Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
161 hedge funds and large institutions have $744M invested in Echo Global Logistics, Inc. in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 62 reducing their positions, and 18 closing their positions.
68% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $1.47M
0% more funds holding
Funds holding: 161 → 161 (0)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
2% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 62
5% less capital invested
Capital invested by funds: $780M → $744M (-$36.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$10.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.17M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.45M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.36M |
| 5 |
Morgan Stanley
New York
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$9.01M |
| 2 |
Goldman Sachs
New York
|
-$7.52M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.36M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$3.98M |
| 5 |
Renaissance Technologies
New York
|
-$3.66M |
ECHO Hedge Fund Activity: Q2 2021 in Review
161 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q2 2021, worth a combined $744M — down 4.6% from $780M a quarter earlier.
Fund positioning in ECHO was balanced in Q2 2021: 18 funds opened new positions, 18 closed out, 61 added to existing stakes and 62 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $10.1M. The largest seller was Russell Investments Group, cutting an estimated $9.01M.
- 161 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $744M of Echo Global Logistics, Inc. stock for Q2 2021, down 4.6% quarter-over-quarter.
- 18 funds opened new Echo Global Logistics, Inc. positions in Q2 2021 and 18 closed out, a net change of 0 holders.
- The largest Echo Global Logistics, Inc. buyer in Q2 2021 was JP Morgan Chase, an estimated $10.1M added.
- The largest Echo Global Logistics, Inc. seller in Q2 2021 was Russell Investments Group, an estimated $9.01M sold.
Based on aggregated 13F filings for Q2 2021.