Question 1

Does Twin Tree Management own ECHO stock?

Accepted Answer

No. Twin Tree Management exited its ECHO (EchoStar) position in Q4 2025. Its Q3 2025 13F listed 55,300 shares worth $4.2M.

Question 2

How many shares of ECHO does Twin Tree Management own?

Accepted Answer

None since Q4 2025, when Twin Tree Management exited the position. Its Q3 2025 13F listed 55,300 shares worth $4.2M.

Question 3

What is Twin Tree Management's ECHO position worth?

Accepted Answer

Twin Tree Management's ECHO position was worth $4.2M in its Q3 2025 13F, before the exit in Q4 2025.

Question 4

Is Twin Tree Management buying or selling ECHO?

Accepted Answer

In Q4 2025, Twin Tree Management exited its entire ECHO position.

Question 5

When did Twin Tree Management first buy ECHO?

Accepted Answer

Twin Tree Management first reported ECHO in its Q4 2019 13F and listed it in 8 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q4 Latest	Exited	0	-100.0%	$0	0.0%	$108.70	0
2025-Q3	Decreased	55,300	-2.9%	$4.2M	0.0%	$76.36	0
2025-Q2	Increased	56,932	+282.9%	$1.6M	0.0%	$27.70	41
2025-Q1	New	14,870	—	$380,375	0.0%	$25.58	33
2024-Q4	Exited	0	-100.0%	$0	0.0%	$22.90	0
2024-Q3	New	47,119	—	$1.2M	0.0%	$24.82	35