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Encore Capital Group

131 hedge funds and large institutions have $746M 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.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 45

7% less funds holding

Funds holding: 141131 (-10)

9% less capital invested

Capital invested by funds: $818M → $746M (-$71.4M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-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

Holders
131
Holders Change
-10
Holders Change %
-7.09%
% of All Funds
3.5%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
12
Increased
52
Reduced
45
Closed
20
Calls
$588K
Puts
$9.2M
Net Calls
-$8.61M
Net Calls Change
+$926K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$98.5M +$1.09M +48,382 +1%
BRIM
2
Broad Run Investment Management
Virginia
$55.6M +$1.01M +44,973 +2%
HA
3
Homestead Advisers
Virginia
$50.1M
William Blair Investment Management
4
William Blair Investment Management
Illinois
$43.9M +$535K +23,713 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$42.8M +$1.08M +47,809 +3%
BFA
6
BlackRock Fund Advisors
California
$36.2M +$2.14M +94,848 +6%
CC
7
Carlson Capital
Texas
$35.9M +$4.68M +207,550 +15%
RMCP
8
Red Mountain Capital Partners
California
$31.2M +$564K +25,000 +2%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$29M -$255K -11,317 -0.9%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$25.9M +$25.8M +1,143,880 +11,953%
LCP
11
Lombardia Capital Partners
California
$21.3M -$3.33M -147,862 -13%
PM
12
Pembroke Management
Quebec, Canada
$21M -$6.13M -272,000 -23%
Wells Fargo
13
Wells Fargo
California
$20.6M -$1.69M -75,139 -8%
KI
14
Kalmar Investments
Delaware
$18.1M -$1.08M -48,035 -6%
Northern Trust
15
Northern Trust
Illinois
$15.9M -$2.66M -117,813 -14%
BIT
16
BlackRock Institutional Trust
California
$14.6M +$128K +5,679 +0.9%
SGCIA
17
Smith Graham & Co Investment Advisors
Texas
$11.6M +$2.54M +112,500 +28%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$10.8M +$11.2K +499 +0.1%
State Street
19
State Street
Massachusetts
$10.8M +$93.8K +4,161 +0.9%
CS
20
Credit Suisse
Switzerland
$9.58M -$287K -12,719 -3%
Deutsche Bank
21
Deutsche Bank
Germany
$8.87M -$4.32M -191,588 -33%
Prudential Financial
22
Prudential Financial
New Jersey
$8.55M +$507K +22,475 +6%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$7.78M -$544K -24,148 -7%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$7.71M +$3.5M +155,452 +83%
Morgan Stanley
25
Morgan Stanley
New York
$7.7M -$750K -33,261 -9%

ECPG Hedge Fund Activity: Q3 2016 in Review

131 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q3 2016, worth a combined $746M — down 8.7% 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.

  • 131 institutional investors held Encore Capital Group (ECPG) as of Q3 2016, down from 141 in Q2 2016.
  • Funds reported $746M of Encore Capital Group stock for Q3 2016, down 8.7% 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.