Encore Capital Group
ECPG
134 hedge funds and large institutions have $937M invested in Encore Capital Group in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
4% more capital invested
Capital invested by funds: $897M → $937M (+$40M)
0% more funds holding
Funds holding: 134 → 134 (0)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
3.7% less ownership
Funds ownership: 122.68% → 118.97% (-3.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
86% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $7.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$78M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.8M |
| 3 |
Bank of New York Mellon
New York
|
+$8.46M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.31M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$19M |
| 2 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$14.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.02M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.28M |
ECPG Hedge Fund Activity: Q1 2017 in Review
134 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2017, worth a combined $937M — up 4.5% from $897M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ECPG positions and 9 closed out — a net gain of 6 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $78M. The largest seller was Lombardia Capital Partners, cutting an estimated $19M.
- 134 institutional investors held Encore Capital Group (ECPG) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $937M of Encore Capital Group stock for Q1 2017, up 4.5% quarter-over-quarter.
- 15 funds opened new Encore Capital Group positions in Q1 2017 and 9 closed out, a net change of +6 holders.
- The largest Encore Capital Group buyer in Q1 2017 was BlackRock, an estimated $78M added.
- The largest Encore Capital Group seller in Q1 2017 was Lombardia Capital Partners, an estimated $19M sold.
Based on aggregated 13F filings for Q1 2017.