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Encore Capital Group

157 hedge funds and large institutions have $910M invested in Encore Capital Group in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 76 increasing their positions, 47 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 47

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

5% less funds holding

Funds holding: 166157 (-9)

14% less capital invested

Capital invested by funds: $1.06B → $910M (-$154M)

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

73% less call options, than puts

Call options by funds: $772K | Put options by funds: $2.85M

Holders
157
Holders Change
-9
Holders Change %
-5.42%
% of All Funds
4.18%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
19
Increased
76
Reduced
47
Closed
27
Calls
$772K
Puts
$2.85M
Net Calls
-$2.08M
Net Calls Change
+$12.1M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
51
D.E. Shaw & Co
New York
$1.95M +$764K +33,125 +78%
DIA
52
Dana Investment Advisors
Wisconsin
$1.83M +$1.61M +69,729 +4,557%
WA
53
Wasatch Advisors
Utah
$1.67M -$660K -28,600 -30%
CCM
54
Corsair Capital Management
New York
$1.6M +$1.43M +62,044 New
WGCA
55
Wolf Group Capital Advisors
Virginia
$1.47M -$44.5K -1,928 -3%
First Trust Advisors
56
First Trust Advisors
Illinois
$1.44M +$37.3K +1,618 +3%
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$1.42M +$159K +6,911 +14%
Bank of Montreal
58
Bank of Montreal
Ontario, Canada
$1.33M +$253K +10,953 +27%
NFA
59
Nationwide Fund Advisors
Ohio
$1.29M +$105K +4,562 +10%
New York State Teachers Retirement System (NYSTRS)
60
New York State Teachers Retirement System (NYSTRS)
New York
$1.13M
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$1.13M +$96.1K +4,165 +10%
BTS
62
BB&T Securities
Virginia
$1.12M +$363K +15,728 +56%
TA
63
Teachers Advisors
New York
$1.11M -$15.6K -678 -2%
BCM
64
Bridgeway Capital Management
Texas
$1.11M
PPA
65
Parametric Portfolio Associates
Washington
$1.02M +$530K +22,957 +139%
Swiss National Bank
66
Swiss National Bank
Switzerland
$994K +$168K +7,300 +22%
Federated Hermes
67
Federated Hermes
Pennsylvania
$982K +$295K +12,769 +50%
Bank of America
68
Bank of America
North Carolina
$961K -$229K -9,918 -21%
AllianceBernstein
69
AllianceBernstein
Tennessee
$948K -$53.1K -2,300 -6%
Nomura Holdings
70
Nomura Holdings
Japan
$925K -$275K -11,902 -25%
UBS Group
71
UBS Group
Switzerland
$904K -$453K -19,622 -36%
Grantham, Mayo, Van Otterloo & Co (GMO)
72
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$826K -$136K -5,900 -16%
ECM
73
ETrade Capital Management
Virginia
$825K +$236K +10,235 +47%
GC
74
Guggenheim Capital
Illinois
$822K +$121K +5,266 +20%
State Board of Administration of Florida Retirement System
75
State Board of Administration of Florida Retirement System
Florida
$799K -$293K -12,680 -29%

ECPG Hedge Fund Activity: Q1 2016 in Review

157 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2016, worth a combined $910M — down 14% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of ECPG and 19 opened new positions — a net loss of 8 holders — while 47 trimmed existing stakes and 76 added.

The largest buyer was Carlson Capital, opening a new position worth an estimated $21.9M. The largest seller was Channing Capital Management, exiting entirely with an estimated $40.5M sold.

  • 157 institutional investors held Encore Capital Group (ECPG) as of Q1 2016, down from 166 in Q4 2015.
  • Funds reported $910M of Encore Capital Group stock for Q1 2016, down 14% quarter-over-quarter.
  • 19 funds opened new Encore Capital Group positions in Q1 2016 and 27 closed out, a net change of -8 holders.
  • The largest Encore Capital Group buyer in Q1 2016 was Carlson Capital, an estimated $21.9M added.
  • The largest Encore Capital Group seller in Q1 2016 was Channing Capital Management, an estimated $40.5M sold.

Based on aggregated 13F filings for Q1 2016.