Vault-13

ENCORE CAP GROUP INC ECPG 4 03.15.29

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

19 institutional holders +1 vs Q1 2026
12,152,29812.2m shares reported held*
$340.1mreported value*
5 new 2 added 6 reduced 5 sold out net sold ≈ $10.8m (-227.1k 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 ≈ $27.99.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q1 24: 19Q2 24: 19Q3 24: 20Q4 24: 17Q1 25: 18Q2 25: 21Q3 25: 19Q4 25: 19Q1 26: 18Q2 26: 1919Q1 24Q3 24Q1 25Q3 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202419
Q2 202419
Q3 202420
Q4 202417
Q1 202518
Q2 202521
Q3 202519
Q4 202519
Q1 202618
Q2 202619

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 6 bought or addedQ3 24: 8 cut or sold outQ4 24: 9 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 7 cut or sold outQ2 25: 8 bought or addedQ2 25: 4 cut or sold outQ2 25Q3 25: 7 bought or addedQ3 25: 10 cut or sold outQ4 25: 10 bought or addedQ4 25: 6 cut or sold outQ4 25Q1 26: 6 bought or addedQ1 26: 7 cut or sold outQ2 26: 7 bought or addedQ2 26: 11 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202468
Q4 202499
Q1 202587
Q2 202584
Q3 2025710
Q4 2025106
Q1 202667
Q2 2026711

Biggest buyers

Balyasny Asset Management L.P. New +24,500,000+24.5m
DLD Asset Management, LP New +20,000,000+20.0m
TENOR CAPITAL MANAGEMENT Co., L.P. New +3,500,000+3.5m
TWO SIGMA INVESTMENTS, LP Added +3,103,000+3.1m
Linden Advisors LP Added +1,250,000+1.2m
Ares Systematic Credit Ltd New +500,000+500.0k
Virtus Fixed Income Advisers, LLC New +184,000+184.0k

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC Sold out -20,375,000-20.4m
WHITEBOX ADVISORS LLC Reduced -18,662,000-18.7m
Nuveen, LLC Sold out -10,341,000-10.3m
DEUTSCHE BANK AG\ Reduced -4,226,000-4.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -3,601,000-3.6m
Context Capital Management, LLC Sold out -1,750,000-1.8m
LAZARD ASSET MANAGEMENT LLC Reduced -1,514,000-1.5m
Thrivent Financial for Lutherans Reduced -795,000-795.0k
TRUIST FINANCIAL CORP Reduced -199,000-199.0k
WELLS FARGO & COMPANY/MN Sold out -105,000-105.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.61% of their portfolio New York, NY 77,210,00077.2m $118.3m $118.3m 0.61% Added +1.2m +1,250,000
2 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 24,500,00024.5m $37.5m $37.5m 0.07% New
3 WHITEBOX ADVISORS LLC 0.54% of their portfolio MINNEAPOLIS, MN 22,100,00022.1m $33.7m $33.7m 0.54% Reduced -18.7m -18,662,000
4 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 20,518,00020.5m $31.3m $31.3m 0.02% Added +3.1m +3,103,000
5 DLD Asset Management, LP 2.51% of their portfolio NEW YORK, NY 20,000,00020.0m $30.9m $30.9m 2.51% New
6 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 12,082,00012.1m $18.5m $18.5m 0.01% Reduced -3.6m -3,601,000
7 ABSOLUTE INVESTMENT ADVISERS, LLC 1.66% of their portfolio ROSEMARY BEACH, FL 11,250,00011.2m $17.1m $17.1m 1.66% Unchanged
8 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 8,164,0008.2m $12.6m $12.6m 0.02% Reduced -795.0k -795,000
9 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 7,209,0007.2m $110.4k $110.4k 0.00% Reduced -1.5m -1,514,000
10 ARISTEIA CAPITAL, L.L.C. 0.14% of their portfolio GREENWICH, CT 6,000,0006.0m $9.2m $9.2m 0.14% Unchanged
11 TENOR CAPITAL MANAGEMENT Co., L.P. 0.08% of their portfolio NEW YORK, NY 3,500,0003.5m $5.4m $5.4m 0.08% New
12 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,304,0003.3m $5.0m $5.0m 0.00% Reduced -4.2m -4,226,000
13 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 891,000891.0k $1.4m $1.4m 0.00% Reduced -199.0k -199,000
14 Ares Systematic Credit Ltd 0.46% of their portfolio LONDON, X0 500,000500.0k $765.9k $765.9k 0.46% New
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 296,000296.0k $452.0k $452.0k 0.00% Unchanged
16 Virtus Fixed Income Advisers, LLC 0.18% of their portfolio HARTFORD, CT 184,000184.0k $280.9k $280.9k 0.18% New
17 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 42,00042.0k $64.1k $64.1k 0.02% Unchanged
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 32,00032.0k $48.9k $48.9k 0.00% Unchanged
19 BOUSSARD & GAVAUDAN GESTION SAS 0.88% of their portfolio PARIS, I0 11,29811.3k $17.5m $17.5m 0.88% First filing