Encore Capital Group
ECPG
191 hedge funds and large institutions have $1.37B invested in Encore Capital Group in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 80 reducing their positions, and 46 closing their positions.
4% more call options, than puts
Call options by funds: $18M | Put options by funds: $17.4M
1% more capital invested
Capital invested by funds: $1.35B → $1.37B (+$20M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.2% less ownership
Funds ownership: 111.11% → 108.9% (-2.2%)
10% less funds holding
Funds holding: 212 → 191 (-21)
29% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 80
43% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$47.1M |
| 2 |
BlackRock
New York
|
+$17.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.82M |
| 4 |
Two Sigma Investments
New York
|
+$6.81M |
| 5 |
JP Morgan Chase
New York
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$41.2M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$12.6M |
| 3 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$10.9M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$10.4M |
| 5 |
Renaissance Technologies
New York
|
-$7.59M |
ECPG Hedge Fund Activity: Q1 2021 in Review
191 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2021, worth a combined $1.37B — up 1.5% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of ECPG and 26 opened new positions — a net loss of 20 holders — while 80 trimmed existing stakes and 57 added.
The largest buyer was Turtle Creek Asset Management, opening a new position worth an estimated $47.1M. The largest seller was Stephens Investment Management Group, cutting an estimated $41.2M.
- 191 institutional investors held Encore Capital Group (ECPG) as of Q1 2021, down from 212 in Q4 2020.
- Funds reported $1.37B of Encore Capital Group stock for Q1 2021, up 1.5% quarter-over-quarter.
- 26 funds opened new Encore Capital Group positions in Q1 2021 and 46 closed out, a net change of -20 holders.
- The largest Encore Capital Group buyer in Q1 2021 was Turtle Creek Asset Management, an estimated $47.1M added.
- The largest Encore Capital Group seller in Q1 2021 was Stephens Investment Management Group, an estimated $41.2M sold.
Based on aggregated 13F filings for Q1 2021.