Encore Capital Group
ECPG
192 hedge funds and large institutions have $1.34B invested in Encore Capital Group in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 56 increasing their positions, 77 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
8% more capital invested
Capital invested by funds: $1.24B → $1.34B (+$94.6M)
5% more funds holding
Funds holding: 183 → 192 (+9)
1.56% more ownership
Funds ownership: 110.52% → 112.08% (+1.6%)
27% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 77
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
91% less call options, than puts
Call options by funds: $1.02M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$18.2M |
| 2 |
Morgan Stanley
New York
|
+$13.2M |
| 3 |
BlackRock
New York
|
+$9.43M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.51M |
| 5 |
RA
Royce & Associates
New York
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$8.05M |
| 2 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$6.88M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.54M |
| 4 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$6.15M |
| 5 |
Millennium Management
New York
|
-$5.61M |
ECPG Hedge Fund Activity: Q4 2023 in Review
192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q4 2023, worth a combined $1.34B — up 7.6% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ECPG positions and 20 closed out — a net gain of 9 holders — while 56 added to existing stakes and 77 trimmed.
The largest buyer was Stephens Investment Management Group, adding an estimated $18.2M. The largest seller was Principal Financial Group, cutting an estimated $8.05M.
- 192 institutional investors held Encore Capital Group (ECPG) as of Q4 2023, up from 183 in Q3 2023.
- Funds reported $1.34B of Encore Capital Group stock for Q4 2023, up 7.6% quarter-over-quarter.
- 29 funds opened new Encore Capital Group positions in Q4 2023 and 20 closed out, a net change of +9 holders.
- The largest Encore Capital Group buyer in Q4 2023 was Stephens Investment Management Group, an estimated $18.2M added.
- The largest Encore Capital Group seller in Q4 2023 was Principal Financial Group, an estimated $8.05M sold.
Based on aggregated 13F filings for Q4 2023.