Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
169 hedge funds and large institutions have $777M invested in Echo Global Logistics, Inc. in 2017 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 38 increasing their positions, 68 reducing their positions, and 10 closing their positions.
390% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 10
58% more capital invested
Capital invested by funds: $493M → $777M (+$284M)
53% more call options, than puts
Call options by funds: $6.3M | Put options by funds: $4.13M
30% more funds holding
Funds holding: 130 → 169 (+39)
44% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$19.5M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$13.5M |
| 3 |
TA
Teachers Advisors
New York
|
+$13M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$11.6M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$8.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$30.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$14M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$12.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.93M |
| 5 |
Lazard Asset Management
New York
|
-$6.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
176
Menta Capital
San Francisco,
California
| – | -$223K | -11,810 | Closed |
|
|
OAM
177
Oppenheimer Asset Management
New York
| – | -$89K | -4,717 | Closed |
|
178
Simplex Trading
Chicago,
Illinois
| – | -$66.9K | -2,789 | Closed |
|
|
GWS
179
Glassman Wealth Services
Vienna,
Virginia
| – | +$240 | +10 | New |
|
ECHO Hedge Fund Activity: Q4 2017 in Review
169 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q4 2017, worth a combined $777M — up 58% from $493M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new ECHO positions and 10 closed out — a net gain of 39 holders — while 38 added to existing stakes and 68 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $19.5M. The largest seller was Luminus Management, exiting entirely with an estimated $30.6M sold.
- 169 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q4 2017, up from 130 in Q3 2017.
- Funds reported $777M of Echo Global Logistics, Inc. stock for Q4 2017, up 58% quarter-over-quarter.
- 49 funds opened new Echo Global Logistics, Inc. positions in Q4 2017 and 10 closed out, a net change of +39 holders.
- The largest Echo Global Logistics, Inc. buyer in Q4 2017 was Park West Asset Management, an estimated $19.5M added.
- The largest Echo Global Logistics, Inc. seller in Q4 2017 was Luminus Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q4 2017.