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Encore Capital Group

134 hedge funds and large institutions have $897M invested in Encore Capital Group in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 41 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

122.68% more ownership

Funds ownership: 0%122.68% (+123%)

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

20% more capital invested

Capital invested by funds: $746M → $897M (+$151M)

20% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 41

2% more funds holding

Funds holding: 131134 (+3)

68% less call options, than puts

Call options by funds: $1.53M | Put options by funds: $4.84M

Holders
134
Holders Change
+3
Holders Change %
+2.29%
% of All Funds
3.35%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.1%
New
20
Increased
49
Reduced
41
Closed
16
Calls
$1.53M
Puts
$4.84M
Net Calls
-$3.31M
Net Calls Change
+$5.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$90.4M -$30M -1,227,301 -28%
BRIM
2
Broad Run Investment Management
Virginia
$78.8M +$6.83M +279,023 +11%
HA
3
Homestead Advisers
Virginia
$63.8M
William Blair Investment Management
4
William Blair Investment Management
Illinois
$59.8M +$3.34M +136,681 +7%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$56.2M +$19.8M +809,560 +70%
Vanguard Group
6
Vanguard Group
Pennsylvania
$56.1M +$1.36M +55,378 +3%
BFA
7
BlackRock Fund Advisors
California
$47.3M +$965K +39,438 +2%
RMCP
8
Red Mountain Capital Partners
California
$39.7M
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$36.6M -$351K -14,333 -1%
KI
10
Kalmar Investments
Delaware
$20.5M -$2.21M -90,491 -11%
PM
11
Pembroke Management
Quebec, Canada
$19.1M -$6.59M -269,300 -29%
LCP
12
Lombardia Capital Partners
California
$18.9M -$7.09M -289,843 -31%
BIT
13
BlackRock Institutional Trust
California
$18.5M -$95.1K -3,888 -0.6%
Deutsche Bank
14
Deutsche Bank
Germany
$17.6M +$5.34M +218,422 +55%
Northern Trust
15
Northern Trust
Illinois
$16.7M -$3.08M -125,980 -18%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$15.5M +$1.43M +58,439 +12%
CS
17
Credit Suisse
Switzerland
$14.9M +$2.33M +95,246 +22%
State Street
18
State Street
Massachusetts
$14.8M +$860K +35,128 +7%
Morgan Stanley
19
Morgan Stanley
New York
$14.1M +$3.65M +149,313 +44%
SGCIA
20
Smith Graham & Co Investment Advisors
Texas
$13M -$1.46M -59,640 -12%
SCC
21
Second Curve Capital
Pennsylvania
$13M +$11.1M +455,000 New
Prudential Financial
22
Prudential Financial
New Jersey
$10.6M -$264K -10,797 -3%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$10.3M +$8.35M +341,431 +2,075%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$10.1M +$239K +9,781 +3%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$9.91M -$8.93K -365 -0.1%

ECPG Hedge Fund Activity: Q4 2016 in Review

134 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q4 2016, worth a combined $897M — up 20% from $746M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new ECPG positions and 16 closed out — a net gain of 4 holders — while 49 added to existing stakes and 41 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $19.8M. The largest seller was Carlson Capital, exiting entirely with an estimated $35.9M sold.

  • 134 institutional investors held Encore Capital Group (ECPG) as of Q4 2016, up from 131 in Q3 2016.
  • Funds reported $897M of Encore Capital Group stock for Q4 2016, up 20% quarter-over-quarter.
  • 20 funds opened new Encore Capital Group positions in Q4 2016 and 16 closed out, a net change of +4 holders.
  • The largest Encore Capital Group buyer in Q4 2016 was T. Rowe Price Associates, an estimated $19.8M added.
  • The largest Encore Capital Group seller in Q4 2016 was Carlson Capital, an estimated $35.9M sold.

Based on aggregated 13F filings for Q4 2016.