Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q2 2023 Portfolio in Review

As of Q2 2023, Echo Street Capital Management held 638 positions worth $11.7B, up 5.1% from $11.1B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Echo Street Capital Management's Q2 2023 filing shows 165 new, 140 increased, 134 reduced and 194 closed positions. Its largest new stake was Fiserv Inc: 2,017,082 shares worth $254M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $233M.

By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.

• Echo Street Capital Management's largest Q2 2023 buy was Fiserv Inc: 2,017,082 shares worth $254M.
• Echo Street Capital Management added most to Marsh in Q2 2023, an estimated $211M increase.
• Echo Street Capital Management's biggest Q2 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $233M.
• Echo Street Capital Management fully exited Intercontinental Exchange in Q2 2023, selling an estimated $116M.
• Echo Street Capital Management's ten largest holdings make up 37% of its $11.7B portfolio in Q2 2023.
• Echo Street Capital Management opened 165 new positions and closed 194 in Q2 2023.
• Echo Street Capital Management's portfolio value rose 5.1% quarter-over-quarter to $11.7B.

Based on Echo Street Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.