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 ($10.8m this quarter). Holder counts are more reliable. Shares outstanding: 21.2m as of 2026-07-29, 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 ≈ $93.25. Options: 6 managers hold calls ($167.8m notional), 3 hold puts ($10.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 209 |
| Q4 2022 | 197 |
| Q1 2023 | 191 |
| Q2 2023 | 187 |
| Q3 2023 | 186 |
| Q4 2023 | 194 |
| Q1 2024 | 193 |
| Q2 2024 | 176 |
| Q3 2024 | 179 |
| Q4 2024 | 195 |
| Q1 2025 | 181 |
| Q2 2025 | 204 |
| Q3 2025 | 214 |
| Q4 2025 | 223 |
| Q1 2026 | 246 |
| Q2 2026 | 286 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 76 | 84 |
| Q4 2024 | 88 | 77 |
| Q1 2025 | 77 | 107 |
| Q2 2025 | 108 | 85 |
| Q3 2025 | 106 | 102 |
| Q4 2025 | 97 | 103 |
| Q1 2026 | 125 | 93 |
| Q2 2026 | 156 | 110 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $75.0m | $1.6m | 0.02 |
| Q4 2025 | $95.7m | $1.4m | 0.01 |
| Q1 2026 | $123.2m | $9.5m | 0.08 |
| Q2 2026 | $167.8m | $10.4m | 0.06 |
Biggest buyers
| AMERICAN CENTURY COMPANIES INC | Added | +467.0k |
| Driehaus Capital Management LLC | New | +409.9k |
| Amundi | Added | +294.8k |
| Portolan Capital Management, LLC | New | +255.7k |
| Qube Research & Technologies Ltd | New | +251.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +193.1k |
| LAZARD ASSET MANAGEMENT LLC | Added | +189.0k |
| T. Rowe Price Investment Management, Inc. | New | +166.6k |
| FIRST TRUST ADVISORS LP | Added | +154.0k |
| HENNESSY ADVISORS INC | New | +111.4k |
Biggest sellers
| Stephens Investment Management Group LLC | Reduced | -1.0m |
| TURTLE CREEK ASSET MANAGEMENT INC. | Sold out | -388.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -347.2k |
| D. E. Shaw & Co., Inc. | Reduced | -309.1k |
| BlackRock, Inc. | Reduced | -214.3k |
| UBS Group AG | Reduced | -183.9k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -168.3k |
| JANE STREET GROUP, LLC | Reduced | -148.6k |
| BARCLAYS PLC | Reduced | -92.2k |
| Karl Kapital LLC | Reduced | -83.1k |
Biggest calls
| UBS Group AG | Unchanged | $162.8m1.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.6m28.4k shares |
| CITADEL ADVISORS LLC | New | $1.3m14.4k shares |
| IMC-Chicago, LLC | New | $494.4k5.3k shares |
| JANE STREET GROUP, LLC | Reduced | $466.4k5.0k shares |
| SIMPLEX TRADING, LLC | New | $56.0k600 shares |
Biggest puts
| HBK INVESTMENTS L P | Unchanged | $9.5m102.0k shares |
| CITADEL ADVISORS LLC | Reduced | $671.7k7.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $205.2k2.2k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $65.9k | $65.9k |
| Q1 2025 | 3 | $3.1m | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 3 | $514.6k | $264.6k |
| Q1 2026 | 0 | — | 1 | $517.7k | $517.7k |
| Q2 2026 | 0 | — | 2 | $1.1m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-11 | Yung John President, Intl. and Cabot | Sold | $161.0k2.0k shares |
| 2026-06-10 | Yung John President, Intl. and Cabot | Sold | $164.2k2.0k shares |
| 2026-06-10 | Asch Andrew Eric SVP, General Counsel | Sold | $63.5k774 shares |
| 2026-06-09 | Asch Andrew Eric SVP, General Counsel | Sold | $677.1k8.3k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 3.7m $343.2m | Reduced -214.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 1.3m $122.4m | Added +68.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.0m $97.7m | Added +40.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 911.3k $85.0m | Reduced -24.8k |
| STATE STREET CORP 0.00% of their portfolio | 856.2k $79.9m | Added +6.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 639.8k $59.7m | Added +17.3k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 631.8k $58.9m | Added +467.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 527.1k $49.2m | Added +193.1k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 490.1k $45.7m | Added +26.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 436.2k $40.5m | Reduced -13.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 426.1k $39.7m | Reduced -168.3k |
| Driehaus Capital Management LLC 0.22% of their portfolio | 409.9k $38.2m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 398.5k $37.2m | Reduced -48.5k |
| HEARTLAND ADVISORS INC 1.51% of their portfolio | 362.8k $33.8m | Reduced -25.6k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 361.7k $33.7m | Reduced -11.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 342.6k $32.0m | Reduced -347.2k |
| FMR LLC 0.00% of their portfolio | 338.7k $31.6m | Added +25.8k |
| Nuveen, LLC 0.01% of their portfolio | 332.5k $31.0m | Added +1.5k |
| MORGAN STANLEY 0.00% of their portfolio | 316.7k $29.5m | Reduced -2.7k |
| Amundi 0.01% of their portfolio | 304.2k $28.4m | Added +294.8k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 293.3k $27.4m | Added +10.3k |
| UBS Group AG 0.00% of their portfolio | 274.7k $25.6m | Reduced -183.9k |
| Stephens Investment Management Group LLC 0.26% of their portfolio | 264.8k $24.7m | Reduced -1.0m |
| Portolan Capital Management, LLC 0.89% of their portfolio | 255.7k $23.9m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 255.2k $23.8m | Added +6.0k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 251.4k $23.5m | New |
| BARCLAYS PLC 0.01% of their portfolio | 224.5k $20.9m | Reduced -92.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 213.3k $19.9m | Reduced -309.1k |
| Invesco Ltd. 0.00% of their portfolio | 195.4k $18.2m | Added +85.2k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 193.2k $18.0m | Added +189.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.29% of their portfolio | 176.5k $16.5m | Added +2.5k |
| ROYCE & ASSOCIATES LP 0.13% of their portfolio | 175.0k $16.3m | Reduced -34.6k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 166.6k $15.5m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 161.3k $15.0m | Added +154.0k |
| Hillsdale Investment Management Inc. 0.32% of their portfolio | 152.4k $14.2m | Added +9.6k |
| Dana Investment Advisors, Inc. 0.37% of their portfolio | 151.4k $14.1m | Reduced -2.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 147.8k $13.8m | Added +24.7k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 141.0k $13.2m | Reduced -1.9k |
| Karl Kapital LLC 7.75% of their portfolio | 139.5k $13.0m | Reduced -83.1k |
| BESSEMER GROUP INC 0.02% of their portfolio | 135.7k $12.7m | Unchanged |
| THIRD AVENUE MANAGEMENT LLC 1.94% of their portfolio | 129.7k $12.1m | Reduced -12.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 125.0k $11.7m | Reduced -5.2k |
| SG Americas Securities, LLC 0.01% of their portfolio | 118.0k $11.0m | Added +95.1k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 112.2k $10.5m | Added +100.5k |
| HENNESSY ADVISORS INC 0.33% of their portfolio | 111.4k $10.4m | New |
| Empowered Funds, LLC 0.05% of their portfolio | 110.2k $10.3m | Added +2.5k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 107.2k $10.0m | Reduced -16.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 106.2k $9.9m | Added +4.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 103.6k $9.7m | Reduced -4.8k |
| GLOBEFLEX CAPITAL L P 1.12% of their portfolio | 94.2k $8.8m | Reduced -1.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 88.0k $8.2m | Added +2.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 84.3k $7.9m | Reduced -38.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 78.0k $7.3m | Added +74.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 74.1k $6.9m | Reduced -5.4k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 73.6k $6.9m | Reduced -6.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 72.1k $6.7m | Added +9.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 72.1k $6.7m | Reduced -46.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 71.2k $6.6m | Added +5.0k |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 59.7k $5.6m | Reduced -11.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 59.7k $5.6m | Reduced -11.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 58.7k $5.5m | Reduced -20.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 56.2k $5.2m | Reduced -3.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 55.7k $5.2m | Reduced -8.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 54.6k $5.1m | Reduced -673 |
| NORGES BANK 0.00% of their portfolio | 53.0k $4.9m | Not comparable |
| Legal & General Group Plc 0.00% of their portfolio | 52.5k $4.9m | Reduced -119 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 48.8k $4.6m | Added +13.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 47.3k $4.4m | Reduced -148.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 46.7k $4.4m | Added +18.1k |
| Informed Momentum Co LLC 0.37% of their portfolio | 44.6k $4.2m | Reduced -705 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 44.2k $4.1m | Reduced -302 |
| Trexquant Investment LP 0.03% of their portfolio | 43.6k $4.1m | Added +35.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 43.2k $4.0m | Added +19.1k |
| Man Group plc 0.01% of their portfolio | 42.1k $3.9m | Added +11.0k |
| Campbell & CO Investment Adviser LLC 0.21% of their portfolio | 42.0k $3.9m | Added +3.5k |
| Creative Planning 0.00% of their portfolio | 41.6k $3.9m | Added +1.3k |
| Swiss National Bank 0.00% of their portfolio | 40.9k $3.8m | Reduced -3.2k |
| FJ Capital Management LLC 0.46% of their portfolio | 38.1k $3.6m | Reduced -2.6k |
| EJF Capital LP 2.37% of their portfolio | 38.0k $3.5m | Reduced -7.2k |
| SEIZERT CAPITAL PARTNERS, LLC 0.14% of their portfolio | 35.5k $3.3m | New |
| MEEDER ASSET MANAGEMENT INC 0.17% of their portfolio | 34.8k $3.2m | Added +32.4k |
| Inspire Investing, LLC 0.13% of their portfolio | 34.1k $3.2m | Added +26.6k |
| SEGALL BRYANT & HAMILL, LLC 0.04% of their portfolio | 32.4k $3.0m | Added +20.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 31.4k $2.9m | Added +4.1k |
| PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio | 30.2k $2.8m | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 29.5k $2.7m | Added +1.7k |
| Integrated Quantitative Investments LLC 0.44% of their portfolio | 28.7k $2.7m | Added +9.3k |
| VIRTUS ADVISERS, LLC 0.99% of their portfolio | 27.7k $2.6m | Reduced -1.4k |
| Carnegie Investment Counsel 0.05% of their portfolio | 27.4k $2.6m | Added +86 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 25.4k $1.8m | Added +4.3k |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 24.5k $2.3m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 24.4k $2.3m | Reduced -2.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 24.4k $2.3m | Added +23.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 24.3k $2.3m | Reduced -6.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 23.6k $2.2m | Reduced -50.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 23.3k $2.2m | Added +1.7k |
| CREDIT AGRICOLE S A 0.01% of their portfolio | 23.0k $2.1m | New |
| Mariner, LLC 0.00% of their portfolio | 22.8k $2.1m | Reduced -796 |
| Wakefield Asset Management LLLP 0.47% of their portfolio | 22.4k $2.1m | Reduced -489 |
| LPL Financial LLC 0.00% of their portfolio | 22.3k $2.1m | Added +13.9k |