Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
142 hedge funds and large institutions have $546M invested in Echo Global Logistics, Inc. in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 52 reducing their positions, and 26 closing their positions.
240% more call options, than puts
Call options by funds: $992K | Put options by funds: $292K
0% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 52
7% less capital invested
Capital invested by funds: $589M → $546M (-$42.6M)
12% less funds holding
Funds holding: 162 → 142 (-20)
50% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$11M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$7.19M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.76M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$5.65M |
| 5 |
BlackRock
New York
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.53M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$4.92M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$4.55M |
| 4 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
-$4.19M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.44M |
ECHO Hedge Fund Activity: Q4 2019 in Review
142 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q4 2019, worth a combined $546M — down 7.2% from $589M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ECHO and 13 opened new positions — a net loss of 13 holders — while 52 trimmed existing stakes and 52 added.
The largest buyer was Bank of America, adding an estimated $11M. The largest seller was Fidelity Investments, cutting an estimated $7.53M.
- 142 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q4 2019, down from 162 in Q3 2019.
- Funds reported $546M of Echo Global Logistics, Inc. stock for Q4 2019, down 7.2% quarter-over-quarter.
- 13 funds opened new Echo Global Logistics, Inc. positions in Q4 2019 and 26 closed out, a net change of -13 holders.
- The largest Echo Global Logistics, Inc. buyer in Q4 2019 was Bank of America, an estimated $11M added.
- The largest Echo Global Logistics, Inc. seller in Q4 2019 was Fidelity Investments, an estimated $7.53M sold.
Based on aggregated 13F filings for Q4 2019.