Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
158 hedge funds and large institutions have $555M invested in Echo Global Logistics, Inc. in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 56 reducing their positions, and 42 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 56
14% less funds holding
Funds holding: 183 → 158 (-25)
19% less capital invested
Capital invested by funds: $684M → $555M (-$129M)
48% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 42
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$17M |
| 2 |
Morgan Stanley
New York
|
+$11.7M |
| 3 |
JP Morgan Chase
New York
|
+$9.47M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$7.48M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$5.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$14.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.62M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$5.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.16M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.71M |
ECHO Hedge Fund Activity: Q2 2019 in Review
158 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q2 2019, worth a combined $555M — down 19% from $684M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of ECHO and 22 opened new positions — a net loss of 20 holders — while 56 trimmed existing stakes and 50 added.
The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $17M. The largest seller was Public Employees Retirement Association of Colorado, exiting entirely with an estimated $14.5M sold.
- 158 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q2 2019, down from 183 in Q1 2019.
- Funds reported $555M of Echo Global Logistics, Inc. stock for Q2 2019, down 19% quarter-over-quarter.
- 22 funds opened new Echo Global Logistics, Inc. positions in Q2 2019 and 42 closed out, a net change of -20 holders.
- The largest Echo Global Logistics, Inc. buyer in Q2 2019 was ArrowMark Colorado Holdings, an estimated $17M added.
- The largest Echo Global Logistics, Inc. seller in Q2 2019 was Public Employees Retirement Association of Colorado, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2019.