13FPulse
EC

ECPG ENCORE CAPITAL GROUP INC

2026Q2 · CUSIP 292554102 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
280
Institutions that reported holding it to the SEC
Net increase in holders
+37
Last quarter 243 → now 280
How unusual is that
Top 10%
Stronger buying than 92% of US stocks
What the filings say, in one paragraph

280 funds held ECPG at the end of 2026Q2, up 37 from the quarter before. That is stronger buying than 92.0% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $1.9B(YoY +29.5%), the P/E is 7.3x, return on equity is 28.0%. ECPG has had 6 buying rushes in its history, and the price moved +10.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=160 2013Q4: holders=171 2014Q1: holders=176 2014Q2: holders=156 2014Q3: holders=160 2014Q4: holders=182 2015Q1: holders=164 2015Q2: holders=169 2015Q3: holders=164 2015Q4: holders=166 2016Q1: holders=159 2016Q2: holders=142 2016Q3: holders=131 2016Q4: holders=135 2017Q1: holders=134 2017Q2: holders=130 2017Q3: holders=137 2017Q4: holders=159 2018Q1: holders=158 2018Q2: holders=161 2018Q3: holders=150 2018Q4: holders=138 2019Q1: holders=152 2019Q2: holders=155 2019Q3: holders=162 2019Q4: holders=165 2020Q1: holders=163 2020Q2: holders=181 2020Q3: holders=200 2020Q4: holders=215 2021Q1: holders=189 2021Q2: holders=188 2021Q3: holders=193 2021Q4: holders=216 2022Q1: holders=214 2022Q2: holders=211 2022Q3: holders=206 2022Q4: holders=199 2023Q1: holders=188 2023Q2: holders=184 2023Q3: holders=183 2023Q4: holders=192 2024Q1: holders=192 2024Q2: holders=175 2024Q3: holders=176 2024Q4: holders=193 2025Q1: holders=178 2025Q2: holders=201 2025Q3: holders=212 2025Q4: holders=221 2026Q1: holders=243 2026Q2: holders=280 -37 -18.5 +0 +18.5 +37 117206294 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 6 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2026Q1 Top 20%
2025Q2 Top 20% +20.5% +41.3%
2020Q3 Top 20% -0.4% +30.2%
2020Q2 Top 20% -30.9% -25.6%
2014Q4 Top 20% -5.7% -5.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
143
Change in large funds
+13
Total value they hold
$2.1B
Funds buying for the first time
64
Funds that sold out entirely
27
Price change that quarter
+19.6%
Funds holding puts (bearish)
3
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
7.3
EPS (TTM)
$13.16
EPS YoY
Revenue (TTM)
$1.9B
Revenue YoY
+29.5%
Net margin
15.9%
ROE
28.0%
Debt ratio
80.6%
FCF (TTM)
$125M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 2.66 2021-12-31: EPS 2.56 2022-03-31: EPS 6.40 2022-06-30: EPS 2.29 2022-09-30: EPS 1.22 2022-12-31: EPS -2.45 2023-03-31: EPS 0.75 2023-06-30: EPS 1.08 2023-09-30: EPS 0.79 2023-12-31: EPS -11.34 2024-03-31: EPS 0.95 2024-06-30: EPS 1.34 2024-09-30: EPS 1.26 2024-12-31: EPS -9.38 2025-03-31: EPS 1.93 2025-06-30: EPS 2.49 2025-09-30: EPS 3.17 2025-12-31: EPS 3.32 2026-03-31: EPS 3.86 2026-06-30: EPS 2.81 0M 250M 500M $M -12.47 -2.72 7.04 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 8 4 133 262 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-10M62M133M 20162017201820192020202120222023202420252026
Latest quarter $77M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.