Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
155 hedge funds and large institutions have $562M invested in Echo Global Logistics, Inc. in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 52 reducing their positions, and 33 closing their positions.
142% more call options, than puts
Call options by funds: $4.7M | Put options by funds: $1.94M
25% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 52
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 173 → 155 (-18)
19% less capital invested
Capital invested by funds: $696M → $562M (-$134M)
45% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
+$19.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10M |
| 3 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$6.66M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$6.35M |
| 5 |
KCP
KDI Capital Partners
Raleigh,
North Carolina
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$49.7M |
| 2 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
-$8.29M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$8.15M |
| 4 |
RA
Royce & Associates
New York
|
-$5.62M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$4.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
176
Profund Advisors
Bethesda,
Maryland
| – | -$215K | -7,924 | Closed |
|
|
AAP
177
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$204K | -7,500 | Closed |
|
|
CSS
178
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$174K | -6,408 | Closed |
|
|
HNB
179
Huntington National Bank
Columbus,
Ohio
| – | -$109K | -3,995 | Closed |
|
|
FMA
180
FNY Managed Accounts
New York
| – | -$81.5K | -3,000 | Closed |
|
|
PFBT
181
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$52K | -1,902 | Closed |
|
182
Group One Trading
Chicago,
Illinois
| – | -$18.4K | -778 | Closed |
|
|
WA
183
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$10K | -359 | Closed |
|
|
CFA
184
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$6K | -232 | Closed |
|
|
QCG
185
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$4K | -218 | Closed |
|
186
Bessemer Group
Woodbridge,
New Jersey
| – | -$5K | -176 | Closed |
|
|
VCM
187
Versant Capital Management
Phoenix,
Arizona
| – | -$2K | -106 | Closed |
|
|
QI
188
QS Investors
New York
| – | -$1K | -9 | Closed |
|
ECHO Hedge Fund Activity: Q2 2016 in Review
155 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q2 2016, worth a combined $562M — down 19% from $696M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ECHO and 18 opened new positions — a net loss of 15 holders — while 52 trimmed existing stakes and 65 added.
The largest buyer was Ascend Capital, adding an estimated $19.2M. The largest seller was Riverbridge Partners, exiting entirely with an estimated $49.7M sold.
- 155 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q2 2016, down from 173 in Q1 2016.
- Funds reported $562M of Echo Global Logistics, Inc. stock for Q2 2016, down 19% quarter-over-quarter.
- 18 funds opened new Echo Global Logistics, Inc. positions in Q2 2016 and 33 closed out, a net change of -15 holders.
- The largest Echo Global Logistics, Inc. buyer in Q2 2016 was Ascend Capital, an estimated $19.2M added.
- The largest Echo Global Logistics, Inc. seller in Q2 2016 was Riverbridge Partners, an estimated $49.7M sold.
Based on aggregated 13F filings for Q2 2016.