Encore Capital Group
ECPG
165 hedge funds and large institutions have $2.51B invested in Encore Capital Group in 2013 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 17 closing their positions.
92% more capital invested
Capital invested by funds: $1.3B → $2.51B (+$1.2B)
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
3% more funds holding
Funds holding: 160 → 165 (+5)
6% more call options, than puts
Call options by funds: $2.04M | Put options by funds: $1.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$234M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$32.5M |
| 3 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$20.6M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$15.2M |
| 5 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$20.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.5M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$10.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.28M |
ECPG Hedge Fund Activity: Q3 2013 in Review
165 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q3 2013, worth a combined $2.51B — up 92% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ECPG positions and 17 closed out — a net gain of 7 holders — while 69 added to existing stakes and 56 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $234M. The largest seller was TimesSquare Capital Management, cutting an estimated $20.7M.
- 165 institutional investors held Encore Capital Group (ECPG) as of Q3 2013, up from 160 in Q2 2013.
- Funds reported $2.51B of Encore Capital Group stock for Q3 2013, up 92% quarter-over-quarter.
- 24 funds opened new Encore Capital Group positions in Q3 2013 and 17 closed out, a net change of +7 holders.
- The largest Encore Capital Group buyer in Q3 2013 was BNP Paribas Financial Markets, an estimated $234M added.
- The largest Encore Capital Group seller in Q3 2013 was TimesSquare Capital Management, an estimated $20.7M sold.
Based on aggregated 13F filings for Q3 2013.