Encore Capital Group
ECPG
184 hedge funds and large institutions have $1.27B invested in Encore Capital Group in 2020 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 68 increasing their positions, 54 reducing their positions, and 16 closing their positions.
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
46% more capital invested
Capital invested by funds: $872M → $1.27B (+$401M)
26% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 54
13% more funds holding
Funds holding: 163 → 184 (+21)
0.7% less ownership
Funds ownership: 120.09% → 119.38% (-0.7%)
52% less call options, than puts
Call options by funds: $24.7M | Put options by funds: $51.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$18.2M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$8.86M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$7.36M |
| 4 |
Millennium Management
New York
|
+$7.25M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$41.9M |
| 2 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$9.27M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$4.94M |
| 4 |
JP Morgan Chase
New York
|
-$4.24M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.08M |
ECPG Hedge Fund Activity: Q2 2020 in Review
184 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q2 2020, worth a combined $1.27B — up 46% from $872M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new ECPG positions and 16 closed out — a net gain of 22 holders — while 68 added to existing stakes and 54 trimmed.
The largest buyer was BloombergSen, adding an estimated $18.2M. The largest seller was William Blair Investment Management, cutting an estimated $41.9M.
- 184 institutional investors held Encore Capital Group (ECPG) as of Q2 2020, up from 163 in Q1 2020.
- Funds reported $1.27B of Encore Capital Group stock for Q2 2020, up 46% quarter-over-quarter.
- 38 funds opened new Encore Capital Group positions in Q2 2020 and 16 closed out, a net change of +22 holders.
- The largest Encore Capital Group buyer in Q2 2020 was BloombergSen, an estimated $18.2M added.
- The largest Encore Capital Group seller in Q2 2020 was William Blair Investment Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2020.