Vault-13

ENCORE CAP GROUP INC ECPG 4 03.15.29

NOTE 4.000% 3/1 · US DOMESTIC · CUSIP 292554AP7

17 institutional holders -3 vs Q3 2024
16,424,00016.4m shares reported held*
$259.3mreported value*
2 new 7 added 4 reduced 5 sold out net bought ≈ $15.4m (-2.8m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $15.79.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

01020Q1 24: 19Q2 24: 19Q3 24: 20Q4 24: 1717Q1 24Q2 24Q3 24Q4 24
Numbers
QuarterHolders
Q1 202419
Q2 202419
Q3 202420
Q4 202417

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q2 24: 6 bought or addedQ2 24: 12 cut or sold outQ2 24Q3 24: 6 bought or addedQ3 24: 8 cut or sold outQ3 24Q4 24: 9 bought or addedQ4 24: 9 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q2 2024612
Q3 202468
Q4 202499

Biggest buyers

HBK INVESTMENTS L P Added +11,950,000+11.9m
Linden Advisors LP Added +8,550,000+8.6m
ARISTEIA CAPITAL, L.L.C. New +6,000,000+6.0m
LAZARD ASSET MANAGEMENT LLC Added +5,950,000+6.0m
UBS Group AG New +5,133,000+5.1m
BNP PARIBAS FINANCIAL MARKETS Added +4,314,000+4.3m
WHITEBOX ADVISORS LLC Added +3,000,000+3.0m
JPMORGAN CHASE & CO Added +1,003,000+1.0m
Nuveen Asset Management, LLC Added +335,000+335.0k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -13,410,000-13.4m
DLD Asset Management, LP Sold out -8,500,000-8.5m
AMERIPRISE FINANCIAL INC Reduced -3,000,000-3.0m
Thrivent Financial for Lutherans Reduced -2,715,000-2.7m
BOOTHBAY FUND MANAGEMENT, LLC Sold out -1,776,000-1.8m
BANK OF MONTREAL /CAN/ Sold out -610,000-610.0k
MORGAN STANLEY Sold out -581,000-581.0k
CITIGROUP INC Reduced -304,000-304.0k
Saltoro Capital, LP Sold out -100,000-100.0k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.46% of their portfolio New York, NY 55,015,00055.0m $55.8m $55.8m 0.46% Added +8.6m +8,550,000
2 WHITEBOX ADVISORS LLC 1.98% of their portfolio MINNEAPOLIS, MN 53,200,00053.2m $53.7m $53.7m 1.98% Added +3.0m +3,000,000
3 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 31,700,00031.7m $32.2m $32.2m 0.05% Added +6.0m +5,950,000
4 HBK INVESTMENTS L P 0.48% of their portfolio DALLAS, TX 25,065,00025.1m $25.5m $25.5m 0.48% Added +11.9m +11,950,000
5 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 21,265,00021.3m $21.6m $21.6m 0.02% Reduced -13.4m -13,410,000
6 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 18,051,00018.1m $18.2m $18.2m 0.01% Added +4.3m +4,314,000
7 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 11,015,00011.0m $11.1m $11.1m 0.00% Added +335.0k +335,000
8 ABSOLUTE INVESTMENT ADVISERS, LLC 1.34% of their portfolio ROSEMARY BEACH, FL 10,250,00010.2m $10.4m $10.4m 1.34% Unchanged
9 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 6,174,0006.2m $6.2m $6.2m 0.01% Reduced -2.7m -2,715,000
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 6,000,0006.0m $6.1m $6.1m 0.00% Reduced -3.0m -3,000,000
11 ARISTEIA CAPITAL, L.L.C. 0.22% of their portfolio GREENWICH, CT 6,000,0006.0m $6.1m $6.1m 0.22% New
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,133,0005.1m $5.2m $5.2m 0.00% New
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,173,0003.2m $3.2m $3.2m 0.00% Added +1.0m +1,003,000
14 BlueCrest Capital Management Ltd 0.11% of their portfolio ST HELIER, Y9 2,000,0002.0m $2.0m $2.0m 0.11% Unchanged
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 296,000296.0k $298.8k $298.8k 0.00% Reduced -304.0k -304,000
16 Context Capital Management, LLC 0.07% of their portfolio LAJOLLA, CA 1,7501.8k $1.8m $1.8m 0.07% Unchanged
17 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged