Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
121 hedge funds and large institutions have $535M invested in Echo Global Logistics, Inc. in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 39 reducing their positions, and 18 closing their positions.
1,953% more call options, than puts
Call options by funds: $6.16M | Put options by funds: $300K
33% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 39
2% less capital invested
Capital invested by funds: $549M → $535M (-$13.6M)
2% less funds holding
Funds holding: 124 → 121 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$8M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$4.37M |
| 3 |
Bank of New York Mellon
New York
|
+$3.42M |
| 4 |
SIG
Schaller Investment Group
Winston Salem,
North Carolina
|
+$2.73M |
| 5 |
Goldman Sachs
New York
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Proxima Capital Management
New York
|
-$2.11M |
| 2 |
LCG
Lisanti Capital Growth
New York
|
-$2.02M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2M |
| 4 |
RA
Royce & Associates
New York
|
-$1.89M |
| 5 |
Lazard Asset Management
New York
|
-$1.79M |
ECHO Hedge Fund Activity: Q1 2015 in Review
121 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q1 2015, worth a combined $535M — down 2.5% from $549M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ECHO and 16 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 52 added.
The largest buyer was THB Asset Management, opening a new position worth an estimated $8M. The largest seller was Proxima Capital Management, exiting entirely with an estimated $2.11M sold.
- 121 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q1 2015, down from 124 in Q4 2014.
- Funds reported $535M of Echo Global Logistics, Inc. stock for Q1 2015, down 2.5% quarter-over-quarter.
- 16 funds opened new Echo Global Logistics, Inc. positions in Q1 2015 and 18 closed out, a net change of -2 holders.
- The largest Echo Global Logistics, Inc. buyer in Q1 2015 was THB Asset Management, an estimated $8M added.
- The largest Echo Global Logistics, Inc. seller in Q1 2015 was Proxima Capital Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2015.