Encore Capital Group
ECPG
158 hedge funds and large institutions have $1.41B invested in Encore Capital Group in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 75 increasing their positions, 41 reducing their positions, and 19 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 41
61% more call options, than puts
Call options by funds: $6.71M | Put options by funds: $4.17M
11% more capital invested
Capital invested by funds: $1.27B → $1.41B (+$145M)
4.61% more ownership
Funds ownership: 116.78% → 121.39% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 160 → 158 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$19.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.2M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$9.84M |
| 4 |
Millennium Management
New York
|
+$9.76M |
| 5 |
Morgan Stanley
New York
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RMCP
Red Mountain Capital Partners
Los Angeles,
California
|
-$14.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.85M |
| 3 |
Bank of New York Mellon
New York
|
-$5.76M |
| 4 |
CS
Central Securities
New York
|
-$4.21M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$3.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
176
Advisor Group
Phoenix,
Arizona
| – | -$1K | -24 | Closed |
|
177
AssetMark Inc
Concord,
California
| – | -$299 | -7 | -88% |
|
ECPG Hedge Fund Activity: Q1 2018 in Review
158 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2018, worth a combined $1.41B — up 11% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ECPG and 17 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 75 added.
The largest buyer was William Blair Investment Management, adding an estimated $19.5M. The largest seller was Red Mountain Capital Partners, cutting an estimated $14.6M.
- 158 institutional investors held Encore Capital Group (ECPG) as of Q1 2018, down from 160 in Q4 2017.
- Funds reported $1.41B of Encore Capital Group stock for Q1 2018, up 11% quarter-over-quarter.
- 17 funds opened new Encore Capital Group positions in Q1 2018 and 19 closed out, a net change of -2 holders.
- The largest Encore Capital Group buyer in Q1 2018 was William Blair Investment Management, an estimated $19.5M added.
- The largest Encore Capital Group seller in Q1 2018 was Red Mountain Capital Partners, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2018.