Encore Capital Group
ECPG
132 hedge funds and large institutions have $749M invested in Encore Capital Group in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 20 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
7% less funds holding
Funds holding: 142 → 132 (-10)
8% less capital invested
Capital invested by funds: $818M → $749M (-$69.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
94% less call options, than puts
Call options by funds: $588K | Put options by funds: $9.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25.8M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$4.68M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.5M |
| 4 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$2.54M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$18.6M |
| 2 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$10.8M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$6.86M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$6.13M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.32M |
ECPG Hedge Fund Activity: Q3 2016 in Review
132 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q3 2016, worth a combined $749M — down 8.5% from $818M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ECPG and 12 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 52 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $25.8M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $18.6M sold.
- 132 institutional investors held Encore Capital Group (ECPG) as of Q3 2016, down from 142 in Q2 2016.
- Funds reported $749M of Encore Capital Group stock for Q3 2016, down 8.5% quarter-over-quarter.
- 12 funds opened new Encore Capital Group positions in Q3 2016 and 20 closed out, a net change of -8 holders.
- The largest Encore Capital Group buyer in Q3 2016 was T. Rowe Price Associates, an estimated $25.8M added.
- The largest Encore Capital Group seller in Q3 2016 was Stephens Investment Management Group, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2016.