Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
161 hedge funds and large institutions have $780M invested in Echo Global Logistics, Inc. in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 64 reducing their positions, and 16 closing their positions.
1,009% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $207K
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
14% more capital invested
Capital invested by funds: $684M → $780M (+$96.3M)
8% more funds holding
Funds holding: 149 → 161 (+12)
25% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$8.34M |
| 2 |
BlackRock
New York
|
+$3.95M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.92M |
| 4 |
JP Morgan Chase
New York
|
+$3.59M |
| 5 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$10.3M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.38M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.98M |
| 4 |
Goldman Sachs
New York
|
-$6.8M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$4.04M |
ECHO Hedge Fund Activity: Q1 2021 in Review
161 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q1 2021, worth a combined $780M — up 14% from $684M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ECHO positions and 16 closed out — a net gain of 14 holders — while 48 added to existing stakes and 64 trimmed.
The largest buyer was Granahan Investment Management, opening a new position worth an estimated $8.34M. The largest seller was Bank of New York Mellon, cutting an estimated $10.3M.
- 161 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q1 2021, up from 149 in Q4 2020.
- Funds reported $780M of Echo Global Logistics, Inc. stock for Q1 2021, up 14% quarter-over-quarter.
- 30 funds opened new Echo Global Logistics, Inc. positions in Q1 2021 and 16 closed out, a net change of +14 holders.
- The largest Echo Global Logistics, Inc. buyer in Q1 2021 was Granahan Investment Management, an estimated $8.34M added.
- The largest Echo Global Logistics, Inc. seller in Q1 2021 was Bank of New York Mellon, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2021.