Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
135 hedge funds and large institutions have $560M invested in Echo Global Logistics, Inc. in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 18 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 51
2% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $2.39M
9% less funds holding
Funds holding: 149 → 135 (-14)
15% less capital invested
Capital invested by funds: $657M → $560M (-$96.5M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$79.3M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$16.2M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$12.3M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$8.88M |
| 5 |
SC
ShearLink Capital
New York
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$13.6M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$9.49M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$8.72M |
| 4 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
-$6.01M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$5.56M |
ECHO Hedge Fund Activity: Q1 2017 in Review
135 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q1 2017, worth a combined $560M — down 15% from $657M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ECHO and 11 opened new positions — a net loss of 7 holders — while 51 trimmed existing stakes and 54 added.
The largest buyer was BlackRock, adding an estimated $79.3M. The largest seller was Allianz Asset Management, cutting an estimated $13.6M.
- 135 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q1 2017, down from 149 in Q4 2016.
- Funds reported $560M of Echo Global Logistics, Inc. stock for Q1 2017, down 15% quarter-over-quarter.
- 11 funds opened new Echo Global Logistics, Inc. positions in Q1 2017 and 18 closed out, a net change of -7 holders.
- The largest Echo Global Logistics, Inc. buyer in Q1 2017 was BlackRock, an estimated $79.3M added.
- The largest Echo Global Logistics, Inc. seller in Q1 2017 was Allianz Asset Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2017.