Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q1 2023 Portfolio in Review

As of Q1 2023, Echo Street Capital Management held 628 positions worth $11.1B, up 7.6% from $10.3B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Echo Street Capital Management's Q1 2023 filing shows 156 new, 137 increased, 176 reduced and 156 closed positions. Its largest new stake was Meritage Homes: 1,316,570 shares worth $76.9M. The largest sale was Charles Schwab, an estimated $161M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 26% a quarter earlier, followed by Healthcare and Financials.

• Echo Street Capital Management's largest Q1 2023 buy was Meritage Homes: 1,316,570 shares worth $76.9M.
• Echo Street Capital Management added most to Linde in Q1 2023, an estimated $245M increase.
• Echo Street Capital Management's biggest Q1 2023 reduction was Charles Schwab, cutting an estimated $161M.
• Echo Street Capital Management fully exited Duck Creek Technologies, Inc. Common Stock in Q1 2023, selling an estimated $111M.
• Echo Street Capital Management's ten largest holdings make up 33% of its $11.1B portfolio in Q1 2023.
• Echo Street Capital Management opened 156 new positions and closed 156 in Q1 2023.
• Echo Street Capital Management's portfolio value rose 7.6% quarter-over-quarter to $11.1B.

Based on Echo Street Capital Management's 13F filing for Q1 2023, filed 15 May 2023.