Eagle Point Credit Company
ECC
45 hedge funds and large institutions have $122M invested in Eagle Point Credit Company in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 44 → 45 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.22% less ownership
Funds ownership: 29.81% → 27.59% (-2.2%)
7% less capital invested
Capital invested by funds: $131M → $122M (-$9.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.1M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$968K |
| 3 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
+$887K |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$476K |
| 5 |
Morgan Stanley
New York
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$11.8M |
| 2 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$718K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$614K |
| 4 |
Citigroup
New York
|
-$324K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$305K |
ECC Hedge Fund Activity: Q3 2021 in Review
45 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q3 2021, worth a combined $122M — down 6.9% from $131M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ECC positions and 3 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, opening a new position worth an estimated $1.1M. The largest seller was Freestone Capital Holdings, cutting an estimated $11.8M.
- 45 institutional investors held Eagle Point Credit Company (ECC) as of Q3 2021, up from 44 in Q2 2021.
- Funds reported $122M of Eagle Point Credit Company stock for Q3 2021, down 6.9% quarter-over-quarter.
- 4 funds opened new Eagle Point Credit Company positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest Eagle Point Credit Company buyer in Q3 2021 was Northwestern Mutual Wealth Management, an estimated $1.1M added.
- The largest Eagle Point Credit Company seller in Q3 2021 was Freestone Capital Holdings, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2021.