Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
158 hedge funds and large institutions have $599M invested in Echo Global Logistics, Inc. in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 47 reducing their positions, and 20 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 47
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
7% more capital invested
Capital invested by funds: $562M → $599M (+$36.9M)
1% more funds holding
Funds holding: 156 → 158 (+2)
8% more call options, than puts
Call options by funds: $4.25M | Put options by funds: $3.95M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$16.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$13.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$10.6M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.31M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
-$13.9M |
| 2 |
KCP
KDI Capital Partners
Raleigh,
North Carolina
|
-$10.2M |
| 3 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$7.41M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$6.19M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.72M |
ECHO Hedge Fund Activity: Q3 2016 in Review
158 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q3 2016, worth a combined $599M — up 6.6% from $562M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ECHO positions and 20 closed out — a net gain of 3 holders — while 63 added to existing stakes and 47 trimmed.
The largest buyer was Janus Henderson Investors US, opening a new position worth an estimated $16.8M. The largest seller was Ascend Capital, cutting an estimated $13.9M.
- 158 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q3 2016, up from 156 in Q2 2016.
- Funds reported $599M of Echo Global Logistics, Inc. stock for Q3 2016, up 6.6% quarter-over-quarter.
- 23 funds opened new Echo Global Logistics, Inc. positions in Q3 2016 and 20 closed out, a net change of +3 holders.
- The largest Echo Global Logistics, Inc. buyer in Q3 2016 was Janus Henderson Investors US, an estimated $16.8M added.
- The largest Echo Global Logistics, Inc. seller in Q3 2016 was Ascend Capital, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2016.