Eagle Point Credit Company
ECC
35 hedge funds and large institutions have $70.7M invested in Eagle Point Credit Company in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more capital invested
Capital invested by funds: $54.4M → $70.7M (+$16.2M)
1.72% more ownership
Funds ownership: 28.91% → 30.63% (+1.7%)
8% less funds holding
Funds holding: 38 → 35 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EG
Enstar Group
Hamilton,
Bermuda
|
+$2.4M |
| 2 |
BGC
Birch Grove Capital
New York
|
+$1.37M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$951K |
| 4 |
Morgan Stanley
New York
|
+$194K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$435K |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$402K |
| 3 |
VF
Virtu Financial
New York
|
-$146K |
| 4 |
BSG
Black Swift Group
Boulder,
Colorado
|
-$136K |
| 5 |
HVIA
Hudson Valley Investment Advisors
Goshen,
New York
|
-$75K |
ECC Hedge Fund Activity: Q3 2020 in Review
35 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q3 2020, worth a combined $70.7M — up 30% from $54.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ECC and 7 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Enstar Group, opening a new position worth an estimated $2.4M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $435K sold.
- 35 institutional investors held Eagle Point Credit Company (ECC) as of Q3 2020, down from 38 in Q2 2020.
- Funds reported $70.7M of Eagle Point Credit Company stock for Q3 2020, up 30% quarter-over-quarter.
- 7 funds opened new Eagle Point Credit Company positions in Q3 2020 and 10 closed out, a net change of -3 holders.
- The largest Eagle Point Credit Company buyer in Q3 2020 was Enstar Group, an estimated $2.4M added.
- The largest Eagle Point Credit Company seller in Q3 2020 was Raymond James & Associates, an estimated $435K sold.
Based on aggregated 13F filings for Q3 2020.