Encore Capital Group
ECPG
188 hedge funds and large institutions have $1.36B invested in Encore Capital Group in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 63 increasing their positions, 78 reducing their positions, and 24 closing their positions.
11% more capital invested
Capital invested by funds: $1.22B → $1.36B (+$140M)
6.81% more ownership
Funds ownership: 108.29% → 115.11% (+6.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 194 → 188 (-6)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
19% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 78
86% less call options, than puts
Call options by funds: $1.61M | Put options by funds: $11.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$31M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$18.2M |
| 3 |
CCM
Corsair Capital Management
New York
|
+$7.43M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$7.12M |
| 5 |
Goldman Sachs
New York
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$28.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$15.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$14.2M |
| 4 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$10M |
| 5 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$10M |
ECPG Hedge Fund Activity: Q1 2023 in Review
188 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Encore Capital Group (ECPG) for Q1 2023, worth a combined $1.36B — up 11% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of ECPG and 20 opened new positions — a net loss of 4 holders — while 78 trimmed existing stakes and 63 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $31M. The largest seller was Bank of Montreal, cutting an estimated $28.8M.
- 188 institutional investors held Encore Capital Group (ECPG) as of Q1 2023, down from 194 in Q4 2022.
- Funds reported $1.36B of Encore Capital Group stock for Q1 2023, up 11% quarter-over-quarter.
- 20 funds opened new Encore Capital Group positions in Q1 2023 and 24 closed out, a net change of -4 holders.
- The largest Encore Capital Group buyer in Q1 2023 was Turtle Creek Asset Management, an estimated $31M added.
- The largest Encore Capital Group seller in Q1 2023 was Bank of Montreal, an estimated $28.8M sold.
Based on aggregated 13F filings for Q1 2023.