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Encore Capital Group

163 hedge funds and large institutions have $873M invested in Encore Capital Group in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 50

3% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 29

2% less funds holding

Funds holding: 166163 (-3)

2.47% less ownership

Funds ownership: 122.62%120.15% (-2.5%)

17% less call options, than puts

Call options by funds: $13.1M | Put options by funds: $15.9M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

35% less capital invested

Capital invested by funds: $1.35B → $873M (-$474M)

Holders
163
Holders Change
-3
Holders Change %
-1.81%
% of All Funds
3.59%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
28
Increased
56
Reduced
50
Closed
29
Calls
$13.1M
Puts
$15.9M
Net Calls
-$2.76M
Net Calls Change
+$42.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$102M -$2.85M -84,808 -2%
BRIM
2
Broad Run Investment Management
Virginia
$89.6M +$32K +952 +0%
Vanguard Group
3
Vanguard Group
Pennsylvania
$74.3M +$780K +23,180 +0.7%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$52.9M -$17M -505,569 -18%
William Blair Investment Management
5
William Blair Investment Management
Illinois
$48.1M -$42.6M -1,266,094 -38%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$46.1M +$2.44M +72,501 +4%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$44M +$511K +15,177 +0.8%
Invesco
8
Invesco
Georgia
$39.8M -$13.1M -389,739 -19%
SIMG
9
Stephens Investment Management Group
Texas
$39.5M +$30M +892,133 +112%
State Street
10
State Street
Massachusetts
$22.3M +$2.11M +62,736 +7%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$21.5M +$30.9M +918,552 New
Northern Trust
12
Northern Trust
Illinois
$16.9M +$7.13K +212 +0%
ClearBridge Investments
13
ClearBridge Investments
New York
$15.9M +$236K +7,017 +1%
B
14
BloombergSen
Ontario, Canada
$15.9M -$2.93M -86,997 -11%
WRF
15
Waddell & Reed Financial
Kansas
$11.6M +$1.22M +36,157 +8%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$10.1M +$808K +24,027 +6%
N
17
Nuveen
North Carolina
$8.91M +$143K +4,257 +1%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$8.75M -$200K -5,937 -2%
Bank of America
19
Bank of America
North Carolina
$8.41M -$961K -28,561 -7%
JAM
20
Jacobs Asset Management
New York
$8.19M +$11.5M +343,017 +4,723%
Prudential Financial
21
Prudential Financial
New Jersey
$7.31M +$46K +1,366 +0.4%
PM
22
Pembroke Management
Quebec, Canada
$7.18M -$4.35M -129,255 -30%
Norges Bank
23
Norges Bank
Norway
$7.18M
SGCIA
24
Smith Graham & Co Investment Advisors
Texas
$6.9M -$1.26M -37,424 -11%
CS
25
Credit Suisse
Switzerland
$6.61M -$6.04M -179,432 -39%

ECPG Hedge Fund Activity: Q1 2020 in Review

163 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2020, worth a combined $873M — down 35% from $1.35B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of ECPG and 28 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 56 added.

The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $30.9M. The largest seller was William Blair Investment Management, cutting an estimated $42.6M.

  • 163 institutional investors held Encore Capital Group (ECPG) as of Q1 2020, down from 166 in Q4 2019.
  • Funds reported $873M of Encore Capital Group stock for Q1 2020, down 35% quarter-over-quarter.
  • 28 funds opened new Encore Capital Group positions in Q1 2020 and 29 closed out, a net change of -1 holder.
  • The largest Encore Capital Group buyer in Q1 2020 was Massachusetts Financial Services, an estimated $30.9M added.
  • The largest Encore Capital Group seller in Q1 2020 was William Blair Investment Management, an estimated $42.6M sold.

Based on aggregated 13F filings for Q1 2020.