Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q3 2018 Portfolio in Review

As of Q3 2018, Echo Street Capital Management held 199 positions worth $4.51B, up 9.8% from $4.11B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Echo Street Capital Management deployed $178M of net new capital in Q3 2018, opening 37 new positions and adding to 78 existing holdings. Its largest new stake was eBay: 2,047,996 shares worth $67.6M.

By sector, the portfolio is most concentrated in Real Estate at 20% of assets, down from 23% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was Revvity, an estimated $41.3M trimmed.

• Echo Street Capital Management's largest Q3 2018 buy was eBay: 2,047,996 shares worth $67.6M.
• Echo Street Capital Management added most to Microsoft in Q3 2018, an estimated $31.6M increase.
• Echo Street Capital Management's biggest Q3 2018 reduction was Revvity, cutting an estimated $41.3M.
• Echo Street Capital Management fully exited Hilton Worldwide in Q3 2018, selling an estimated $31.6M.
• Echo Street Capital Management's ten largest holdings make up 20% of its $4.51B portfolio in Q3 2018.
• Echo Street Capital Management opened 37 new positions and closed 32 in Q3 2018.
• Echo Street Capital Management's portfolio value rose 9.8% quarter-over-quarter to $4.51B.

Based on Echo Street Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.