Echo Street Capital Management LLC
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Schedule 13D/13G stakes
Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.
No stake currently held at or above 5%.
A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis. Show 5 exited, below-5% or retired stakes
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2023, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 99.3%; sector active share 85.4% against the combined 13F book's sector weights.
Over time 16 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
2 tracked positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Portfolio Trend
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| 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| 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 quarterSold Out
Positions the filer fully exited| 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 | |
| — | 4,157,939 | $282,116,161 | ||
| PAYC | Paycom Software, Inc. | 1,053,601 | $273,167,131 | |
| DHR | Danaher Corp | 1,073,548 | $266,347,248 | |
| 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 | |
| MA | Mastercard Inc | 593,415 | $234,938,932 | |
| — | 1,346,351 | $231,222,178 | ||
| EQIX | Equinix Inc | 296,582 | $215,395,643 | |
| DHI | Horton D R Inc | 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 | 513,338 | $162,302,075 | |
| ROP | Roper Technologies Inc | 325,654 | $157,707,719 | |
| APPF | Appfolio Inc | 862,697 | $157,554,353 | |
| NVDA | Nvidia Corp | 355,053 | $154,444,504 | |
| No positions match the current search. | ||||
| 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% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.