Echo Street Capital Management LLC
CIK
1352342
Location
New York, NY
Portfolio Value
Small
$746,952,698
Diversification
Highly concentrated
Filing Date
Global Rank
#1,694
/ 7,317
▼ 1382
Top Industry
Software - Application
100.0%
3Y Alpha vs SPY
-1.5%
Period ended 2 years ago
Filed Feb 8, 2024 · 2y
16 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+69.8%
SPY
+76.3%
Annualised alpha
-1.5%
Max drawdown
−18.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
2 positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Top Position
97.8%
+87.1 pts
Top 5
100.0%
+72.8 pts
Top 10
100.0%
+60.1 pts
HHI
9,572
Highly concentrated+9,266
Portfolio Trend
16 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 97.8% | $730,601,852 |
| Technology | 2.2% | $16,350,846 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | +997,323 | 1,537,106 | $730,601,852 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DSGX | Descartes Systems Group Inc | −1,655,377 | 194,514 | $16,350,846 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MSFT | Microsoft Corp | 3,353,312 | $1,058,808,264 | |
| V | Visa Inc. | 2,603,392 | $598,806,193 | |
| LIN | Linde PLC | 1,129,365 | $420,519,057 | |
| FISV | Fiserv Inc | 2,977,187 | $336,303,043 | |
| GOOGL | Alphabet Inc. | 2,161,887 | $282,904,532 | |
| PAYC | Paycom Software, Inc. | 1,053,601 | $273,167,131 | |
| UNH | Unitedhealth Group Inc | 500,678 | $252,436,840 | |
| TYL | Tyler Technologies Inc | 650,731 | $251,273,268 | |
| INTU | Intuit Inc. | 476,834 | $243,633,563 | |
| MRSH | Marsh & Mclennan Companies, Inc. | 1,265,958 | $240,911,807 | |
| DHR | Danaher Corp /De/ | 1,073,548 | $236,123,447 | |
| MA | Mastercard Inc | 593,415 | $234,938,932 | |
| AVB | Avalonbay Communities Inc | 1,346,351 | $231,222,320 | |
| EQIX | Equinix Inc | 296,582 | $215,395,643 | |
| DHI | Horton D R Inc /De/ | 1,946,275 | $209,166,174 | |
| PCTY | Paylocity Holding Corp | 1,081,462 | $196,501,645 | |
| A | Agilent Technologies, Inc. | 1,725,693 | $192,966,991 | |
| TOST | Toast, Inc. | 9,441,100 | $176,831,803 | |
| CSGP | Costar Group, Inc. | 2,284,662 | $175,667,661 | |
| AAPL | Apple Inc. | 993,680 | $170,127,952 | |
| MCO | Moodys Corp /De/ | 513,338 | $162,302,075 | |
| ROP | Roper Technologies Inc | 325,654 | $157,707,719 | |
| APPF | Appfolio Inc | 862,697 | $157,554,353 | |
| FDS | Factset Research Systems Inc | 306,808 | $134,154,866 | |
| PCOR | Procore Technologies, Inc. | 2,008,024 | $131,164,127 | |
| No positions match the current search. | ||||
2 positions ·
$746,952,698 total
· as of Dec 31, 2023
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 1,537,106 | $730,601,852 | 97.81% | |
| DSGX |
Descartes Systems Group Inc
Technology
|
Reduced | 194,514 | $16,350,846 | 2.19% |