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ECC

Eagle Point Credit Company

37 hedge funds and large institutions have $163M invested in Eagle Point Credit Company in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

19% more funds holding

Funds holding: 3137 (+6)

1.35% more ownership

Funds ownership: 41.39%42.74% (+1.4%)

2% more capital invested

Capital invested by funds: $160M → $163M (+$2.75M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
37
Holders Change
+6
Holders Change %
+19.35%
% of All Funds
0.85%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
9
Increased
15
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPC
1
Stone Point Capital
Connecticut
$104M
MWP
2
MYCIO Wealth Partners
Pennsylvania
$19.4M -$298K -16,302 -1%
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$12M +$976K +53,415 +9%
FCH
4
Freestone Capital Holdings
Washington
$5.33M -$694K -37,985 -11%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.94M
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$3.69M
BA
7
Bard Associates
Illinois
$2.38M -$4.82K -264 -0.2%
BRWA
8
B. Riley Wealth Advisors
Florida
$2.28M +$1.89M +103,562 +439%
PMAM
9
Penn Mutual Asset Management
Pennsylvania
$1.31M +$1.34M +73,445 New
BRF
10
B. Riley Financial
California
$999K +$1.02M +55,809 New
RVPG
11
Relative Value Partners Group
$901K +$30K +1,641 +3%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$889K +$12.4K +680 +1%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$877K +$711K +38,929 +386%
BSG
14
Black Swift Group
Colorado
$741K +$258K +14,125 +52%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$629K +$357K +19,557 +126%
CIBC Private Wealth Group
16
CIBC Private Wealth Group
Georgia
$534K +$58.5K +3,200 +12%
Morgan Stanley
17
Morgan Stanley
New York
$422K +$280K +15,313 +184%
William Blair & Company
18
William Blair & Company
Illinois
$354K
EWM
19
Evercore Wealth Management
New York
$299K +$305K +16,700 New
WS
20
Wedbush Securities
California
$274K -$13.7K -750 -5%
Citigroup
21
Citigroup
New York
$240K +$19.5K +1,066 +9%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$236K +$241K +13,197 New
Stifel Financial
23
Stifel Financial
Missouri
$231K +$236K +12,925 New
OC
24
Oppenheimer & Co
New York
$190K -$11.8K -644 -6%
AM
25
Ares Management
California
$179K -$91.3K -5,000 -33%

ECC Hedge Fund Activity: Q3 2018 in Review

37 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q3 2018, worth a combined $163M — up 1.7% from $160M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new ECC positions and 2 closed out — a net gain of 7 holders — while 15 added to existing stakes and 8 trimmed.

The largest buyer was B. Riley Wealth Advisors, adding an estimated $1.89M. The largest seller was Freestone Capital Holdings, cutting an estimated $694K.

  • 37 institutional investors held Eagle Point Credit Company (ECC) as of Q3 2018, up from 31 in Q2 2018.
  • Funds reported $163M of Eagle Point Credit Company stock for Q3 2018, up 1.7% quarter-over-quarter.
  • 9 funds opened new Eagle Point Credit Company positions in Q3 2018 and 2 closed out, a net change of +7 holders.
  • The largest Eagle Point Credit Company buyer in Q3 2018 was B. Riley Wealth Advisors, an estimated $1.89M added.
  • The largest Eagle Point Credit Company seller in Q3 2018 was Freestone Capital Holdings, an estimated $694K sold.

Based on aggregated 13F filings for Q3 2018.