Encore Capital Group
ECPG
207 hedge funds and large institutions have $1.23B invested in Encore Capital Group in 2022 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 67 increasing their positions, 85 reducing their positions, and 31 closing their positions.
1.99% more ownership
Funds ownership: 114.11% → 116.09% (+2%)
3% less funds holding
Funds holding: 214 → 207 (-7)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
21% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 85
22% less capital invested
Capital invested by funds: $1.58B → $1.23B (-$349M)
31% less call options, than puts
Call options by funds: $16.6M | Put options by funds: $24M
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$20.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.2M |
| 3 |
Millennium Management
New York
|
+$11.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$66.6M |
| 2 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
-$14.3M |
| 3 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$9.94M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.91M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
226
Engineers Gate Manager
New York
| – | -$352K | -6,100 | Closed |
|
227
M&T Bank
Buffalo,
New York
| – | -$271K | -4,712 | Closed |
|
|
E
228
Ergoteles
New York
| – | -$260K | -4,503 | Closed |
|
229
Teacher Retirement System of Texas
Austin,
Texas
| – | -$241K | -4,170 | Closed |
|
|
FRM
230
Fox Run Management
Greenwich,
Connecticut
| – | -$207K | -3,579 | Closed |
|
231
Nomura Holdings
Tokyo,
Japan
| – | -$31K | -524 | Closed |
|
|
DA
232
Denali Advisors
San Diego,
California
| – | -$24K | -412 | Closed |
|
233
Amundi
Paris,
France
| – | -$25K | -396 | Closed |
|
234
Simplex Trading
Chicago,
Illinois
| – | -$6.84K | -119 | Closed |
|
|
PFGIA
235
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$5K | -95 | Closed |
|
236
Rockefeller Capital Management
New York
| – | -$3.51K | -61 | -84% |
|
|
LF
237
Lee Financial
Dallas,
Texas
| – | -$1K | -11 | Closed |
|
|
LC
238
Lindbrook Capital
Calabasas,
California
| – | -$345 | -6 | -50% |
|
ECPG Hedge Fund Activity: Q3 2022 in Review
207 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q3 2022, worth a combined $1.23B — down 22% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ECPG and 27 opened new positions — a net loss of 4 holders — while 85 trimmed existing stakes and 67 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $20.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $66.6M.
- 207 institutional investors held Encore Capital Group (ECPG) as of Q3 2022, down from 214 in Q2 2022.
- Funds reported $1.23B of Encore Capital Group stock for Q3 2022, down 22% quarter-over-quarter.
- 27 funds opened new Encore Capital Group positions in Q3 2022 and 31 closed out, a net change of -4 holders.
- The largest Encore Capital Group buyer in Q3 2022 was Turtle Creek Asset Management, an estimated $20.4M added.
- The largest Encore Capital Group seller in Q3 2022 was T. Rowe Price Associates, an estimated $66.6M sold.
Based on aggregated 13F filings for Q3 2022.