Echo Street Capital Management Portfolio holdings

Echo Street Capital Management's Q2 2019 Portfolio in Review

As of Q2 2019, Echo Street Capital Management held 201 positions worth $5.67B, up 11% from $5.1B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Echo Street Capital Management deployed $331M of net new capital in Q2 2019, opening 30 new positions and adding to 93 existing holdings. Its largest new stake was Tri Pointe Homes: 3,416,807 shares worth $40.9M.

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

On the sell side, the largest reduction was Choice Hotels, an estimated $56.2M trimmed.

• Echo Street Capital Management's largest Q2 2019 buy was Tri Pointe Homes: 3,416,807 shares worth $40.9M.
• Echo Street Capital Management added most to State Street SPDR S&P 500 ETF Trust in Q2 2019, an estimated $95.1M increase.
• Echo Street Capital Management's biggest Q2 2019 reduction was Choice Hotels, cutting an estimated $56.2M.
• Echo Street Capital Management fully exited eBay in Q2 2019, selling an estimated $32.5M.
• Echo Street Capital Management's ten largest holdings make up 20% of its $5.67B portfolio in Q2 2019.
• Echo Street Capital Management opened 30 new positions and closed 23 in Q2 2019.
• Echo Street Capital Management's portfolio value rose 11% quarter-over-quarter to $5.67B.

Based on Echo Street Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.