25 Stocks Billionaires Are Piling On

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4. DISH Network Corporation (NASDAQ:DISH)

Number of Billionaire Shareholders of DISH (as of June 30): 11

Value of Billionaires’ Holdings in DISH (as of June 30): $678 million

Billionaire money managers kept buying shares of DISH Network Corporation (NASDAQ:DISH) in Q2 even as they slid by 10%, as the value of their collective positions rose to $678 million from $605 million. Ken Griffin’s Citadel Investment raised its position by 382% to 554,686 shares, while Paul Singer’s Elliott Management was even more aggressive, raising its stake by 194% to 2.99 million shares. Much of DISH’s equity value lies in its spectrum assets, which could be worth as much as $30 billion according to Cowen, or more than double the company’s current market cap.

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