Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
213 hedge funds and large institutions have $917M invested in Echo Global Logistics, Inc. in 2018 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 26 closing their positions.
239% more call options, than puts
Call options by funds: $5.48M | Put options by funds: $1.61M
73% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 26
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
10% more capital invested
Capital invested by funds: $835M → $917M (+$81.2M)
9% more funds holding
Funds holding: 195 → 213 (+18)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$45.1M |
| 2 |
Goldman Sachs
New York
|
+$14.1M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$11.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$13.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$13.7M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$12.7M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$8.42M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$8.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
226
HBK Investments
Dallas,
Texas
| – | -$343K | -11,717 | Closed |
|
|
CCIA
227
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$331K | -11,300 | Closed |
|
|
EMG
228
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$322K | -11,000 | Closed |
|
229
Wolverine Trading
Chicago,
Illinois
| – | -$230K | -8,333 | Closed |
|
230
Tudor Investment Corp
Stamford,
Connecticut
| – | -$211K | -7,214 | Closed |
|
231
Simplex Trading
Chicago,
Illinois
| – | -$162K | -4,972 | Closed |
|
232
Walleye Trading
New York
| – | -$158K | -4,846 | Closed |
|
|
PMFA
233
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$18K | -600 | Closed |
|
234
Envestnet Asset Management
Chicago,
Illinois
| – | -$17K | -574 | Closed |
|
|
PCM
235
Prelude Capital Management
New York
| – | -$15.7K | -483 | Closed |
|
|
GT
236
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$13K | -456 | Closed |
|
237
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$10K | -350 | Closed |
|
|
CAG
238
Csenge Advisory Group
Clearwater,
Florida
| – | +$195 | +6 | New |
|
ECHO Hedge Fund Activity: Q3 2018 in Review
213 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q3 2018, worth a combined $917M — up 9.7% from $835M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ECHO positions and 26 closed out — a net gain of 19 holders — while 79 added to existing stakes and 64 trimmed.
The largest buyer was Aberdeen Group, opening a new position worth an estimated $45.1M. The largest seller was Granahan Investment Management, cutting an estimated $13.9M.
- 213 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q3 2018, up from 195 in Q2 2018.
- Funds reported $917M of Echo Global Logistics, Inc. stock for Q3 2018, up 9.7% quarter-over-quarter.
- 45 funds opened new Echo Global Logistics, Inc. positions in Q3 2018 and 26 closed out, a net change of +19 holders.
- The largest Echo Global Logistics, Inc. buyer in Q3 2018 was Aberdeen Group, an estimated $45.1M added.
- The largest Echo Global Logistics, Inc. seller in Q3 2018 was Granahan Investment Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2018.