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Encore Capital Group

138 hedge funds and large institutions have $814M invested in Encore Capital Group in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 44

2.82% less ownership

Funds ownership: 115.14%112.32% (-2.8%)

8% less funds holding

Funds holding: 150138 (-12)

35% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 31

36% less capital invested

Capital invested by funds: $1.27B → $814M (-$457M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

97% less call options, than puts

Call options by funds: $1.02M | Put options by funds: $33.4M

Holders
138
Holders Change
-12
Holders Change %
-8%
% of All Funds
3.07%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
20
Increased
50
Reduced
44
Closed
31
Calls
$1.02M
Puts
$33.4M
Net Calls
-$32.4M
Net Calls Change
-$8.56M
Name Holding Trade Value Shares
Change
Change in
Stake
MERSOM
76
Municipal Employees' Retirement System of Michigan
Michigan
$347K +$397K +14,780 New
IA
77
Icon Advisers
Colorado
$324K +$18.8K +700 +5%
SSWM
78
Sheets Smith Wealth Management
North Carolina
$314K -$10.2K -381 -3%
Balyasny Asset Management
79
Balyasny Asset Management
Illinois
$298K +$341K +12,697 New
CSS
80
Cubist Systematic Strategies
Connecticut
$295K -$33.8K -1,259 -9%
BMM
81
Buffington Mohr McNeal
Idaho
$294K +$336K +12,500 New
VOYA Investment Management
82
VOYA Investment Management
Georgia
$270K +$25.5K +950 +9%
MIM
83
MetLife Investment Management
New Jersey
$270K
CGH
84
Crossmark Global Holdings
Texas
$257K +$294K +10,933 New
LG
85
Leuthold Group
Minnesota
$252K -$25.1K -934 -8%
UBS AM
86
UBS AM
Illinois
$251K -$165K -6,142 -36%
State of Tennessee, Department of Treasury
87
State of Tennessee, Department of Treasury
Tennessee
$249K -$63.2K -2,354 -18%
BCM
88
Bayesian Capital Management
New York
$235K -$191K -7,118 -42%
OPERF
89
Oregon Public Employees Retirement Fund
Oregon
$229K +$262K +9,738 New
LSERS
90
Louisiana State Employees Retirement System
Louisiana
$226K -$44.8K -1,668 -15%
UBS Group
91
UBS Group
Switzerland
$218K +$39.9K +1,487 +19%
LPL Financial
92
LPL Financial
California
$208K -$9.35K -348 -4%
COPPSERS
93
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$206K +$71.8K +2,671 +44%
SOADOR
94
State of Alaska Department of Revenue
Alaska
$200K +$3.49K +130 +2%
Public Employees Retirement Association of Colorado
95
Public Employees Retirement Association of Colorado
Colorado
$193K
MLICM
96
Metropolitan Life Insurance Company (MetLife)
New York
$191K
MSA
97
Mason Street Advisors
Wisconsin
$187K +$9.89K +368 +5%
TRSOTSOK
98
Teachers Retirement System of the State of Kentucky
Kentucky
$169K
EP
99
Elkfork Partners
Oregon
$158K +$3.65K +136 +2%
FDCDDQ
100
Federation des caisses Desjardins du Quebec
Quebec, Canada
$151K

ECPG Hedge Fund Activity: Q4 2018 in Review

138 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q4 2018, worth a combined $814M — down 36% from $1.27B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of ECPG and 20 opened new positions — a net loss of 11 holders — while 44 trimmed existing stakes and 50 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $28.6M. The largest seller was Summit Partners Public Asset Management, exiting entirely with an estimated $20.4M sold.

  • 138 institutional investors held Encore Capital Group (ECPG) as of Q4 2018, down from 150 in Q3 2018.
  • Funds reported $814M of Encore Capital Group stock for Q4 2018, down 36% quarter-over-quarter.
  • 20 funds opened new Encore Capital Group positions in Q4 2018 and 31 closed out, a net change of -11 holders.
  • The largest Encore Capital Group buyer in Q4 2018 was T. Rowe Price Associates, an estimated $28.6M added.
  • The largest Encore Capital Group seller in Q4 2018 was Summit Partners Public Asset Management, an estimated $20.4M sold.

Based on aggregated 13F filings for Q4 2018.