Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
162 hedge funds and large institutions have $589M invested in Echo Global Logistics, Inc. in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 66 reducing their positions, and 20 closing their positions.
376% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $305K
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
6% more capital invested
Capital invested by funds: $554M → $589M (+$34.3M)
3% more funds holding
Funds holding: 158 → 162 (+4)
24% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$7.85M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$4.48M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.08M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.13M |
| 5 |
Renaissance Technologies
New York
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.7M |
| 2 |
AAM
AMI Asset Management
Los Angeles,
California
|
-$9.53M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$8.77M |
| 4 |
Millennium Management
New York
|
-$3.39M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$2.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Group One Trading
Chicago,
Illinois
| – | -$44.1K | -2,136 | Closed |
|
|
QT
177
Quantbot Technologies
New York
| – | -$8K | -400 | Closed |
|
|
CG
178
Cutler Group
San Francisco,
California
| – | -$5.78K | -280 | Closed |
|
|
PCP
179
Proficio Capital Partners
Newton,
Massachusetts
| – | -$5K | -217 | Closed |
|
|
TL
180
TrueWealth LLC
Atlanta,
Georgia
| – | -$3K | -144 | Closed |
|
|
PHK
181
Point72 Hong Kong
Hong Kong
| – | -$1K | -65 | Closed |
|
ECHO Hedge Fund Activity: Q3 2019 in Review
162 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q3 2019, worth a combined $589M — up 6.2% from $554M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ECHO positions and 20 closed out — a net gain of 4 holders — while 50 added to existing stakes and 66 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $7.85M. The largest seller was Morgan Stanley, cutting an estimated $10.7M.
- 162 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q3 2019, up from 158 in Q2 2019.
- Funds reported $589M of Echo Global Logistics, Inc. stock for Q3 2019, up 6.2% quarter-over-quarter.
- 24 funds opened new Echo Global Logistics, Inc. positions in Q3 2019 and 20 closed out, a net change of +4 holders.
- The largest Echo Global Logistics, Inc. buyer in Q3 2019 was Hood River Capital Management, an estimated $7.85M added.
- The largest Echo Global Logistics, Inc. seller in Q3 2019 was Morgan Stanley, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2019.