Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
180 hedge funds and large institutions have $1.17B invested in Echo Global Logistics, Inc. in 2021 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 46 increasing their positions, 64 reducing their positions, and 35 closing their positions.
344% more call options, than puts
Call options by funds: $4.24M | Put options by funds: $955K
58% more capital invested
Capital invested by funds: $744M → $1.17B (+$431M)
57% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 35
12% more funds holding
Funds holding: 161 → 180 (+19)
28% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$40.2M |
| 2 |
Millennium Management
New York
|
+$22.3M |
| 3 |
WIC
Water Island Capital
New York
|
+$11.2M |
| 4 |
GF
Goodman Financial
Houston,
Texas
|
+$10.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$9.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$27.8M |
| 2 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$17.4M |
| 3 |
BlackRock
New York
|
-$14.4M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$12.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.9M |
ECHO Hedge Fund Activity: Q3 2021 in Review
180 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q3 2021, worth a combined $1.17B — up 58% from $744M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new ECHO positions and 35 closed out — a net gain of 20 holders — while 46 added to existing stakes and 64 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $40.2M. The largest seller was JP Morgan Chase, cutting an estimated $27.8M.
- 180 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q3 2021, up from 161 in Q2 2021.
- Funds reported $1.17B of Echo Global Logistics, Inc. stock for Q3 2021, up 58% quarter-over-quarter.
- 55 funds opened new Echo Global Logistics, Inc. positions in Q3 2021 and 35 closed out, a net change of +20 holders.
- The largest Echo Global Logistics, Inc. buyer in Q3 2021 was Glazer Capital LLC, an estimated $40.2M added.
- The largest Echo Global Logistics, Inc. seller in Q3 2021 was JP Morgan Chase, an estimated $27.8M sold.
Based on aggregated 13F filings for Q3 2021.