Eagle Point Credit Company
ECC
22 hedge funds and large institutions have $225M invested in Eagle Point Credit Company in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
22% more funds holding
Funds holding: 18 → 22 (+4)
0% more capital invested
Capital invested by funds: $224M → $225M (+$1.05M)
4.2% less ownership
Funds ownership: 65.27% → 61.07% (-4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$386K |
| 2 |
HCMNY
Howard Capital Management (New York)
New York
|
+$311K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$214K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$104K |
| 5 |
RVPG
Relative Value Partners Group
|
+$74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$943K |
| 2 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$717K |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
-$506K |
| 4 |
LPL Financial
San Diego,
California
|
-$245K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$239K |
ECC Hedge Fund Activity: Q2 2017 in Review
22 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q2 2017, worth a combined $225M — up 0.47% from $224M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ECC positions and 4 closed out — a net gain of 4 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was William Blair & Company, opening a new position worth an estimated $386K. The largest seller was PNC Financial Services Group, cutting an estimated $943K.
- 22 institutional investors held Eagle Point Credit Company (ECC) as of Q2 2017, up from 18 in Q1 2017.
- Funds reported $225M of Eagle Point Credit Company stock for Q2 2017, up 0.47% quarter-over-quarter.
- 8 funds opened new Eagle Point Credit Company positions in Q2 2017 and 4 closed out, a net change of +4 holders.
- The largest Eagle Point Credit Company buyer in Q2 2017 was William Blair & Company, an estimated $386K added.
- The largest Eagle Point Credit Company seller in Q2 2017 was PNC Financial Services Group, an estimated $943K sold.
Based on aggregated 13F filings for Q2 2017.