Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
149 hedge funds and large institutions have $657M invested in Echo Global Logistics, Inc. in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 47 reducing their positions, and 30 closing their positions.
10% more capital invested
Capital invested by funds: $596M → $657M (+$60.9M)
10% more call options, than puts
Call options by funds: $3.72M | Put options by funds: $3.4M
9% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 156 → 149 (-7)
17% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$12.7M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$12.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.19M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$6.41M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
-$14.5M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$10.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$7.98M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$5.05M |
| 5 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$3.39M |
ECHO Hedge Fund Activity: Q4 2016 in Review
149 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q4 2016, worth a combined $657M — up 10% from $596M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ECHO and 25 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 51 added.
The largest buyer was Luminus Management, opening a new position worth an estimated $12.7M. The largest seller was Ascend Capital, exiting entirely with an estimated $14.5M sold.
- 149 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q4 2016, down from 156 in Q3 2016.
- Funds reported $657M of Echo Global Logistics, Inc. stock for Q4 2016, up 10% quarter-over-quarter.
- 25 funds opened new Echo Global Logistics, Inc. positions in Q4 2016 and 30 closed out, a net change of -5 holders.
- The largest Echo Global Logistics, Inc. buyer in Q4 2016 was Luminus Management, an estimated $12.7M added.
- The largest Echo Global Logistics, Inc. seller in Q4 2016 was Ascend Capital, an estimated $14.5M sold.
Based on aggregated 13F filings for Q4 2016.