Encore Capital Group
ECPG
141 hedge funds and large institutions have $818M invested in Encore Capital Group in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 58 reducing their positions, and 27 closing their positions.
10% less capital invested
Capital invested by funds: $910M → $818M (-$92.4M)
10% less funds holding
Funds holding: 157 → 141 (-16)
21% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 58
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
56% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 27
94% less call options, than puts
Call options by funds: $649K | Put options by funds: $10.2M
Top Buyers
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$11.3M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$3.05M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$2.49M |
| 4 |
HT
HAP Trading
New York
|
+$1.82M |
| 5 |
Millennium Management
New York
|
+$1.42M |
Top Sellers
| 1 |
Lazard Asset Management
New York
|
-$7.46M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.72M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$5.33M |
| 4 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$4.26M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.72M |
ECPG Hedge Fund Activity: Q2 2016 in Review
141 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q2 2016, worth a combined $818M — down 10% from $910M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ECPG and 12 opened new positions — a net loss of 15 holders — while 58 trimmed existing stakes and 46 added.
The largest buyer was Carlson Capital, adding an estimated $11.3M. The largest seller was Lazard Asset Management, cutting an estimated $7.46M.
- 141 institutional investors held Encore Capital Group (ECPG) as of Q2 2016, down from 157 in Q1 2016.
- Funds reported $818M of Encore Capital Group stock for Q2 2016, down 10% quarter-over-quarter.
- 12 funds opened new Encore Capital Group positions in Q2 2016 and 27 closed out, a net change of -15 holders.
- The largest Encore Capital Group buyer in Q2 2016 was Carlson Capital, an estimated $11.3M added.
- The largest Encore Capital Group seller in Q2 2016 was Lazard Asset Management, an estimated $7.46M sold.
Based on aggregated 13F filings for Q2 2016.