Eagle Point Credit Company
ECC
67 hedge funds and large institutions have $108M invested in Eagle Point Credit Company in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
10% more funds holding
Funds holding: 61 → 67 (+6)
1% more capital invested
Capital invested by funds: $107M → $108M (+$744K)
3.23% less ownership
Funds ownership: 19.03% → 15.8% (-3.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.21M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$1.37M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.17M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSG
Black Swift Group
Boulder,
Colorado
|
-$8.45M |
| 2 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$1.45M |
| 3 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
-$1.26M |
| 4 |
ASFA
All Season Financial Advisors
Denver,
Colorado
|
-$380K |
| 5 |
NW
Naviter Wealth
Little Rock,
Arkansas
|
-$181K |
ECC Hedge Fund Activity: Q4 2023 in Review
67 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q4 2023, worth a combined $108M — up 0.69% from $107M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ECC positions and 10 closed out — a net gain of 6 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.21M. The largest seller was Black Swift Group, cutting an estimated $8.45M.
- 67 institutional investors held Eagle Point Credit Company (ECC) as of Q4 2023, up from 61 in Q3 2023.
- Funds reported $108M of Eagle Point Credit Company stock for Q4 2023, up 0.69% quarter-over-quarter.
- 16 funds opened new Eagle Point Credit Company positions in Q4 2023 and 10 closed out, a net change of +6 holders.
- The largest Eagle Point Credit Company buyer in Q4 2023 was Morgan Stanley, an estimated $3.21M added.
- The largest Eagle Point Credit Company seller in Q4 2023 was Black Swift Group, an estimated $8.45M sold.
Based on aggregated 13F filings for Q4 2023.