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Encore Capital Group

152 hedge funds and large institutions have $976M invested in Encore Capital Group in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 37 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 11

59% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 37

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

20% more capital invested

Capital invested by funds: $814M → $976M (+$162M)

10% more funds holding

Funds holding: 138152 (+14)

3.75% more ownership

Funds ownership: 112.32%116.06% (+3.7%)

92% less call options, than puts

Call options by funds: $3.62M | Put options by funds: $45.7M

Holders
152
Holders Change
+14
Holders Change %
+10.14%
% of All Funds
3.29%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.06%
New
26
Increased
59
Reduced
37
Closed
11
Calls
$3.62M
Puts
$45.7M
Net Calls
-$42.1M
Net Calls Change
-$9.74M
Name Holding Trade Value Shares
Change
Change in
Stake
BRIM
1
Broad Run Investment Management
Virginia
$106M +$155K +5,181 +0.1%
BlackRock
2
BlackRock
New York
$104M +$429K +14,371 +0.4%
William Blair Investment Management
3
William Blair Investment Management
Illinois
$91M -$17.6K -591 -0%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$84.9M +$6.06M +203,086 +7%
Vanguard Group
5
Vanguard Group
Pennsylvania
$84.7M +$6.01M +201,453 +7%
Invesco
6
Invesco
Georgia
$59.3M +$200K +6,689 +0.3%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$42.3M +$144K +4,825 +0.3%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$38.1M -$1.44M -48,364 -3%
HA
9
Homestead Advisers
Virginia
$27.3M -$22.4M -751,300 -43%
B
10
BloombergSen
Ontario, Canada
$20M +$670K +22,446 +3%
State Street
11
State Street
Massachusetts
$19.8M +$764K +25,605 +4%
Northern Trust
12
Northern Trust
Illinois
$18.2M +$112K +3,738 +0.6%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$15M +$3.78M +126,448 +30%
SIMG
14
Stephens Investment Management Group
Texas
$15M +$948K +31,750 +6%
CS
15
Credit Suisse
Switzerland
$14.4M +$2.34M +78,425 +17%
SCC
16
Second Curve Capital
Pennsylvania
$13.7M -$325K -10,900 -2%
PM
17
Pembroke Management
Quebec, Canada
$13.5M -$210K -7,050 -1%
ClearBridge Investments
18
ClearBridge Investments
New York
$12.3M +$446K +14,930 +3%
SGCIA
19
Smith Graham & Co Investment Advisors
Texas
$9.27M -$112K -3,740 -1%
Morgan Stanley
20
Morgan Stanley
New York
$8.93M +$181K +6,072 +2%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$8.83M +$350K +11,716 +4%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$8.75M +$1.79M +59,946 +23%
TA
23
Teachers Advisors
New York
$8.62M +$7.9M +264,770 +511%
Norges Bank
24
Norges Bank
Norway
$8.36M
PCM
25
Peregrine Capital Management
Minnesota
$8.25M +$510K +17,099 +6%

ECPG Hedge Fund Activity: Q1 2019 in Review

152 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2019, worth a combined $976M — up 20% from $814M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new ECPG positions and 11 closed out — a net gain of 15 holders — while 59 added to existing stakes and 37 trimmed.

The largest buyer was EJF Capital, opening a new position worth an estimated $8.06M. The largest seller was Homestead Advisers, cutting an estimated $22.4M.

  • 152 institutional investors held Encore Capital Group (ECPG) as of Q1 2019, up from 138 in Q4 2018.
  • Funds reported $976M of Encore Capital Group stock for Q1 2019, up 20% quarter-over-quarter.
  • 26 funds opened new Encore Capital Group positions in Q1 2019 and 11 closed out, a net change of +15 holders.
  • The largest Encore Capital Group buyer in Q1 2019 was EJF Capital, an estimated $8.06M added.
  • The largest Encore Capital Group seller in Q1 2019 was Homestead Advisers, an estimated $22.4M sold.

Based on aggregated 13F filings for Q1 2019.