Eagle Point Credit Company
ECC
36 hedge funds and large institutions have $140M invested in Eagle Point Credit Company in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
18% more capital invested
Capital invested by funds: $118M → $140M (+$21.8M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 35 → 36 (+1)
0.72% more ownership
Funds ownership: 35.91% → 36.63% (+0.72%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$1.55M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.15M |
| 3 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$728K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$442K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.73M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$684K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$623K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$568K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$160K |
ECC Hedge Fund Activity: Q1 2019 in Review
36 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q1 2019, worth a combined $140M — up 18% from $118M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ECC positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $1.55M. The largest seller was B. Riley Wealth Advisors, cutting an estimated $1.73M.
- 36 institutional investors held Eagle Point Credit Company (ECC) as of Q1 2019, up from 35 in Q4 2018.
- Funds reported $140M of Eagle Point Credit Company stock for Q1 2019, up 18% quarter-over-quarter.
- 7 funds opened new Eagle Point Credit Company positions in Q1 2019 and 6 closed out, a net change of +1 holder.
- The largest Eagle Point Credit Company buyer in Q1 2019 was Claybrook Capital, an estimated $1.55M added.
- The largest Eagle Point Credit Company seller in Q1 2019 was B. Riley Wealth Advisors, an estimated $1.73M sold.
Based on aggregated 13F filings for Q1 2019.