Encore Capital Group
ECPG
160 hedge funds and large institutions have $1.27B invested in Encore Capital Group in 2017 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 53 reducing their positions, and 10 closing their positions.
210% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 10
15% more funds holding
Funds holding: 139 → 160 (+21)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 53
2.63% less ownership
Funds ownership: 119.41% → 116.78% (-2.6%)
7% less capital invested
Capital invested by funds: $1.36B → $1.27B (-$95.6M)
41% less call options, than puts
Call options by funds: $1.85M | Put options by funds: $3.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$28.8M |
| 2 |
BlackRock
New York
|
+$23.7M |
| 3 |
Millennium Management
New York
|
+$14.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.78M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.1M |
| 5 |
RMCP
Red Mountain Capital Partners
Los Angeles,
California
|
-$11.2M |
ECPG Hedge Fund Activity: Q4 2017 in Review
160 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q4 2017, worth a combined $1.27B — down 7% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ECPG positions and 10 closed out — a net gain of 21 holders — while 51 added to existing stakes and 53 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $28.8M. The largest seller was Fidelity Investments, cutting an estimated $22.1M.
- 160 institutional investors held Encore Capital Group (ECPG) as of Q4 2017, up from 139 in Q3 2017.
- Funds reported $1.27B of Encore Capital Group stock for Q4 2017, down 7% quarter-over-quarter.
- 31 funds opened new Encore Capital Group positions in Q4 2017 and 10 closed out, a net change of +21 holders.
- The largest Encore Capital Group buyer in Q4 2017 was Hennessy Advisors Inc, an estimated $28.8M added.
- The largest Encore Capital Group seller in Q4 2017 was Fidelity Investments, an estimated $22.1M sold.
Based on aggregated 13F filings for Q4 2017.