Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q3 2014 Portfolio in Review

As of Q3 2014, Echo Street Capital Management held 173 positions worth $1.72B, up 12% from $1.53B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Echo Street Capital Management deployed $230M of net new capital in Q3 2014, opening 37 new positions and adding to 74 existing holdings. Its largest new stake was AutoNation: 622,817 shares worth $31.3M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 22% of assets, down from 26% a quarter earlier, followed by Real Estate and Industrials.

On the sell side, the largest reduction was Brown & Brown, an estimated $21.6M trimmed.

• Echo Street Capital Management's largest Q3 2014 buy was AutoNation: 622,817 shares worth $31.3M.
• Echo Street Capital Management added most to Ametek in Q3 2014, an estimated $22.1M increase.
• Echo Street Capital Management's biggest Q3 2014 reduction was Brown & Brown, cutting an estimated $21.6M.
• Echo Street Capital Management fully exited Procter & Gamble in Q3 2014, selling an estimated $16.9M.
• Echo Street Capital Management's ten largest holdings make up 22% of its $1.72B portfolio in Q3 2014.
• Echo Street Capital Management opened 37 new positions and closed 30 in Q3 2014.
• Echo Street Capital Management's portfolio value rose 12% quarter-over-quarter to $1.72B.

Based on Echo Street Capital Management's 13F filing for Q3 2014, filed 13 Nov 2014.