Encore Capital Group
ECPG
157 hedge funds and large institutions have $1.26B invested in Encore Capital Group in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 42 reducing their positions, and 17 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 42
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more capital invested
Capital invested by funds: $976M → $1.26B (+$283M)
3.95% more ownership
Funds ownership: 116.06% → 120.01% (+4%)
3% more funds holding
Funds holding: 152 → 157 (+5)
82% less call options, than puts
Call options by funds: $8.49M | Put options by funds: $47.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$12M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.48M |
| 3 |
BlackRock
New York
|
+$7.46M |
| 4 |
Morgan Stanley
New York
|
+$7.26M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$7.35M |
| 2 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$6.37M |
| 3 |
Bank of New York Mellon
New York
|
-$6.35M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$3.59M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.15M |
ECPG Hedge Fund Activity: Q2 2019 in Review
157 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q2 2019, worth a combined $1.26B — up 29% from $976M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ECPG positions and 17 closed out — a net gain of 8 holders — while 64 added to existing stakes and 42 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $12M. The largest seller was EJF Capital, exiting entirely with an estimated $7.35M sold.
- 157 institutional investors held Encore Capital Group (ECPG) as of Q2 2019, up from 152 in Q1 2019.
- Funds reported $1.26B of Encore Capital Group stock for Q2 2019, up 29% quarter-over-quarter.
- 25 funds opened new Encore Capital Group positions in Q2 2019 and 17 closed out, a net change of +8 holders.
- The largest Encore Capital Group buyer in Q2 2019 was Nuveen, an estimated $12M added.
- The largest Encore Capital Group seller in Q2 2019 was EJF Capital, an estimated $7.35M sold.
Based on aggregated 13F filings for Q2 2019.