Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q3 2022 Portfolio in Review

As of Q3 2022, Echo Street Capital Management held 722 positions worth $10.4B, down 5.3% from $11B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Echo Street Capital Management's Q3 2022 filing shows 175 new, 170 increased, 154 reduced and 184 closed positions. Its largest new stake was Equinix: 174,724 shares worth $99.4M. The largest sale was Avalara, Inc., an estimated $174M.

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

• Echo Street Capital Management's largest Q3 2022 buy was Equinix: 174,724 shares worth $99.4M.
• Echo Street Capital Management added most to Microsoft in Q3 2022, an estimated $148M increase.
• Echo Street Capital Management's biggest Q3 2022 reduction was Old Dominion Freight Line, cutting an estimated $90.8M.
• Echo Street Capital Management fully exited Avalara, Inc. in Q3 2022, selling an estimated $174M.
• Echo Street Capital Management's ten largest holdings make up 26% of its $10.4B portfolio in Q3 2022.
• Echo Street Capital Management opened 175 new positions and closed 184 in Q3 2022.
• Echo Street Capital Management's portfolio value fell 5.3% quarter-over-quarter to $10.4B.

Based on Echo Street Capital Management's 13F filing for Q3 2022, filed 14 Nov 2022.