Encore Capital Group
ECPG
152 hedge funds and large institutions have $976M invested in Encore Capital Group in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 37 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
59% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 37
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more capital invested
Capital invested by funds: $814M → $976M (+$162M)
10% more funds holding
Funds holding: 138 → 152 (+14)
3.75% more ownership
Funds ownership: 112.32% → 116.06% (+3.7%)
92% less call options, than puts
Call options by funds: $3.62M | Put options by funds: $45.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$8.06M |
| 2 |
TA
Teachers Advisors
New York
|
+$7.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$7.31M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.06M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$22.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.93M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.44M |
| 4 |
Millennium Management
New York
|
-$1.3M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
151
Glenmede Trust
Philadelphia,
Pennsylvania
| $5 | – | – | – |
|
|
SFM
152
Systematic Financial Management
Teaneck,
New Jersey
| – | -$1.3M | -55,365 | Closed |
|
|
JG
153
Jefferies Group
New York
| – | -$425K | -18,100 | Closed |
|
|
BCM
154
Bayesian Capital Management
Brooklyn,
New York
| – | -$235K | -9,982 | Closed |
|
155
Walleye Trading
New York
| – | -$87K | -3,686 | Closed |
|
|
JA
156
JOYN Advisors
Atlanta,
Georgia
| – | -$6K | -252 | Closed |
|
157
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -135 | Closed |
|
|
IA
158
IFP Advisors
Tampa,
Florida
| – | -$1K | -36 | Closed |
|
|
QI
159
QS Investors
New York
| – | -$1K | -15 | Closed |
|
ECPG Hedge Fund Activity: Q1 2019 in Review
152 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2019, worth a combined $976M — up 20% from $814M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ECPG positions and 11 closed out — a net gain of 15 holders — while 59 added to existing stakes and 37 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $8.06M. The largest seller was Homestead Advisers, cutting an estimated $22.4M.
- 152 institutional investors held Encore Capital Group (ECPG) as of Q1 2019, up from 138 in Q4 2018.
- Funds reported $976M of Encore Capital Group stock for Q1 2019, up 20% quarter-over-quarter.
- 26 funds opened new Encore Capital Group positions in Q1 2019 and 11 closed out, a net change of +15 holders.
- The largest Encore Capital Group buyer in Q1 2019 was EJF Capital, an estimated $8.06M added.
- The largest Encore Capital Group seller in Q1 2019 was Homestead Advisers, an estimated $22.4M sold.
Based on aggregated 13F filings for Q1 2019.