Varde Management, L.P. SATS — EchoStar Corp

Ownership history in Varde Management, L.P.  ·  3 quarters on record

AI Ownership Summary

Varde Management, L.P. reported EchoStar Corp (SATS) in 3 quarterly 13F filings from 2025 Q3 through 2026 Q1. Peak portfolio weight reached 59.66% in 2025 Q4. The latest visible filing shows SATS at 35.00% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this SATS ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Varde Management, L.P.'s position in EchoStar Corp, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

SATS was reported at 35.00% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
59.66% in 2025 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q3 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

SATS stock page Varde Management, L.P. fund profile Varde Management, L.P. full holdings
How Varde Management, L.P. held SATS — position size vs. price
% of Fund (quarterly)    SATS price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 3 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 147,400 -58,000 -28.2% 35.00% $17.3M 2026-05-15 $137.23
2025 Q4 ADDED — — — 205,400 +66,200 +47.6% 59.66% $22.3M 2026-02-12 $110.51
2025 Q3 INITIATED — — — 139,200 — — 14.13% $10.6M 2025-11-14 $67.40

🏢 Other funds also holding SATS

As of 2026 Q1 — sorted by position size

Arini Captial Management Ltd 63.75% STONEHILL CAPITAL MANAGEMENT LLC 3Y 7Y 49.34% Attestor Capital Ltd 35.83% REDWOOD CAPITAL MANAGEMENT, LLC 3Y 7Y 27.52% Pennant Select, LLC 24.84% PLUSTICK MANAGEMENT LLC 3Y 22.04% Potomac Capital Management, Inc. 3Y 7Y 20.16% Darsana Capital Partners LP 3Y 7Y 17.45% Benefit Street Partners LLC 3Y 7Y 16.42% Diameter Capital Partners LP 3Y 7Y 16.12%

FAQ About Varde Management, L.P. and SATS

These are the practical questions this page is built to answer before you even open the full history table.

How long has Varde Management, L.P. reported owning SATS?

Varde Management, L.P. reported SATS across 3 quarterly 13F filings, from 2025 Q3 through 2026 Q1.

What was the largest reported SATS position in Varde Management, L.P.'s portfolio?

The largest reported portfolio weight for SATS was 59.66% in 2025 Q4.

What is the latest reported SATS position on this page?

The most recent filing on this page is 2026 Q1, when Varde Management, L.P. reported 147,400 shares, equal to 35.00% of portfolio, with an estimated market value of $17.3M.

What does the chart on this SATS ownership page compare?

The chart compares Varde Management, L.P.'s quarterly SATS portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

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