management, Inc. 4.50% of their portfolio | 229.3k $4.0m | Reduced -12.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 218.7k $3.8m | Reduced -110.7k |
| Invesco Ltd. 0.00% of their portfolio | 203.8k $3.5m | Added +3.9k |
| GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio | 201.7k $3.5m | Added +7.5k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 199.5k $3.5m | Added +4.5k |
| Empowered Funds, LLC 0.11% of their portfolio | 178.5k $3.1m | New |
| EA Series Trust 0.11% of their portfolio | 178.5k $3.1m | First filing |
| Bank of New York Mellon Corp 0.00% of their portfolio | 173.6k $3.0m | Added +2.4k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 151.8k $2.6m | Reduced -115.3k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 146.3k $2.5m | Added +20.2k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 139.8k $2.4m | Reduced -123.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 137.3k $2.4m | Reduced -24.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 130.1k $2.3m | Added +100 |
| Penserra Capital Management LLC 0.04% of their portfolio | 121.0k $2.1m | Added +16.1k |
| Invenomic Capital Management LP 0.11% of their portfolio | 110.5k $1.9m | Reduced -3.6k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 109.2k $1.9m | Reduced -37.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 105.7k $1.8m | Reduced -2.5k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 104.8k $1.8m | Reduced -7.0k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 101.6k $1.8m | New |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.04% of their portfolio | 96.0k $1.7m | Reduced -5.4k |
| Brandywine Global Investment Management, LLC 0.01% of their portfolio | 95.7k $1.7m | Reduced -90.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 92.8k $1.6m | Added +1.1k |
| 272 Capital LP 0.57% of their portfolio | 88.7k $1.5m | Unchanged |
| BROWN ADVISORY INC 0.00% of their portfolio | 78.8k $1.4m | Reduced -548.5k |
| Swiss National Bank 0.00% of their portfolio | 73.7k $1.3m | Added +1.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 73.0k $1.3m | Added +6.4k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 70.4k $1.2m | Added +19.4k |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 69.3k $1.2m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio | 67.2k $1.2m | Added +813 |
| CWM, LLC 0.01% of their portfolio | 62.3k $1.1m | Reduced -2.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 58.6k $1.0m | Added +3.1k |
| Inspire Investing, LLC 0.11% of their portfolio | 52.4k $908.7k | Added +8.3k |
| BARCLAYS PLC 0.00% of their portfolio | 50.4k $874.5k | Reduced -6.0k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 47.4k $822.4k | Reduced -1.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 44.3k $811.1k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 42.7k $739.7k | Reduced -340 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 41.0k $710.1k | Reduced -1.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 39.4k $683.0k | Added +8.6k |
| Ziegler Capital Management, LLC 0.03% of their portfolio | 38.9k $674.9k | Reduced -9.2k |
| Vident Investment Advisory, LLC 0.02% of their portfolio | 38.6k $669.2k | Added +6.0k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 37.4k $648.6k | Added +5.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 36.6k $634.0k | Reduced -68.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 36.5k $634.0k | Added +1.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 35.3k $612.8k | Unchanged |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 35.3k $612.6k | Reduced -60.4k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 35.1k $609.5k | Reduced -162.4k |
| Engineers Gate Manager LP 0.02% of their portfolio | 34.3k $594.2k | Reduced -24.2k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.01% of their portfolio | 32.9k $570.6k | New |
| CastleKnight Management LP 0.12% of their portfolio | 32.9k $570.2k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 31.6k $548.5k | Added +15.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 31.1k $539.4k | Added +16.5k |
| Aequim Alternative Investments LP 0.02% of their portfolio | 30.0k $520.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 26.1k $452.9k | Added +15.5k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% of their portfolio | 25.9k $449.1k | New |
| Legal & General Group Plc 0.00% of their portfolio | 25.6k $443.4k | Added +10.7k |
| SALEM INVESTMENT COUNSELORS INC 0.02% of their portfolio | 25.3k $438.6k | Unchanged |
| Gotham Asset Management, LLC 0.01% of their portfolio | 25.2k $436.4k | Reduced -3.4k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 24.9k $432.0k | Added +4.2k |
| New York Life Investment Management LLC 0.00% of their portfolio | 22.5k $390.7k | Reduced -3.9k |
| PDT Partners, LLC 0.05% of their portfolio | 22.5k $390.0k | Added +2.7k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 22.1k $384.0k | Reduced -6.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 22.0k $381.5k | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 21.0k $364.0k | Added +12.5k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 20.2k $350.9k | Reduced -17 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 19.2k $332.4k | Added +6.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 18.9k $326.9k | Unchanged |
| Petrus Trust Company, LTA 0.03% of their portfolio | 17.9k $310.2k | Added +1.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 17.6k $305.2k | Reduced -6.2k |
| ARS Investment Partners, LLC 0.04% of their portfolio | 17.5k $303.4k | Reduced -5.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 16.5k $286.1k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 16.2k $281.0k | Reduced -22 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 15.9k $275.6k | Unchanged |