ENCORE CAP GROUP INC ECPG
COM · Common Stock · CUSIP 292554102
American financial-services company
- SectorFinancials
- IndustryShort-Term Business Credit Institutions
- HeadquartersSan Diego, CA
- Founded1953
- Websiteencorecapital.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.5m this quarter). Holder counts are more reliable. Shares outstanding: 23.5m as of 2023-07-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $48.64. Options: 5 managers hold calls ($1.2m notional), 7 hold puts ($14.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 209 |
| Q4 2022 | 197 |
| Q1 2023 | 191 |
| Q2 2023 | 187 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 75 | 113 |
| Q1 2023 | 85 | 101 |
| Q2 2023 | 66 | 104 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $16.6m | $24.0m | 1.44 |
| Q4 2022 | $5.2m | $4.9m | 0.93 |
| Q1 2023 | $1.6m | $11.4m | 7.03 |
| Q2 2023 | $1.2m | $14.1m | 11.57 |
Biggest buyers
| BARCLAYS PLC | Added | +130.6k |
| CITADEL ADVISORS LLC | Added | +123.5k |
| No Street GP LP | New | +115.1k |
| Man Group plc | New | +108.3k |
| UBS Group AG | Added | +86.0k |
| Stephens Investment Management Group LLC | Added | +85.9k |
| ROYCE & ASSOCIATES LP | Added | +79.8k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Added | +63.8k |
| Prospect Capital Advisors, LLC | Added | +61.7k |
| Empowered Funds, LLC | Added | +59.5k |
Biggest sellers
| FMR LLC | Reduced | -1.6m |
| Sparta 24 Ltd. | Reduced | -246.8k |
| Russell Investments Group, Ltd. | Reduced | -155.1k |
| CORSAIR CAPITAL MANAGEMENT, L.P. | Reduced | -146.1k |
| Man Group plc | Sold out | -124.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -83.0k |
| BloombergSen Inc. | Reduced | -76.3k |
| Invesco Ltd. | Reduced | -73.9k |
| Mesirow Institutional Investment Management, Inc. | Sold out | -70.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -67.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $782.8k16.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $423.0k8.7k shares |
| PEAK6 Investments LLC | Reduced | $14.6k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Unchanged | $0100 shares |
Biggest puts
| HBK INVESTMENTS L P | Unchanged | $8.2m169.1k shares |
| DLD Asset Management, LP | New | $3.4m71.0k shares |
| CITADEL ADVISORS LLC | Added | $967.5k19.9k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | $734.2k15.1k shares |
| PEAK6 Investments LLC | Added | $646.6k13.3k shares |
| SIMPLEX TRADING, LLC | Added | $106.0k2.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 15.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.9% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +0.3 pts · filed 2026-10-08 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: Stephens Investment Management Group LLC (1.2%, 2026-08-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Turtle Creek Asset Management Inc. (4.4%, 2026-02-17)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $2.4m | — |
| Q1 2022 | 0 | — | 2 | $3.2m | — |
| Q2 2022 | 0 | — | 1 | $51.0k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $50.6k | $50.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-20 | OLLE LAURA Director | Sold plan | $50.6k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 3.8m $186.4m | Reduced -38.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.6m $124.3m | Reduced -41.3k |
| TURTLE CREEK ASSET MANAGEMENT INC. 3.02% of their portfolio | 2.2m $105.2m | Added +63.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.9m $93.5m | Reduced -26.4k |
| FMR LLC 0.01% of their portfolio | 1.7m $81.1m | Reduced -1.6m |
| Broad Run Investment Management, LLC 7.19% of their portfolio | 1.2m $60.8m | Reduced -65.9k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.1m $52.8m | Reduced -29.7k |
| BloombergSen Inc. 4.05% of their portfolio | 940.0k $45.7m | Reduced -76.3k |
| STATE STREET CORP 0.00% of their portfolio | 884.9k $43.0m | Added +1.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 840.0k $40.8m | Added +2.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 478.9k $23.3m | Added +18.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 411.1k $20.0m | Added +5.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 351.3k $17.1m | Added +3.9k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 342.0k $16.6m | Added +2.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 335.5k $16.3m | Added +30.7k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 319.4k $15.5m | Reduced -21.8k |
| Stephens Investment Management Group LLC 0.24% of their portfolio | 316.2k $15.4m | Added +85.9k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 297.5k $14.6m | Added +42.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 267.4k $13.0m | Added +26.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.31% of their portfolio | 264.4k $12.9m | Reduced -14.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 254.6k $12.4m | Reduced -8.7k |
| Bernzott Capital Advisors 2.51% of their portfolio | 239.0k $11.6m | Reduced -14.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 238.9k $11.6m | Reduced -4.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 232.7k $11.3m | Added +123.5k |
| Invesco Ltd. 0.00% of their portfolio | 219.4k $10.7m | Reduced -73.9k |
| NORGES BANK 0.00% of their portfolio | 205.9k $10.0m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 196.5k $9.6m | Reduced -18.6k |
| Smith, Graham & Co., Investment Advisors, LP 1.14% of their portfolio | 193.4k $9.4m | Reduced -8.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 181.2k $8.8m | Reduced -15.6k |
| Prospect Capital Advisors, LLC 3.31% of their portfolio | 179.7k $8.7m | Added +61.7k |
| MORGAN STANLEY 0.00% of their portfolio | 163.8k $8.0m | Reduced -31.2k |
| BARCLAYS PLC 0.00% of their portfolio | 153.8k $7.5m | Added +130.6k |
| THIRD AVENUE MANAGEMENT LLC 1.16% of their portfolio | 145.0k $7.0m | Added +12.1k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 135.5k $6.6m | Added +79.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 130.9k $6.4m | Reduced -5.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 120.9k $5.9m | Added +31.8k |
| Homestead Advisers Corp 0.15% of their portfolio | 116.3k $5.7m | Unchanged |
| No Street GP LP 0.66% of their portfolio | 115.1k $5.6m | New |
| Man Group plc 0.02% of their portfolio | 108.3k $5.3m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 95.2k $4.6m | Reduced -48.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 93.3k $4.5m | Added +49.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 91.6k $4.5m | Reduced -83.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 88.3k $4.3m | Reduced -67.6k |
| Empowered Funds, LLC 0.15% of their portfolio | 87.9k $4.3m | Added +59.5k |
| EA Series Trust 0.15% of their portfolio | 87.9k $4.3m | First filing |
| UBS Group AG 0.00% of their portfolio | 87.0k $4.2m | Added +86.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 81.4k $4.0m | Reduced -67.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 74.9k $3.6m | Reduced -2.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 73.1k $3.6m | Reduced -9.8k |
| Legal & General Group Plc 0.00% of their portfolio | 67.7k $3.3m | Reduced -1.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 63.3k $3.1m | Unchanged |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 61.6k $3.0m | Reduced -28.4k |
| HRT FINANCIAL LP 0.03% of their portfolio | 56.1k $2.7m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 54.8k $2.7m | Added +16.2k |
| Swiss National Bank 0.00% of their portfolio | 50.8k $2.5m | Added +400 |
| SG Capital Management LLC 0.96% of their portfolio | 48.2k $2.3m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 47.1k $2.3m | Added +6.1k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 41.7k $2.0m | Added +550 |
| EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio | 39.2k $1.9m | Reduced -8.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 37.8k $1.9m | Unchanged |
| BURNEY CO/ 0.08% of their portfolio | 37.7k $1.8m | Reduced -744 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 36.1k $1.8m | Reduced -400 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 35.6k $1.7m | Reduced -825 |
| Millrace Asset Group, Inc. 1.77% of their portfolio | 34.8k $1.7m | Reduced -1.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 32.8k $1.9m | Reduced -31.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 31.4k $1.5m | Reduced -3.2k |
| TD Asset Management Inc 0.00% of their portfolio | 30.8k $1.5m | Reduced -1.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 29.9k $1.5m | Reduced -4.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 29.1k $1.4m | Added +1.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 28.3k $1.4m | Reduced -900 |
| SHAKER INVESTMENTS LLC/OH 0.68% of their portfolio | 27.5k $1.3m | Reduced -28.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 27.0k $1.3m | Added +1.5k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 26.5k $1.3m | Added +1.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 25.8k $1.3m | Added +323 |
| EJF Capital LP 0.56% of their portfolio | 25.2k $1.2m | Unchanged |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 25.0k $1.2m | Reduced -712 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 24.9k $1.2m | Added +2.2k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 24.5k $1.2m | Reduced -6.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 22.1k $1.1m | Reduced -59.7k |
| CITIGROUP INC 0.00% of their portfolio | 20.7k $1.0m | Added +6.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 20.6k $1.0m | Reduced -306 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 20.2k $980.7k | Reduced -155.1k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.02% of their portfolio | 20.1k $979.4k | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 20.1k $978.0k | Added +1.7k |
| Salvus Wealth Management, LLC 0.72% of their portfolio | 19.4k $941.7k | Added +545 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 17.7k $859.7k | Reduced -9.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 16.8k $818.9k | Added +1.4k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 16.7k $811.7k | Reduced -16 |
| South Dakota Investment Council 0.02% of their portfolio | 15.7k $765.0k | Unchanged |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 15.5k $751.0k | Reduced -563 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 15.3k $745.8k | Reduced -14.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.8k $719.0k | Reduced -51 |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 14.8k $717.7k | Unchanged |
| Weiss Multi-Strategy Advisers LLC 0.01% of their portfolio | 14.0k $681.0k | Reduced -60.6k |
| SHEETS SMITH WEALTH MANAGEMENT 0.10% of their portfolio | 13.7k $667.5k | Unchanged |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 13.4k $651.3k | New |
| Sigma Planning Corp 0.02% of their portfolio | 12.5k $610.0k | Added +109 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 12.5k $609.1k | Reduced -703 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 12.5k $607.6k | Reduced -164 |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 12.3k $598.0k | Added +1.4k |