Eagle Point Credit Company
ECC
15 hedge funds and large institutions have $175M invested in Eagle Point Credit Company in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
364% more capital invested
Capital invested by funds: $37.6M → $175M (+$137M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
62.58% more ownership
Funds ownership: 14.32% → 76.9% (+63%)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
7% more funds holding
Funds holding: 14 → 15 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$1.06M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$519K |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
+$159K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$19.6K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$18.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.01M |
| 2 |
Morgan Stanley
New York
|
-$59.1K |
| 3 |
BA
Bard Associates
Chicago,
Illinois
|
-$56.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$55K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$14.8K |
ECC Hedge Fund Activity: Q4 2015 in Review
15 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q4 2015, worth a combined $175M — up 364% from $37.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ECC positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 3 trimmed.
The largest buyer was MYCIO Wealth Partners, adding an estimated $1.06M. The largest seller was Stifel Financial, exiting entirely with an estimated $1.01M sold.
- 15 institutional investors held Eagle Point Credit Company (ECC) as of Q4 2015, up from 14 in Q3 2015.
- Funds reported $175M of Eagle Point Credit Company stock for Q4 2015, up 364% quarter-over-quarter.
- 3 funds opened new Eagle Point Credit Company positions in Q4 2015 and 2 closed out, a net change of +1 holder.
- The largest Eagle Point Credit Company buyer in Q4 2015 was MYCIO Wealth Partners, an estimated $1.06M added.
- The largest Eagle Point Credit Company seller in Q4 2015 was Stifel Financial, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2015.