Holders over time
- ECHO
- TMUS
| Quarter | ECHO | TMUS |
|---|---|---|
| Q3 2020 | 3 holders, $115m | 39 holders, $17.6bn |
| Q4 2020 | 5 holders, $105m | 37 holders, $19.6bn |
| Q1 2021 | 5 holders, $92m | 39 holders, $17.7bn |
| Q2 2021 | 4 holders, $110m | 32 holders, $21.2bn |
| Q3 2021 | 4 holders, $104m | 37 holders, $18.5bn |
| Q4 2021 | 4 holders, $79m | 37 holders, $15.7bn |
| Q1 2022 | 5 holders, $65m | 36 holders, $16.9bn |
| Q2 2022 | 4 holders, $53m | 42 holders, $18.3bn |
| Q3 2022 | 4 holders, $45m | 40 holders, $16.7bn |
| Q4 2022 | 3 holders, $13m | 38 holders, $15.5bn |
| Q1 2023 | 4 holders, $18m | 38 holders, $17.7bn |
| Q2 2023 | 3 holders, $17m | 39 holders, $18.1bn |
| Q3 2023 | 4 holders, $37m | 41 holders, $17.4bn |
| Q4 2023 | 5 holders, $44m | 34 holders, $17.1bn |
| Q1 2024 | 3 holders, $205m | 29 holders, $16.7bn |
| Q2 2024 | 3 holders, $293m | 30 holders, $17.8bn |
| Q3 2024 | 4 holders, $404m | 26 holders, $19.7bn |
| Q4 2024 | 6 holders, $342m | 29 holders, $18.8bn |
| Q1 2025 | 5 holders, $374m | 36 holders, $21.5bn |
| Q2 2025 | 4 holders, $407m | 35 holders, $21.1bn |
| Q3 2025 | 14 holders, $1.6bn | 42 holders, $23.1bn |
| Q4 2025 | 18 holders, $2.8bn | 32 holders, $26.7bn |
| Q1 2026 | 26 holders, $3.8bn | 42 holders, $28.3bn |
| Q2 2026 | 16 holders, $2.4bn | 36 holders, $19.4bn |
Echostar Corp
- Holders
- 18
- Reported value
- $2.8bn
- Buyers
- 26
- Sellers
- 16
Breadth +10 among 92 comparable managers.
T-mobile US Inc
- Holders
- 32
- Reported value
- $26.7bn
- Buyers
- 21
- Sellers
- 23
Breadth -2 among 92 comparable managers.
Who holds both, Q4 2025
Both (7)
Davidson Kempner Capital Management LP, Dodge & Cox, Fidelity (FMR LLC), GAMCO Investors Inc, Hudson Bay Capital Management LP, Man Group PLC, Marshall Wace LLP
Only ECHO (11)
Balyasny Asset Management LLC, Carl C. Icahn, D1 Capital Partners LP, Discovery Capital Management LLC, ExodusPoint Capital Management LP, Holocene Advisors LP, Point72 Asset Management LP, Rokos Capital Management LLP, Sachem Head Capital Management LP, Steadfast Capital Management LP, Winton Group Ltd
Only TMUS (25)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Bridgewater Associates LP, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, PDT Partners LLC, Renaissance Technologies LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Two Sigma Advisers LP, Two Sigma Investments LP, Viking Global Investors LP, Walleye Capital LLC, Wellington Management Group LLP
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.