Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
195 hedge funds and large institutions have $835M invested in Echo Global Logistics, Inc. in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 80 increasing their positions, 59 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
36% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 59
11% more capital invested
Capital invested by funds: $756M → $835M (+$79.7M)
3% more funds holding
Funds holding: 189 → 195 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less call options, than puts
Call options by funds: $3.94M | Put options by funds: $4.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.9M |
| 2 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$15.7M |
| 3 |
BlackRock
New York
|
+$13.3M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$6.66M |
| 5 |
Renaissance Technologies
New York
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$17.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$16.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.67M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$6.64M |
| 5 |
Millennium Management
New York
|
-$4.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
201
Oberweis Asset Management
Lisle,
Illinois
| – | -$408K | -14,800 | Closed |
|
202
Acadian Asset Management
Boston,
Massachusetts
| – | -$363K | -13,176 | Closed |
|
|
KI
203
Koch Industries
Wichita,
Kansas
| – | -$314K | -11,361 | Closed |
|
|
ABC
204
Anchor Bolt Capital
Chicago,
Illinois
| – | -$238K | -8,626 | Closed |
|
|
BCM
205
Bayesian Capital Management
Brooklyn,
New York
| – | -$220K | -7,985 | Closed |
|
|
FQ
206
First Quadrant
Glendale,
California
| – | -$153K | -5,555 | Closed |
|
|
APP
207
Avantax Planning Partners
Dubuque,
Iowa
| – | -$20K | -724 | Closed |
|
|
IWM
208
IHT Wealth Management
Chicago,
Illinois
| – | -$11K | -400 | Closed |
|
|
MAM
209
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -171 | Closed |
|
|
FCAG
210
First Capital Advisors Group
Little Silver,
New Jersey
| – | -$1K | -41 | Closed |
|
ECHO Hedge Fund Activity: Q2 2018 in Review
195 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q2 2018, worth a combined $835M — up 11% from $756M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ECHO positions and 16 closed out — a net gain of 7 holders — while 80 added to existing stakes and 59 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $16.9M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $17.2M sold.
- 195 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q2 2018, up from 189 in Q1 2018.
- Funds reported $835M of Echo Global Logistics, Inc. stock for Q2 2018, up 11% quarter-over-quarter.
- 23 funds opened new Echo Global Logistics, Inc. positions in Q2 2018 and 16 closed out, a net change of +7 holders.
- The largest Echo Global Logistics, Inc. buyer in Q2 2018 was Deutsche Bank, an estimated $16.9M added.
- The largest Echo Global Logistics, Inc. seller in Q2 2018 was Scopus Asset Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2018.