Encore Capital Group
ECPG
135 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.
122.68% more ownership
Funds ownership: 0% → 122.68% (+123%)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
20% more capital invested
Capital invested by funds: $749M → $897M (+$148M)
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
2% more funds holding
Funds holding: 132 → 135 (+3)
68% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $4.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19.8M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$11.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$8.35M |
| 4 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$6.83M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$35.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$30M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$17.4M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$7.52M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$7.09M |
ECPG Hedge Fund Activity: Q4 2016 in Review
135 of the 4,008 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 $749M 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.
- 135 institutional investors held Encore Capital Group (ECPG) as of Q4 2016, up from 132 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.