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Encore Capital Group

150 hedge funds and large institutions have $1.27B invested in Encore Capital Group in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 66 increasing their positions, 34 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 34

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

8% more capital invested

Capital invested by funds: $1.18B → $1.27B (+$93.5M)

7% less funds holding

Funds holding: 162150 (-12)

10.81% less ownership

Funds ownership: 125.95%115.14% (-11%)

42% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 26

83% less call options, than puts

Call options by funds: $4.76M | Put options by funds: $28.5M

Holders
150
Holders Change
-12
Holders Change %
-7.41%
% of All Funds
3.43%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
15
Increased
66
Reduced
34
Closed
26
Calls
$4.76M
Puts
$28.5M
Net Calls
-$23.8M
Net Calls Change
-$12.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$10.3M +$1.27M +33,466 +13%
Citadel Advisors
27
Citadel Advisors
Florida
$9.64M +$1.38M +36,473 +16%
Prudential Financial
28
Prudential Financial
New Jersey
$8.1M -$614K -16,220 -7%
Principal Financial Group
29
Principal Financial Group
Iowa
$8.01M +$794K +20,965 +10%
Citigroup
30
Citigroup
New York
$7.75M +$1.86M +49,067 +29%
Barclays
31
Barclays
United Kingdom
$7.74M +$1.08M +28,379 +15%
Bank of America
32
Bank of America
North Carolina
$7.42M +$6.5M +171,642 +487%
Charles Schwab
33
Charles Schwab
California
$7.33M +$616K +16,255 +9%
Royal Bank of Canada
34
Royal Bank of Canada
Ontario, Canada
$6.91M +$1.72M +45,447 +31%
PCM
35
Peregrine Capital Management
Minnesota
$5.98M +$847K +22,350 +15%
Nomura Holdings
36
Nomura Holdings
Japan
$5.34M +$587K +15,506 +12%
BCM
37
Bridgeway Capital Management
Texas
$4.94M
JP Morgan Chase
38
JP Morgan Chase
New York
$4.75M +$2.72M +71,722 +118%
GKIM
39
GW&K Investment Management
Massachusetts
$4.71M -$77.5K -2,047 -2%
USAA
40
United Services Automobile Association
Texas
$4.56M +$103K +2,711 +2%
Nordea Investment Management
41
Nordea Investment Management
Sweden
$4.43M +$1.45M +38,247 +45%
GIM
42
Granahan Investment Management
Massachusetts
$3.69M +$213K +5,625 +6%
AllianceBernstein
43
AllianceBernstein
Tennessee
$3.2M +$1.82M +48,160 +117%
Goldman Sachs
44
Goldman Sachs
New York
$2.8M +$195K +5,148 +7%
D.E. Shaw & Co
45
D.E. Shaw & Co
New York
$2.7M -$2.01M -53,144 -41%
SG Americas Securities
46
SG Americas Securities
New York
$2.67M -$886K -23,397 -24%
PPA
47
Parametric Portfolio Associates
Washington
$2.58M +$57.5K +1,519 +2%
William Blair & Company
48
William Blair & Company
Illinois
$2.46M -$311K -8,219 -11%
Deutsche Bank
49
Deutsche Bank
Germany
$2.42M -$881K -23,268 -26%
First Trust Advisors
50
First Trust Advisors
Illinois
$2.31M +$1.31M +34,690 +116%

ECPG Hedge Fund Activity: Q3 2018 in Review

150 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q3 2018, worth a combined $1.27B — up 7.9% from $1.18B a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of ECPG and 15 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 66 added.

The largest buyer was Broad Run Investment Management, adding an estimated $32.1M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $23.4M sold.

  • 150 institutional investors held Encore Capital Group (ECPG) as of Q3 2018, down from 162 in Q2 2018.
  • Funds reported $1.27B of Encore Capital Group stock for Q3 2018, up 7.9% quarter-over-quarter.
  • 15 funds opened new Encore Capital Group positions in Q3 2018 and 26 closed out, a net change of -11 holders.
  • The largest Encore Capital Group buyer in Q3 2018 was Broad Run Investment Management, an estimated $32.1M added.
  • The largest Encore Capital Group seller in Q3 2018 was Hennessy Advisors Inc, an estimated $23.4M sold.

Based on aggregated 13F filings for Q3 2018.