Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
149 hedge funds and large institutions have $684M invested in Echo Global Logistics, Inc. in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 58 reducing their positions, and 16 closing their positions.
5% more capital invested
Capital invested by funds: $654M → $684M (+$30.2M)
1% less funds holding
Funds holding: 150 → 149 (-1)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
9% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 58
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
|
+$11.4M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.04M |
| 3 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$3.78M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$2.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.87M |
| 2 |
JP Morgan Chase
New York
|
-$3.87M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.35M |
| 4 |
Goldman Sachs
New York
|
-$3.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
151
Trexquant Investment
Stamford,
Connecticut
| – | -$417K | -16,180 | Closed |
|
152
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$357K | -13,856 | Closed |
|
|
PP
153
Paloma Partners
Greenwich,
Connecticut
| – | -$336K | -13,012 | Closed |
|
|
GC
154
Guggenheim Capital
Chicago,
Illinois
| – | -$270K | -10,482 | Closed |
|
|
DTL
155
Dynamic Technology Lab
Singapore
| – | -$241K | -9,363 | Closed |
|
|
DCM
156
Dupont Capital Management
Wilmington,
Delaware
| – | -$232K | -9,000 | Closed |
|
|
CIM
157
CIM Investment Management
Pittsburgh,
Pennsylvania
| – | -$229K | -8,899 | Closed |
|
|
GT
158
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$62K | -2,414 | Closed |
|
159
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$35K | -1,350 | Closed |
|
160
Rockefeller Capital Management
New York
| – | -$9K | -367 | Closed |
|
|
SFS
161
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$8K | -300 | Closed |
|
|
TWA
162
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -105 | Closed |
|
|
PFWA
163
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| – | -$1K | -39 | Closed |
|
ECHO Hedge Fund Activity: Q4 2020 in Review
149 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q4 2020, worth a combined $684M — up 4.6% from $654M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ECHO and 15 opened new positions — a net loss of 1 holder — while 58 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $11.4M. The largest seller was Driehaus Capital Management, cutting an estimated $4.87M.
- 149 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q4 2020, down from 150 in Q3 2020.
- Funds reported $684M of Echo Global Logistics, Inc. stock for Q4 2020, up 4.6% quarter-over-quarter.
- 15 funds opened new Echo Global Logistics, Inc. positions in Q4 2020 and 16 closed out, a net change of -1 holder.
- The largest Echo Global Logistics, Inc. buyer in Q4 2020 was BlackRock, an estimated $11.4M added.
- The largest Echo Global Logistics, Inc. seller in Q4 2020 was Driehaus Capital Management, an estimated $4.87M sold.
Based on aggregated 13F filings for Q4 2020.