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ESCM
Echo Street Capital Management Portfolio holdings
AUM
$747M
1-Year Est. Return
24.25%
This Fund
S&P 500
This Quarter
Est. Return
-4.72%
1 Year Est. Return
+24.25%
3 Year Est. Return
+17.69%
5 Year Est. Return
+119.95%
10 Year Est. Return
+163.01%
AUM
$10.7B
AUM Growth
-$938M
(-8%)
Cap. Flow
-$367M
Cap. Flow
% of AUM
-3.42%
Top 10 Holdings %
Top 10 Hldgs %
37.45%
Holding
607
New
163
Increased
142
Reduced
139
Closed
157
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$186M |
| 2 |
Cadence Design Systems
CDNS
|
+$127M |
| 3 |
Microsoft
MSFT
|
+$122M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$118M |
| 5 |
Lennar Class A
LEN
|
+$98.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRSH
Marsh
MRSH
|
+$152M |
| 2 |
AppFolio
APPF
|
+$137M |
| 3 |
S&P Global
SPGI
|
+$133M |
| 4 |
VeriSign
VRSN
|
+$108M |
| 5 |
Revvity
RVTY
|
+$106M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 40.05% |
| 2 | Financials | 17.01% |
| 3 | Healthcare | 12.37% |
| 4 | Real Estate | 9.61% |
| 5 | Industrials | 4.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Digital Realty Trust
DLR
$70.6B
| $290K | ﹤0.01% |
+2,399
| New | +$295K |
|
377
Western Union
WU
$2.2B
| $288K | ﹤0.01% |
21,855
-147,649
| -87% | -$1.81M |
|
378
W.W. Grainger
GWW
$61.3B
| $286K | ﹤0.01% |
413
-320
| -44% | -$231K |
|
379
Infosys
INFY
$51B
| $286K | ﹤0.01% |
16,697
-302,693
| -95% | -$5.16M |
|
380
United Therapeutics
UTHR
$22.1B
| $286K | ﹤0.01% |
+1,264
| New | +$291K |
|
381
Leggett & Platt
LEG
$1.3B
| $285K | ﹤0.01% |
11,217
-22,878
| -67% | -$643K |
|
|
GRMN
382
Garmin
GRMN
$59.7B
| $282K | ﹤0.01% |
2,682
-1,936
| -42% | -$204K |
|
383
CBRE Group
CBRE
$42.7B
| $279K | ﹤0.01% |
3,773
-1,875
| -33% | -$155K |
|
384
Bio-Techne
TECH
$11.2B
| $278K | ﹤0.01% |
+4,090
| New | +$323K |
|
385
Public Service Enterprise Group
PEG
$37.5B
| $278K | ﹤0.01% |
+4,888
| New | +$300K |
|
386
WillScot Mobile Mini Holdings
WSC
$4.15B
| $277K | ﹤0.01% |
6,656
-5,261
| -44% | -$232K |
|
387
Cognex
CGNX
$10.6B
| $276K | ﹤0.01% |
6,500
-2,423
| -27% | -$119K |
|
388
Huntsman Corp
HUN
$1.83B
| $276K | ﹤0.01% |
11,293
-11,627
| -51% | -$315K |
|
389
Deckers Outdoor
DECK
$12.8B
| $275K | ﹤0.01% |
+3,204
| New | +$287K |
|
|
DFS
390
DELISTED
Discover Financial Services
DFS
| $273K | ﹤0.01% |
+3,146
| New | +$312K |
|
391
Pinterest
PINS
$13.4B
| $266K | ﹤0.01% |
+9,854
| New | +$269K |
|
392
Kroger
KR
$34.5B
| $262K | ﹤0.01% |
+5,844
| New | +$275K |
|
393
TransDigm Group
TDG
$68.7B
| $259K | ﹤0.01% |
307
+29
| +10% | +$25.4K |
|
394
Cognizant
CTSH
$26.4B
| $259K | ﹤0.01% |
+3,819
| New | +$264K |
|
395
Equitable Holdings
EQH
$14B
| $258K | ﹤0.01% |
+9,071
| New | +$256K |
|
396
Capital One
COF
$134B
| $257K | ﹤0.01% |
+2,645
| New | +$283K |
|
397
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $250K | ﹤0.01% |
+3,046
| New | +$261K |
|
398
Unity
U
$19.3B
| $248K | ﹤0.01% |
+7,892
| New | +$304K |
|
399
Dell
DELL
$285B
| $247K | ﹤0.01% |
3,581
-2,119
| -37% | -$126K |
|
400
State Street Financial Select Sector SPDR ETF
XLF
$59B
| $247K | ﹤0.01% |
+7,433
| New | +$256K |
|
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SGCIA
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FAAM
RCG
Echo Street Capital Management's Q3 2023 Portfolio in Review
As of Q3 2023, Echo Street Capital Management held 607 positions worth $10.7B, down 8% from $11.7B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Echo Street Capital Management withdrew a net $367M in Q3 2023, closing 157 positions and reducing 139 holdings. Its most notable exit was Revvity, an estimated $106M position sold in full.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 37% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Echo Street Capital Management opened a new position in American Tower worth $53.2M.
- Echo Street Capital Management's largest Q3 2023 buy was American Tower: 323,755 shares worth $53.2M.
- Echo Street Capital Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $186M increase.
- Echo Street Capital Management's biggest Q3 2023 reduction was Marsh, cutting an estimated $152M.
- Echo Street Capital Management fully exited Revvity in Q3 2023, selling an estimated $106M.
- Echo Street Capital Management's ten largest holdings make up 37% of its $10.7B portfolio in Q3 2023.
- Echo Street Capital Management opened 163 new positions and closed 157 in Q3 2023.
- Echo Street Capital Management's portfolio value fell 8% quarter-over-quarter to $10.7B.
Based on Echo Street Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.