Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
195 hedge funds and large institutions have $559M invested in Echo Global Logistics, Inc. in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 62 increasing their positions, 68 reducing their positions, and 52 closing their positions.
262% more call options, than puts
Call options by funds: $6.08M | Put options by funds: $1.68M
9% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 68
8% less funds holding
Funds holding: 213 → 195 (-18)
31% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 52
39% less capital invested
Capital invested by funds: $917M → $559M (-$357M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$11.9M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$7.58M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.5M |
| 4 |
BlackRock
New York
|
+$4.79M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$19M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$12.5M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$12.5M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.78M |
ECHO Hedge Fund Activity: Q4 2018 in Review
195 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q4 2018, worth a combined $559M — down 39% from $917M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of ECHO and 36 opened new positions — a net loss of 16 holders — while 68 trimmed existing stakes and 62 added.
The largest buyer was Aberdeen Group, adding an estimated $11.9M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $19M sold.
- 195 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q4 2018, down from 213 in Q3 2018.
- Funds reported $559M of Echo Global Logistics, Inc. stock for Q4 2018, down 39% quarter-over-quarter.
- 36 funds opened new Echo Global Logistics, Inc. positions in Q4 2018 and 52 closed out, a net change of -16 holders.
- The largest Echo Global Logistics, Inc. buyer in Q4 2018 was Aberdeen Group, an estimated $11.9M added.
- The largest Echo Global Logistics, Inc. seller in Q4 2018 was Intrinsic Edge Capital Management, an estimated $19M sold.
Based on aggregated 13F filings for Q4 2018.