Encore Capital Group
ECPG
134 hedge funds and large institutions have $937M invested in Encore Capital Group in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
4% more capital invested
Capital invested by funds: $897M → $937M (+$40.1M)
1% less funds holding
Funds holding: 135 → 134 (-1)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
3.7% less ownership
Funds ownership: 122.68% → 118.97% (-3.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
86% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $7.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$78M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.8M |
| 3 |
Bank of New York Mellon
New York
|
+$8.46M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.31M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$19M |
| 2 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$14.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.02M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.28M |
ECPG Hedge Fund Activity: Q1 2017 in Review
134 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2017, worth a combined $937M — up 4.5% from $897M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ECPG positions and 10 closed out — a net gain of 5 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $78M. The largest seller was Lombardia Capital Partners, cutting an estimated $19M.
- 134 institutional investors held Encore Capital Group (ECPG) as of Q1 2017, down from 135 in Q4 2016.
- Funds reported $937M of Encore Capital Group stock for Q1 2017, up 4.5% quarter-over-quarter.
- 15 funds opened new Encore Capital Group positions in Q1 2017 and 10 closed out, a net change of +5 holders.
- The largest Encore Capital Group buyer in Q1 2017 was BlackRock, an estimated $78M added.
- The largest Encore Capital Group seller in Q1 2017 was Lombardia Capital Partners, an estimated $19M sold.
Based on aggregated 13F filings for Q1 2017.