0000919574-11-003336.txt : 20110516 0000919574-11-003336.hdr.sgml : 20110516 20110516111635 ACCESSION NUMBER: 0000919574-11-003336 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 EFFECTIVENESS DATE: 20110516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Echo Street Capital Management LLC CENTRAL INDEX KEY: 0001352342 IRS NUMBER: 030403526 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11835 FILM NUMBER: 11844368 BUSINESS ADDRESS: STREET 1: 55 FIFTH AVENUE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 212-647-8126 MAIL ADDRESS: STREET 1: 55 FIFTH AVENUE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 13F-HR 1 d1192583_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended March 31, 2011 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Echo Street Capital Management LLC Address: 55 Fifth Avenue, 18th Floor New York, New York 10003 13F File Number: 028-11835 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: David Elias Title: Chief Compliance Officer Phone: (212) 647-8126 Signature, Place and Date of Signing: /s/ David Elias New York, New York May 16, 2011 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: None Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: NONE Form 13F Information Table Entry Total: 51 Form 13F Information Table Value Total: $240,469 (thousands) List of Other Included Managers: None FORM 13F INFORMATION TABLE Echo Street Capital Management LLC March 31, 2011

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- -------------- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- ACE LTD SHS H0023R105 1,558 24,077 SH SOLE NONE 24,077 ADVANCE AUTO PARTS INC COM 00751Y106 2,628 40,047 SH SOLE NONE 40,047 AIRGAS INC COM 009363102 3,049 45,906 SH SOLE NONE 45,906 AUTOZONE INC COM 053332102 2,429 8,880 SH SOLE NONE 8,880 AVALONBAY CMNTYS INC COM 053484101 6,744 56,159 SH SOLE NONE 56,159 BOSTON PROPERTIES INC COM 101121101 5,722 60,323 SH SOLE NONE 60,323 CAPITOL FED FINL INC COM 14057J101 2,386 211,751 SH SOLE NONE 211,751 COPART INC COM 217204106 4,463 102,994 SH SOLE NONE 102,994 DARDEN RESTAURANTS INC COM 237194105 7,608 154,863 SH SOLE NONE 154,863 DEVELOPERS DIVERSIFIED RLTY COM 251591103 2,170 154,993 SH SOLE NONE 154,993 DUKE REALTY CORP COM NEW 264411505 602 43,000 SH SOLE NONE 43,000 ENTERTAINMENT PPTYS TR PFD C CNV 5.75% 29380T402 646 32,000 SH SOLE NONE 32,000 ENTERTAINMENT PPTYS TR CONV PFD 9% SR E 29380T600 6,923 250,554 SH SOLE NONE 250,554 EQUINIX INC COM NEW 29444U502 4,735 51,976 SH SOLE NONE 51,976 EQUITY LIFESTYLE PPTYS INC COM 29472R108 3,694 64,073 SH SOLE NONE 64,073 EVEREST RE GROUP LTD COM G3223R108 4,865 55,176 SH SOLE NONE 55,176 FELCOR LODGING TR INC PFD CV A $1.95 31430F200 6,700 247,500 SH SOLE NONE 247,500 FINISH LINE INC CL A 317923100 1,085 54,675 SH SOLE NONE 54,675 GOOGLE INC CL A 38259P508 10,731 18,289 SH SOLE NONE 18,289 GROUP 1 AUTOMOTIVE INC COM 398905109 3,805 88,910 SH SOLE NONE 88,910 HEALTH CARE REIT INC COM 42217K106 3,705 70,646 SH SOLE NONE 70,646 HILLTOP HOLDINGS INC COM 432748101 2,367 235,747 SH SOLE NONE 235,747 HOME DEPOT INC COM 437076102 6,301 170,016 SH SOLE NONE 170,016 INTERCONTINENTAL HTLS GRP PL SPONS ADR NEW 45857P301 9,617 463,916 SH SOLE NONE 463,916 JPMORGAN CHASE & CO COM 46625H100 5,074 110,074 SH SOLE NONE 110,074 KIMCO RLTY CORP COM 49446R109 5,645 307,779 SH SOLE NONE 307,779 KOHLS CORP COM 500255104 9,797 184,705 SH SOLE NONE 184,705 LASALLE HOTEL PPTYS COM SH BEN INT 517942108 1,939 71,818 SH SOLE NONE 71,818 LIBERTY PPTY TR SH BEN INT 531172104 2,703 82,144 SH SOLE NONE 82,144 MARRIOTT INTL INC NEW CL A 571903202 1,082 30,397 SH SOLE NONE 30,397 MI DEVS INC CL A SUB VTG 55304X104 358 12,354 SH SOLE NONE 12,354 MICROSOFT CORP COM 594918104 2,882 113,514 SH SOLE NONE 113,514 MID-AMER APT CMNTYS INC COM 59522J103 2,963 46,146 SH SOLE NONE 46,146 NATIONWIDE HEALTH PPTYS INC COM 638620104 4,502 105,851 SH SOLE NONE 105,851 NEW YORK & CO INC COM 649295102 988 140,915 SH SOLE NONE 140,915 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 5,041 110,499 SH SOLE NONE 110,499 O REILLY AUTOMOTIVE INC NEW COM 67103H107 10,771 187,449 SH SOLE NONE 187,449 ORACLE CORP COM 68389X105 7,586 226,910 SH SOLE NONE 226,910 PEPSICO INC COM 713448108 6,411 99,539 SH SOLE NONE 99,539 PS BUSINESS PKS INC CALIF COM 69360J107 3,261 56,274 SH SOLE NONE 56,274 REPUBLIC SVCS INC COM 760759100 7,382 245,746 SH SOLE NONE 245,746 RYLAND GROUP INC COM 783764103 4,267 268,354 SH SOLE NONE 268,354 SAFEWAY INC COM NEW 786514208 772 32,800 SH SOLE NONE 32,800 SIMON PPTY GROUP INC NEW COM 828806109 6,839 63,820 SH SOLE NONE 63,820 STANLEY BLACK & DECKER INC COM 854502101 3,593 46,909 SH SOLE NONE 46,909 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 4,415 75,961 SH SOLE NONE 75,961 TRANSOCEAN INC NOTE 1.500%12/1 893830AV1 5,990 6,000,000 PRN SOLE NONE 6,000,000 US BANCORP DEL COM NEW 902973304 8,194 310,019 SH SOLE NONE 310,019 WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 3,811 122,591 SH SOLE NONE 122,591 WELLS FARGO & CO NEW COM 949746101 8,883 280,129 SH SOLE NONE 280,129 WILLIAMS COS INC DEL COM 969457100 10,687 342,751 SH SOLE NONE 342,751

SK 04078 0001 1192583