Andrew Brenton's Turtle Creek Asset Management sold its entire Encore Capital Group Inc (ECPG) position in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The prior filing listed 388K shares worth about $27.2M, 1.02% of the portfolio; the 2026 Q2 filing lists none. ECPG had been in the portfolio for about 5 years, since the quarter ended March 31, 2021.
What did the 2026 Q2 filing report for ECPG?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 388K | 0 |
| Reported value | $27.2M | $0 |
| Portfolio weight | 1.02% | 0% |
| Held since | 2021 Q1 | sold out in 2026 Q2 |
| Quarters held | 21 |
What did Andrew Brenton sell?
Andrew Brenton sold 388K shares of ECPG between the quarter ended March 31, 2026 and June 30, 2026. The ECPG exit was the 11th largest of the quarter's 39 position changes by percent change to portfolio.
Where does ECPG sit in the Andrew Brenton portfolio?
Before the sale, ECPG carried 1.02% of the Andrew Brenton portfolio, below the fund's average stock position of 3%. The largest stock position is FISV at 6.9%. Next come CIGI at 6.74% and FND at 6.53%. The three largest stocks together are 20.17% of the book. Across the 2026 Q2 portfolio, Andrew Brenton reported 38 stock positions, with 1 opened and 2 closed. The total portfolio value is about $2.6B, down 4% from the prior quarter.
How long has Andrew Brenton held ECPG?
Andrew Brenton held ECPG for about 5 years, from the quarter ended March 31, 2021 to March 31, 2026. The weight peaked at 3.28% in 2023 Q1. Last quarter the fund had already cut the position by 60%, so the exit finishes a two-quarter unwind. Every reported trade is on the Andrew Brenton ECPG trade history page.
FAQ
How many ECPG shares did Andrew Brenton sell?
Andrew Brenton sold all 388K shares of ECPG it reported a quarter earlier, worth about $27.2M.
When did Andrew Brenton first buy ECPG?
Andrew Brenton first reported ECPG in the quarter ended March 31, 2021.
How much of the Andrew Brenton portfolio was ECPG?
ECPG was 1.02% of the Andrew Brenton portfolio at the prior quarter-end, and 0% after the sale.