Rokos Capital Management 13F: Adds $62M to EchoStar (SATS) Stake

Rokos Capital Management Expands EchoStar Corporation Stake

Rokos Capital Management boosted its position in EchoStar Corporation SATS, adding a substantial block of shares during the period according to its latest Form 13F filing with the U.S. Securities and Exchange Commission. This filing reflects holdings as of the reporting date and may not represent the fund's current position today. The fund lifted its investment significantly, showing a strong appetite for the telecom provider as shares shifted hands.

Inside the 175.6% Share Increase

The fund added 609,390 shares during the period, marking a 175.6% increase from its previous holding of 347,097 shares. That brought Rokos Capital Management's total stake to 956,487 shares. Based on the reported cost basis of $104.52 per share, the total value of the position sits at approximately $97.1 million. Note that 13F filings are backward-looking snapshots that capture holdings only at the end of the reporting quarter.

EchoStar Stock Performance and Market Position

EchoStar Corporation shares change hands around $101.50. The stock has seen considerable swings over the past year, moving between a 52-week low of $26.04 and a peak of $147.25. Its 50-day moving average rests at $120.54, while the 200-day moving average sits closer to $105.23. The company carries a market capitalization of roughly $29.4 billion.

Earnings and Financial Snapshot

The company generated $14.8 billion in trailing revenue, though revenue dipped 5.2% over the period. Because the company posted a negative earnings per share of $50.21 and a net margin of -97.6%, it does not have a meaningful positive P/E ratio. Its return on equity stands at -1.1%, reflecting ongoing profitability challenges as the business invests in its wireless and broadband segments. EchoStar is scheduled to report its next round of earnings on July 30, 2026, which will offer fresh details on its financial progress.

What EchoStar Corporation Does

EchoStar Corporation provides pay-TV, satellite broadband, and wireless communication services across the Americas and other global markets. The company sells its consumer offerings under well-known brands like Boost Mobile, DISH, Sling, and Hughesnet, while also operating a growing 5G network deployment business. Founded in 1980 and headquartered in Englewood, Colorado, the firm employs over 12,000 people to support its satellite and ground network infrastructure.

Looking Ahead After the Filing

Investors tracking Rokos Capital Management will look to future quarterly disclosures to see if the fund continues building its position in the telecom space. For now, the large addition highlights a notable bet on the company's multi-transport and wireless strategy. Observers will also keep an eye on the upcoming earnings report in late July for updates on profitability and network expansion.