Who Owns DISH?
Updated onExplore the ownership hierarchy of DISH. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
DISH
DISH is a U.S.-based satellite television and connectivity provider offering pay TV, streaming, and wireless services to consumer households nationwide.
Starts at $89.99 / month
EchoStar
EchoStar is a publicly traded U.S. telecommunications company that provides satellite communications, pay-TV, wireless, and broadband internet services through brands such as DISH, Boost Mobile, Sling TV, Hughes, and Hughesnet.
DISH
DISH is a U.S.-based satellite television and connectivity provider offering pay TV, streaming, and wireless services to consumer households nationwide.
Starts at $89.99 / month
EchoStar
EchoStar is a publicly traded U.S. telecommunications company that provides satellite communications, pay-TV, wireless, and broadband internet services through brands such as DISH, Boost Mobile, Sling TV, Hughes, and Hughesnet.
Major Shareholders
DISH
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Charles W. Ergen & affiliated family trusts Controlling shareholder; beneficially owns about 50.5% of EchoStar’s outstanding Class A and Class B shares on an as-converted basis and roughly 87% of total voting power, via direct holdings, spouse Cantey M. Ergen, Telluray Holdings LLC, multiple Ergen SATS GRATs, CONX-related holdings, and other affiliated vehicles, as reported in Schedule 13D/A (Amendment No. 61) filed July 10, 2025 and using dual‑class share counts from the company’s 2024 Form 10‑K. | Founder | 50.5% | 86.9% | Jul 2025 |
BlackRock, Inc. Large passive institutional holder; Schedule 13G/A filed October 3, 2025 discloses beneficial ownership of 16,237,931 EchoStar shares, representing approximately 10.4% of the Class A common stock; actual percentage of total equity is somewhat lower when including high‑vote Class B shares. | Institutional | 10.4% | — | Oct 2025 |
The Vanguard Group, Inc. Passive index/asset‑management investor; Schedule 13G/A (event date March 31, 2025; filed April 30, 2025) reports beneficial ownership of 13,352,197 shares, or about 8.6% of EchoStar’s Class A common stock. | Institutional | 8.6% | — | Mar 2025 |
Dodge & Cox Value‑oriented institutional manager; Schedule 13G/A (event date September 30, 2025; filed November 13, 2025) shows beneficial ownership of 11,791,127 shares, representing roughly 7.5% of EchoStar’s Class A common stock. | Institutional | 7.5% | — | Sep 2025 |
FMR LLC (Fidelity) Active and index funds complex; Schedule 13G/A with event date September 30, 2025 reports FMR LLC (and related reporting persons, including Abigail P. Johnson) beneficially owning approximately 11,027,252 shares, or about 6.8% of EchoStar’s Class A common stock. | Institutional | 6.8% | — | Sep 2025 |
Darsana Capital Partners LP Hedge fund shareholder; Schedule 13G (event date November 14, 2025; filed November 21, 2025) discloses beneficial ownership of 8,350,000 shares, representing roughly 5.3% of EchoStar’s Class A common stock. | Institutional | 5.3% | — | Nov 2025 |
EchoStar
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Ergen family (Charles W. & Cantey M. Ergen and affiliated trusts & entities) Controlling shareholder group consisting of EchoStar’s chairman Charles W. Ergen, his spouse Cantey M. Ergen, the Ergen Family Trust, multiple GRATs and entities such as Telluray Holdings. A June 30, 2025 Schedule 13D/A reports that this group beneficially owns about 143.4 million EchoStar shares (Class A plus super‑voting Class B), representing roughly 50.6% of EchoStar’s common stock on an as‑converted basis and about 86.8% of total voting power, owing to Class B shares carrying 10 votes each. | Family | 50.6% | 86.8% | Jun 2025 |
BlackRock, Inc. Large index and active asset manager. Q3 2025 institutional holdings data show BlackRock funds collectively owning approximately 18.5 million EchoStar shares, about 6.4% of shares outstanding. | Institutional | 6.4% | — | Sep 2025 |
The Vanguard Group, Inc. Major index‑fund provider. Q3 2025 filings indicate Vanguard holds roughly 13.4 million EchoStar shares, or about 4.66% of the company. | Institutional | 4.7% | — | Sep 2025 |
Dodge & Cox Value‑oriented asset manager. As of September 30, 2025, Dodge & Cox reports ownership of about 11.8 million EchoStar shares (~4.1% of shares outstanding). | Institutional | 4.1% | — | Sep 2025 |
Darsana Capital Partners LP / Darsana Master Fund, L.P. Hedge fund investor. A January 2025 Schedule 13G initially disclosed a stake of about 5.3% of the Class A float; Q3 2025 consolidated ownership data show Darsana vehicles holding roughly 7.5 million shares, about 2.61% of EchoStar’s total shares outstanding. | Institutional | 2.6% | — | Sep 2025 |
Diameter Capital Partners LP Credit‑focused hedge fund. Q3 2025 13F data and ownership summaries list Diameter as holding approximately 5.96 million EchoStar shares, or about 2.07% of the company. | Institutional | 2.1% | — | Sep 2025 |
Redwood Capital Management, LLC Event‑driven hedge fund. A June 2025 Schedule 13G showed Redwood with just over 5% of the Class A shares; by a November 17, 2025 Schedule 13G/A this had been trimmed to about 5.6 million shares. Q3 2025 ownership tables translate this to roughly 1.95% of EchoStar’s total shares. | Institutional | 1.9% | — | Sep 2025 |
FMR LLC (Fidelity Investments) Asset manager for Fidelity mutual funds and ETFs. A November 5, 2025 Schedule 13G/A and Q3 2025 holder data indicate FMR beneficially owns about 5.19 million EchoStar shares, or roughly 1.8% of shares outstanding. | Institutional | 1.8% | — | Sep 2025 |
State Street Global Advisors, Inc. Index‑fund arm of State Street. Shareholder tables for the quarter ended September 30, 2025 show State Street Global Advisors with around 5.03 million EchoStar shares, equivalent to about 1.75% of the company. | Institutional | 1.8% | — | Sep 2025 |
Icahn Capital LP (Carl C. Icahn) Investment firm controlled by activist investor Carl C. Icahn. Q3 2025 13F disclosures and subsequent coverage report a new position of roughly 4.35 million EchoStar Class A shares, about 1.5% of shares outstanding. | Institutional | 1.5% | — | Sep 2025 |
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