Encore Capital Group
ECPG
164 hedge funds and large institutions have $1.35B invested in Encore Capital Group in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 63 increasing their positions, 60 reducing their positions, and 21 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 60
4% less funds holding
Funds holding: 170 → 164 (-6)
12% less capital invested
Capital invested by funds: $1.54B → $1.35B (-$184M)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
93% less call options, than puts
Call options by funds: $2.6M | Put options by funds: $39.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$13.5M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$10.1M |
| 3 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$9.16M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$7.65M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$4.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$103M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$11.5M |
| 3 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$7.69M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$7.46M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$4.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BUB
176
BBVA USA Bancshares
Houston,
Texas
| – | -$257K | -6,009 | Closed |
|
|
RCAG
177
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$237K | -5,540 | Closed |
|
|
PA
178
Profund Advisors
Bethesda,
Maryland
| – | -$217K | -5,078 | Closed |
|
179
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$216K | -5,044 | Closed |
|
180
Citadel Advisors
Miami,
Florida
| – | -$36.4K | -892 | -99% |
|
|
CFG
181
CKW Financial Group
Honolulu,
Hawaii
| – | -$24K | -572 | Closed |
|
182
Parallax Volatility Advisers
San Francisco,
California
| – | -$5K | -116 | Closed |
|
|
W
183
Wealthfront
Palo Alto,
California
| – | -$4K | -83 | Closed |
|
184
Walleye Trading
New York
| – | -$1K | -16 | Closed |
|
ECPG Hedge Fund Activity: Q3 2015 in Review
164 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q3 2015, worth a combined $1.35B — down 12% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ECPG and 16 opened new positions — a net loss of 5 holders — while 60 trimmed existing stakes and 63 added.
The largest buyer was Invesco, adding an estimated $13.5M. The largest seller was William Blair & Company, cutting an estimated $103M.
- 164 institutional investors held Encore Capital Group (ECPG) as of Q3 2015, down from 170 in Q2 2015.
- Funds reported $1.35B of Encore Capital Group stock for Q3 2015, down 12% quarter-over-quarter.
- 16 funds opened new Encore Capital Group positions in Q3 2015 and 21 closed out, a net change of -5 holders.
- The largest Encore Capital Group buyer in Q3 2015 was Invesco, an estimated $13.5M added.
- The largest Encore Capital Group seller in Q3 2015 was William Blair & Company, an estimated $103M sold.
Based on aggregated 13F filings for Q3 2015.