Encore Capital Group
ECPG
212 hedge funds and large institutions have $1.35B invested in Encore Capital Group in 2020 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 75 increasing their positions, 70 reducing their positions, and 30 closing their positions.
43% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 30
5% more funds holding
Funds holding: 202 → 212 (+10)
7% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 70
5% less capital invested
Capital invested by funds: $1.43B → $1.35B (-$75.5M)
6.89% less ownership
Funds ownership: 118% → 111.11% (-6.9%)
33% less call options, than puts
Call options by funds: $29.4M | Put options by funds: $44M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$16.4M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$11.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.9M |
| 4 |
BlackRock
New York
|
+$7.88M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$51M |
| 2 |
B
BloombergSen
Toronto,
Ontario, Canada
|
-$15.7M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$14.6M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$11.6M |
| 5 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$10M |
ECPG Hedge Fund Activity: Q4 2020 in Review
212 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q4 2020, worth a combined $1.35B — down 5.3% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ECPG positions and 30 closed out — a net gain of 13 holders — while 75 added to existing stakes and 70 trimmed.
The largest buyer was Bernzott Capital Advisors, opening a new position worth an estimated $16.4M. The largest seller was Invesco, cutting an estimated $51M.
- 212 institutional investors held Encore Capital Group (ECPG) as of Q4 2020, up from 202 in Q3 2020.
- Funds reported $1.35B of Encore Capital Group stock for Q4 2020, down 5.3% quarter-over-quarter.
- 43 funds opened new Encore Capital Group positions in Q4 2020 and 30 closed out, a net change of +13 holders.
- The largest Encore Capital Group buyer in Q4 2020 was Bernzott Capital Advisors, an estimated $16.4M added.
- The largest Encore Capital Group seller in Q4 2020 was Invesco, an estimated $51M sold.
Based on aggregated 13F filings for Q4 2020.