Encore Capital Group
ECPG
162 hedge funds and large institutions have $1.18B invested in Encore Capital Group in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 49 reducing their positions, and 15 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 49
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
4.56% more ownership
Funds ownership: 121.39% → 125.95% (+4.6%)
3% more funds holding
Funds holding: 158 → 162 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less capital invested
Capital invested by funds: $1.41B → $1.18B (-$233M)
71% less call options, than puts
Call options by funds: $4.68M | Put options by funds: $15.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.9M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$11.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$6.77M |
| 4 |
Millennium Management
New York
|
+$6.52M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RMCP
Red Mountain Capital Partners
Los Angeles,
California
|
-$13.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.09M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.43M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$5.22M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.86M |
ECPG Hedge Fund Activity: Q2 2018 in Review
162 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q2 2018, worth a combined $1.18B — down 17% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ECPG positions and 15 closed out — a net gain of 5 holders — while 66 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $14.9M. The largest seller was Red Mountain Capital Partners, cutting an estimated $13.8M.
- 162 institutional investors held Encore Capital Group (ECPG) as of Q2 2018, up from 158 in Q1 2018.
- Funds reported $1.18B of Encore Capital Group stock for Q2 2018, down 17% quarter-over-quarter.
- 20 funds opened new Encore Capital Group positions in Q2 2018 and 15 closed out, a net change of +5 holders.
- The largest Encore Capital Group buyer in Q2 2018 was BlackRock, an estimated $14.9M added.
- The largest Encore Capital Group seller in Q2 2018 was Red Mountain Capital Partners, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2018.