Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
173 hedge funds and large institutions have $701M invested in Echo Global Logistics, Inc. in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 65 increasing their positions, 53 reducing their positions, and 23 closing their positions.
364% more call options, than puts
Call options by funds: $5.6M | Put options by funds: $1.21M
78% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 23
28% more capital invested
Capital invested by funds: $546M → $701M (+$155M)
23% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 53
11% more funds holding
Funds holding: 156 → 173 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
+$9.25M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.55M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$6.54M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.97M |
| 5 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$5.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$22.2M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$19.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.68M |
| 4 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
-$5.82M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.74M |
ECHO Hedge Fund Activity: Q1 2016 in Review
173 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q1 2016, worth a combined $701M — up 28% from $546M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ECHO positions and 23 closed out — a net gain of 18 holders — while 65 added to existing stakes and 53 trimmed.
The largest buyer was Ascend Capital, opening a new position worth an estimated $9.25M. The largest seller was Luminus Management, exiting entirely with an estimated $22.2M sold.
- 173 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q1 2016, up from 156 in Q4 2015.
- Funds reported $701M of Echo Global Logistics, Inc. stock for Q1 2016, up 28% quarter-over-quarter.
- 41 funds opened new Echo Global Logistics, Inc. positions in Q1 2016 and 23 closed out, a net change of +18 holders.
- The largest Echo Global Logistics, Inc. buyer in Q1 2016 was Ascend Capital, an estimated $9.25M added.
- The largest Echo Global Logistics, Inc. seller in Q1 2016 was Luminus Management, an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2016.