Encore Capital Group
ECPG
159 hedge funds and large institutions have $1.54B invested in Encore Capital Group in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 78 increasing their positions, 52 reducing their positions, and 30 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 52
2% more capital invested
Capital invested by funds: $1.51B → $1.54B (+$30.6M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
12% less funds holding
Funds holding: 180 → 159 (-21)
47% less call options, than puts
Call options by funds: $341K | Put options by funds: $645K
70% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$13.6M |
| 2 |
SG Americas Securities
New York
|
+$12.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.56M |
| 4 |
NRECA
National Rural Electric Cooperative Association
Arlington,
Virginia
|
+$9.25M |
| 5 |
Morgan Stanley
New York
|
+$9.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11.3M |
| 2 |
LA
Linden Advisors
New York
|
-$7.41M |
| 3 |
D.E. Shaw & Co
New York
|
-$5.31M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.29M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$4.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QSS
176
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$505K | -11,116 | Closed |
|
177
Wellington Management Group
Boston,
Massachusetts
| – | -$474K | -10,392 | Closed |
|
178
Lord, Abbett & Co
Jersey City,
New Jersey
| – | -$462K | -10,100 | Closed |
|
179
Tudor Investment Corp
Stamford,
Connecticut
| – | -$366K | -8,000 | Closed |
|
|
GCP
180
GSA Capital Partners
London,
United Kingdom
| – | -$344K | -7,529 | Closed |
|
|
HI
181
HBK Investments
Dallas,
Texas
| – | -$315K | -6,900 | Closed |
|
182
Two Sigma Investments
New York
| – | -$307K | -6,717 | Closed |
|
|
DTL
183
Dynamic Technology Lab
Singapore
| – | -$294K | -6,431 | Closed |
|
|
PSC
184
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$229K | -5,000 | Closed |
|
|
IRS
185
Invictus RG (Singapore)
Singapore
| – | -$160K | -3,496 | Closed |
|
|
QT
186
Quantbot Technologies
New York
| – | -$132K | -2,900 | Closed |
|
|
LTFS
187
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$11K | -235 | Closed |
|
|
WA
188
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$2K | -47 | Closed |
|
ECPG Hedge Fund Activity: Q2 2014 in Review
159 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q2 2014, worth a combined $1.54B — up 2% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ECPG and 9 opened new positions — a net loss of 21 holders — while 52 trimmed existing stakes and 78 added.
The largest buyer was EJF Capital, adding an estimated $13.6M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $11.3M sold.
- 159 institutional investors held Encore Capital Group (ECPG) as of Q2 2014, down from 180 in Q1 2014.
- Funds reported $1.54B of Encore Capital Group stock for Q2 2014, up 2% quarter-over-quarter.
- 9 funds opened new Encore Capital Group positions in Q2 2014 and 30 closed out, a net change of -21 holders.
- The largest Encore Capital Group buyer in Q2 2014 was EJF Capital, an estimated $13.6M added.
- The largest Encore Capital Group seller in Q2 2014 was Eagle Asset Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2014.