13F

Position

CWM, LLC 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 $175.3K$0.11$117.07

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20251.5K$1630.0%
Q1 20262.04K$238.2K$117.07$175.3K$62.7K0.0%