Eagle Point Credit Company
ECC
40 hedge funds and large institutions have $116M invested in Eagle Point Credit Company in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more capital invested
Capital invested by funds: $83.3M → $116M (+$32.4M)
8% more funds holding
Funds holding: 37 → 40 (+3)
0.42% less ownership
Funds ownership: 30.82% → 30.4% (-0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
+$1.54M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.51M |
| 3 |
PG
Pendal Group
Sydney,
Australia
|
+$1.03M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$644K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Birch Grove Capital
New York
|
-$1.93M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$342K |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$132K |
| 4 |
OPWM
Oxinas Partners Wealth Management
Jeffersonville,
Indiana
|
-$89.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$54K |
ECC Hedge Fund Activity: Q1 2021 in Review
40 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q1 2021, worth a combined $116M — up 39% from $83.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ECC positions and 3 closed out — a net gain of 3 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Cadent Capital Advisors, adding an estimated $1.54M. The largest seller was Birch Grove Capital, cutting an estimated $1.93M.
- 40 institutional investors held Eagle Point Credit Company (ECC) as of Q1 2021, up from 37 in Q4 2020.
- Funds reported $116M of Eagle Point Credit Company stock for Q1 2021, up 39% quarter-over-quarter.
- 6 funds opened new Eagle Point Credit Company positions in Q1 2021 and 3 closed out, a net change of +3 holders.
- The largest Eagle Point Credit Company buyer in Q1 2021 was Cadent Capital Advisors, an estimated $1.54M added.
- The largest Eagle Point Credit Company seller in Q1 2021 was Birch Grove Capital, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2021.