Eagle Point Credit Company
ECC
35 hedge funds and large institutions have $122M invested in Eagle Point Credit Company in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 9 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
1.03% more ownership
Funds ownership: 33.33% → 34.36% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $128M → $122M (-$5.67M)
8% less funds holding
Funds holding: 38 → 35 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$3.2M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.05M |
| 3 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$918K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$532K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$525K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$2.42M |
| 2 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$444K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$360K |
| 4 |
Millennium Management
New York
|
-$209K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$99K |
ECC Hedge Fund Activity: Q4 2019 in Review
35 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q4 2019, worth a combined $122M — down 4.4% from $128M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ECC and 6 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $3.2M. The largest seller was MYCIO Wealth Partners, cutting an estimated $2.42M.
- 35 institutional investors held Eagle Point Credit Company (ECC) as of Q4 2019, down from 38 in Q3 2019.
- Funds reported $122M of Eagle Point Credit Company stock for Q4 2019, down 4.4% quarter-over-quarter.
- 6 funds opened new Eagle Point Credit Company positions in Q4 2019 and 9 closed out, a net change of -3 holders.
- The largest Eagle Point Credit Company buyer in Q4 2019 was B. Riley Financial, an estimated $3.2M added.
- The largest Eagle Point Credit Company seller in Q4 2019 was MYCIO Wealth Partners, an estimated $2.42M sold.
Based on aggregated 13F filings for Q4 2019.