Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q4 2022 Portfolio in Review

As of Q4 2022, Echo Street Capital Management held 719 positions worth $10.3B, down 1.1% from $10.4B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Echo Street Capital Management withdrew a net $843M in Q4 2022, closing 244 positions and reducing 136 holdings. Its most notable exit was TSMC, an estimated $91.8M position sold in full.

By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 27% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Echo Street Capital Management opened a new position in Fortive worth $58M.

• Echo Street Capital Management's largest Q4 2022 buy was Fortive: 1,197,977 shares worth $58M.
• Echo Street Capital Management added most to UnitedHealth in Q4 2022, an estimated $149M increase.
• Echo Street Capital Management's biggest Q4 2022 reduction was Global Payments, cutting an estimated $151M.
• Echo Street Capital Management fully exited TSMC in Q4 2022, selling an estimated $91.8M.
• Echo Street Capital Management's ten largest holdings make up 29% of its $10.3B portfolio in Q4 2022.
• Echo Street Capital Management opened 181 new positions and closed 244 in Q4 2022.
• Echo Street Capital Management's portfolio value fell 1.1% quarter-over-quarter to $10.3B.

Based on Echo Street Capital Management's 13F filing for Q4 2022, filed 14 Feb 2023.