Eagle Point Credit Company
ECC
49 hedge funds and large institutions have $88.4M invested in Eagle Point Credit Company in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 12 closing their positions.
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.26% less ownership
Funds ownership: 19.74% → 19.48% (-0.26%)
8% less capital invested
Capital invested by funds: $95.8M → $88.4M (-$7.4M)
16% less funds holding
Funds holding: 58 → 49 (-9)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$400K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$322K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$176K |
| 4 |
DSAM
Dock Street Asset Management
Palm Beach,
Florida
|
+$162K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.11M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$834K |
| 3 |
VF
Virtu Financial
New York
|
-$291K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$276K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TJHA
51
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$1.11M | -94,431 | Closed |
|
|
52
Invesco
Atlanta,
Georgia
| – | -$834K | -70,764 | Closed |
|
|
VF
53
Virtu Financial
New York
| – | -$291K | -24,668 | Closed |
|
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$276K | -23,470 | Closed |
|
|
ASN
55
Advisory Services Network
Atlanta,
Georgia
| – | -$274K | -23,239 | Closed |
|
|
CA
56
Cetera Advisors
Denver,
Colorado
| – | -$225K | -19,090 | Closed |
|
|
SPC
57
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$140K | -11,850 | Closed |
|
58
Bank of America
Charlotte,
North Carolina
| – | -$34K | -2,901 | Closed |
|
|
CA
59
CoreCap Advisors
Southfield,
Michigan
| – | -$29K | -2,500 | Closed |
|
|
GWM
60
Geneos Wealth Management
Englewood,
Colorado
| – | -$17K | -1,500 | Closed |
|
|
AF
61
Allworth Financial
Folsom,
California
| – | -$9K | -750 | Closed |
|
ECC Hedge Fund Activity: Q3 2022 in Review
49 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q3 2022, worth a combined $88.4M — down 7.7% from $95.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ECC and 4 opened new positions — a net loss of 8 holders — while 7 trimmed existing stakes and 23 added.
The largest buyer was Osaic Holdings, adding an estimated $400K. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $1.11M sold.
- 49 institutional investors held Eagle Point Credit Company (ECC) as of Q3 2022, down from 58 in Q2 2022.
- Funds reported $88.4M of Eagle Point Credit Company stock for Q3 2022, down 7.7% quarter-over-quarter.
- 4 funds opened new Eagle Point Credit Company positions in Q3 2022 and 12 closed out, a net change of -8 holders.
- The largest Eagle Point Credit Company buyer in Q3 2022 was Osaic Holdings, an estimated $400K added.
- The largest Eagle Point Credit Company seller in Q3 2022 was Thomas J. Herzfeld Advisors, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2022.