Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q4 2013 Portfolio in Review

As of Q4 2013, Echo Street Capital Management held 99 positions worth $1.02B, up 30% from $787M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Echo Street Capital Management deployed $170M of net new capital in Q4 2013, opening 37 new positions and adding to 19 existing holdings. Its largest new stake was Zoetis: 810,956 shares worth $26.5M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 17% of assets, down from 20% a quarter earlier, followed by Industrials and Real Estate.

On the sell side, the largest reduction was Crown Holdings, an estimated $32M trimmed.

• Echo Street Capital Management's largest Q4 2013 buy was Zoetis: 810,956 shares worth $26.5M.
• Echo Street Capital Management added most to Roper Technologies in Q4 2013, an estimated $14.9M increase.
• Echo Street Capital Management's biggest Q4 2013 reduction was Crown Holdings, cutting an estimated $32M.
• Echo Street Capital Management fully exited Henry Schein in Q4 2013, selling an estimated $11.7M.
• Echo Street Capital Management's ten largest holdings make up 33% of its $1.02B portfolio in Q4 2013.
• Echo Street Capital Management opened 37 new positions and closed 14 in Q4 2013.
• Echo Street Capital Management's portfolio value rose 30% quarter-over-quarter to $1.02B.

Based on Echo Street Capital Management's 13F filing for Q4 2013, filed 13 Feb 2014.