Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q1 2014 Portfolio in Review

As of Q1 2014, Echo Street Capital Management held 143 positions worth $1.28B, up 26% from $1.02B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Echo Street Capital Management deployed $269M of net new capital in Q1 2014, opening 58 new positions and adding to 39 existing holdings. Its largest new stake was Dun & Bradstreet: 165,596 shares worth $16.5M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 22% of assets, up from 17% a quarter earlier, followed by Real Estate and Financials.

On the sell side, the largest reduction was Equinix, an estimated $22.7M trimmed.

• Echo Street Capital Management's largest Q1 2014 buy was Dun & Bradstreet: 165,596 shares worth $16.5M.
• Echo Street Capital Management added most to LKQ Corp in Q1 2014, an estimated $55.4M increase.
• Echo Street Capital Management's biggest Q1 2014 reduction was Equinix, cutting an estimated $22.7M.
• Echo Street Capital Management fully exited Union Pacific in Q1 2014, selling an estimated $23.8M.
• Echo Street Capital Management's ten largest holdings make up 30% of its $1.28B portfolio in Q1 2014.
• Echo Street Capital Management opened 58 new positions and closed 18 in Q1 2014.
• Echo Street Capital Management's portfolio value rose 26% quarter-over-quarter to $1.28B.

Based on Echo Street Capital Management's 13F filing for Q1 2014, filed 14 May 2014.