Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
130 hedge funds and large institutions have $493M invested in Echo Global Logistics, Inc. in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
14% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 44
2% more funds holding
Funds holding: 128 → 130 (+2)
1% less capital invested
Capital invested by funds: $497M → $493M (-$4.14M)
13% less call options, than puts
Call options by funds: $209K | Put options by funds: $241K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$24.4M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$13M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$9.42M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$5.42M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$22.9M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$15.5M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$15.3M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$14.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.93M |
ECHO Hedge Fund Activity: Q3 2017 in Review
130 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q3 2017, worth a combined $493M — down 0.83% from $497M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ECHO positions and 21 closed out — a net gain of 4 holders — while 50 added to existing stakes and 44 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $24.4M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $22.9M sold.
- 130 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q3 2017, up from 128 in Q2 2017.
- Funds reported $493M of Echo Global Logistics, Inc. stock for Q3 2017, down 0.83% quarter-over-quarter.
- 25 funds opened new Echo Global Logistics, Inc. positions in Q3 2017 and 21 closed out, a net change of +4 holders.
- The largest Echo Global Logistics, Inc. buyer in Q3 2017 was Scopus Asset Management, an estimated $24.4M added.
- The largest Echo Global Logistics, Inc. seller in Q3 2017 was Wasatch Advisors, an estimated $22.9M sold.
Based on aggregated 13F filings for Q3 2017.