Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
183 hedge funds and large institutions have $683M invested in Echo Global Logistics, Inc. in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 62 increasing their positions, 75 reducing their positions, and 28 closing their positions.
101% more call options, than puts
Call options by funds: $6.01M | Put options by funds: $2.99M
22% more capital invested
Capital invested by funds: $559M → $683M (+$124M)
6% less funds holding
Funds holding: 195 → 183 (-12)
17% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 75
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 2 |
JP Morgan Chase
New York
|
+$9.17M |
| 3 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$3M |
| 4 |
Lazard Asset Management
New York
|
+$2.8M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.39M |
| 2 |
Renaissance Technologies
New York
|
-$4.59M |
| 3 |
BlackRock
New York
|
-$3.88M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$3.45M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
201
Origin Asset Management
London,
United Kingdom
| – | -$239K | -11,763 | Closed |
|
|
GCP
202
GSA Capital Partners
London,
United Kingdom
| – | -$229K | -11,269 | Closed |
|
203
Wellington Management Group
Boston,
Massachusetts
| – | -$225K | -11,064 | Closed |
|
204
Balyasny Asset Management
Chicago,
Illinois
| – | -$206K | -10,131 | Closed |
|
|
UFF
205
USA Financial Formulas
Ada,
Michigan
| – | -$200K | -6,465 | Closed |
|
|
QT
206
Quantamental Technologies
White Plains,
New York
| – | -$41K | -2,001 | Closed |
|
207
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$16K | -800 | Closed |
|
|
JA
208
JOYN Advisors
Atlanta,
Georgia
| – | -$5K | -263 | Closed |
|
|
PHK
209
Point72 Hong Kong
Hong Kong
| – | -$5K | -231 | Closed |
|
|
IA
210
IFP Advisors
Tampa,
Florida
| – | -$3K | -168 | Closed |
|
ECHO Hedge Fund Activity: Q1 2019 in Review
183 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q1 2019, worth a combined $683M — up 22% from $559M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ECHO and 19 opened new positions — a net loss of 9 holders — while 75 trimmed existing stakes and 62 added.
The largest buyer was Fidelity Investments, adding an estimated $13.9M. The largest seller was Goldman Sachs, cutting an estimated $8.39M.
- 183 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q1 2019, down from 195 in Q4 2018.
- Funds reported $683M of Echo Global Logistics, Inc. stock for Q1 2019, up 22% quarter-over-quarter.
- 19 funds opened new Echo Global Logistics, Inc. positions in Q1 2019 and 28 closed out, a net change of -9 holders.
- The largest Echo Global Logistics, Inc. buyer in Q1 2019 was Fidelity Investments, an estimated $13.9M added.
- The largest Echo Global Logistics, Inc. seller in Q1 2019 was Goldman Sachs, an estimated $8.39M sold.
Based on aggregated 13F filings for Q1 2019.