13F

Position

Pennant Select, 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 $3.53M$108.70$117.07

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 2025550K$59.8M31.6%
Q1 2026422K$49.4M$117.07$3.53M−$13.9M24.8%