Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q2 2016 Portfolio in Review

As of Q2 2016, Echo Street Capital Management held 182 positions worth $2.39B, up 24% from $1.92B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Echo Street Capital Management deployed $390M of net new capital in Q2 2016, opening 28 new positions and adding to 81 existing holdings. Its largest new stake was Vanguard Real Estate ETF: 423,888 shares worth $37.6M.

By sector, the portfolio is most concentrated in Real Estate at 24% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Industrials.

On the sell side, the largest reduction was Crown Castle, an estimated $25.9M trimmed.

• Echo Street Capital Management's largest Q2 2016 buy was Vanguard Real Estate ETF: 423,888 shares worth $37.6M.
• Echo Street Capital Management added most to Stericycle Inc in Q2 2016, an estimated $45.4M increase.
• Echo Street Capital Management's biggest Q2 2016 reduction was Crown Castle, cutting an estimated $25.9M.
• Echo Street Capital Management fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $18.8M.
• Echo Street Capital Management's ten largest holdings make up 24% of its $2.39B portfolio in Q2 2016.
• Echo Street Capital Management opened 28 new positions and closed 30 in Q2 2016.
• Echo Street Capital Management's portfolio value rose 24% quarter-over-quarter to $2.39B.

Based on Echo Street Capital Management's 13F filing for Q2 2016, filed 15 Aug 2016.