13F

Position

CSS LLC/IL in Echostar Corp

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $8.9M$3.35$3.58

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202537.8M$126.5M5.6%
Q1 202640.9M$146.6M$3.58$8.9M$11.1M7.0%