Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q2 2022 Portfolio in Review

As of Q2 2022, Echo Street Capital Management held 759 positions worth $11B, down 21% from $13.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Echo Street Capital Management withdrew a net $567M in Q2 2022, closing 214 positions and reducing 174 holdings. Its most notable exit was NVIDIA, an estimated $157M position sold in full.

By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 31% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Echo Street Capital Management opened a new position in AvalonBay Communities worth $55.3M.

• Echo Street Capital Management's largest Q2 2022 buy was AvalonBay Communities: 284,900 shares worth $55.3M.
• Echo Street Capital Management added most to Fidelity National Information Services in Q2 2022, an estimated $97.5M increase.
• Echo Street Capital Management's biggest Q2 2022 reduction was Autodesk, cutting an estimated $113M.
• Echo Street Capital Management fully exited NVIDIA in Q2 2022, selling an estimated $157M.
• Echo Street Capital Management's ten largest holdings make up 23% of its $11B portfolio in Q2 2022.
• Echo Street Capital Management opened 161 new positions and closed 214 in Q2 2022.
• Echo Street Capital Management's portfolio value fell 21% quarter-over-quarter to $11B.

Based on Echo Street Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.