Encore Capital Group
ECPG
131 hedge funds and large institutions have $1.25B invested in Encore Capital Group in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 41 reducing their positions, and 13 closing their positions.
33% more capital invested
Capital invested by funds: $937M → $1.25B (+$309M)
17% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 41
11% more call options, than puts
Call options by funds: $2.97M | Put options by funds: $2.68M
1.64% more ownership
Funds ownership: 118.97% → 120.61% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 134 → 131 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.66M |
| 4 |
SG Americas Securities
New York
|
+$5.83M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.9M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$6.28M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.34M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$3.49M |
| 5 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
-$2.59M |
ECPG Hedge Fund Activity: Q2 2017 in Review
131 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q2 2017, worth a combined $1.25B — up 33% from $937M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ECPG and 12 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 48 added.
The largest buyer was Fidelity Investments, adding an estimated $24.5M. The largest seller was Invesco, cutting an estimated $12.9M.
- 131 institutional investors held Encore Capital Group (ECPG) as of Q2 2017, down from 134 in Q1 2017.
- Funds reported $1.25B of Encore Capital Group stock for Q2 2017, up 33% quarter-over-quarter.
- 12 funds opened new Encore Capital Group positions in Q2 2017 and 13 closed out, a net change of -1 holder.
- The largest Encore Capital Group buyer in Q2 2017 was Fidelity Investments, an estimated $24.5M added.
- The largest Encore Capital Group seller in Q2 2017 was Invesco, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2017.