Eagle Point Credit Company
ECC
89 hedge funds and large institutions have $117M invested in Eagle Point Credit Company in 2024 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 17 reducing their positions, and 11 closing their positions.
124% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 17
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
6% more funds holding
Funds holding: 84 → 89 (+5)
0.98% less ownership
Funds ownership: 14.93% → 13.95% (-0.98%)
9% less capital invested
Capital invested by funds: $128M → $117M (-$11.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFG Investments
Woodbury,
New York
|
+$1.65M |
| 2 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$1.61M |
| 3 |
TCM
Triumph Capital Management
Denver,
Colorado
|
+$1.46M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
+$1.26M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$15.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.39M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$875K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$755K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$364K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
JP Morgan Chase
New York
| – | -$5.27K | -524 | Closed |
|
|
TWP
102
Triad Wealth Partners
Lawrence,
Kansas
| – | -$704 | -70 | Closed |
|
ECC Hedge Fund Activity: Q3 2024 in Review
89 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q3 2024, worth a combined $117M — down 8.8% from $128M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ECC positions and 11 closed out — a net gain of 6 holders — while 38 added to existing stakes and 17 trimmed.
The largest buyer was PFG Investments, adding an estimated $1.65M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $15.8M sold.
- 89 institutional investors held Eagle Point Credit Company (ECC) as of Q3 2024, up from 84 in Q2 2024.
- Funds reported $117M of Eagle Point Credit Company stock for Q3 2024, down 8.8% quarter-over-quarter.
- 17 funds opened new Eagle Point Credit Company positions in Q3 2024 and 11 closed out, a net change of +6 holders.
- The largest Eagle Point Credit Company buyer in Q3 2024 was PFG Investments, an estimated $1.65M added.
- The largest Eagle Point Credit Company seller in Q3 2024 was Penserra Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2024.