Encore Capital Group
ECPG
179 hedge funds and large institutions have $859M invested in Encore Capital Group in 2025 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 76 reducing their positions, and 33 closing their positions.
5,458% more call options, than puts
Call options by funds: $60.3M | Put options by funds: $1.08M
5.73% less ownership
Funds ownership: 111.51% → 105.79% (-5.7%)
7% less funds holding
Funds holding: 193 → 179 (-14)
24% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 76
32% less capital invested
Capital invested by funds: $1.26B → $859M (-$403M)
36% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$12.9M |
| 2 |
BlackRock
New York
|
+$7.83M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$5.88M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$4.49M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$26M |
| 2 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$12.6M |
| 3 |
RA
Royce & Associates
New York
|
-$8.52M |
| 4 |
NSGL
No Street GP LP
San Francisco,
California
|
-$6.48M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$5.54M |
ECPG Hedge Fund Activity: Q1 2025 in Review
179 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2025, worth a combined $859M — down 32% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ECPG and 21 opened new positions — a net loss of 12 holders — while 76 trimmed existing stakes and 58 added.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $12.9M. The largest seller was Fidelity Investments, cutting an estimated $26M.
- 179 institutional investors held Encore Capital Group (ECPG) as of Q1 2025, down from 193 in Q4 2024.
- Funds reported $859M of Encore Capital Group stock for Q1 2025, down 32% quarter-over-quarter.
- 21 funds opened new Encore Capital Group positions in Q1 2025 and 33 closed out, a net change of -12 holders.
- The largest Encore Capital Group buyer in Q1 2025 was Heartland Advisors, an estimated $12.9M added.
- The largest Encore Capital Group seller in Q1 2025 was Fidelity Investments, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2025.