Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
150 hedge funds and large institutions have $523M invested in Echo Global Logistics, Inc. in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 67 increasing their positions, 42 reducing their positions, and 40 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 42
8% more call options, than puts
Call options by funds: $2.53M | Put options by funds: $2.33M
10% less funds holding
Funds holding: 167 → 150 (-17)
40% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 40
40% less capital invested
Capital invested by funds: $878M → $523M (-$355M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$35.8M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$13.7M |
| 3 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$12.5M |
| 4 |
NCM
Newland Capital Management
New York
|
+$11.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$35.9M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$11.6M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$11.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.45M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$8.16M |
ECHO Hedge Fund Activity: Q3 2015 in Review
150 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q3 2015, worth a combined $523M — down 40% from $878M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of ECHO and 24 opened new positions — a net loss of 16 holders — while 42 trimmed existing stakes and 67 added.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $35.8M. The largest seller was Spruce House Investment Management, exiting entirely with an estimated $35.9M sold.
- 150 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q3 2015, down from 167 in Q2 2015.
- Funds reported $523M of Echo Global Logistics, Inc. stock for Q3 2015, down 40% quarter-over-quarter.
- 24 funds opened new Echo Global Logistics, Inc. positions in Q3 2015 and 40 closed out, a net change of -16 holders.
- The largest Echo Global Logistics, Inc. buyer in Q3 2015 was Scopus Asset Management, an estimated $35.8M added.
- The largest Echo Global Logistics, Inc. seller in Q3 2015 was Spruce House Investment Management, an estimated $35.9M sold.
Based on aggregated 13F filings for Q3 2015.