Eagle Point Credit Company
ECC
44 hedge funds and large institutions have $131M invested in Eagle Point Credit Company in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
13% more capital invested
Capital invested by funds: $116M → $131M (+$15M)
10% more funds holding
Funds holding: 40 → 44 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.59% less ownership
Funds ownership: 30.4% → 29.81% (-0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.19M |
| 2 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$800K |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$656K |
| 4 |
DSAM
Dock Street Asset Management
Palm Beach,
Florida
|
+$249K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Birch Grove Capital
New York
|
-$2.58M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$896K |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$544K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$507K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$404K |
ECC Hedge Fund Activity: Q2 2021 in Review
44 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q2 2021, worth a combined $131M — up 13% from $116M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ECC positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.19M. The largest seller was Birch Grove Capital, exiting entirely with an estimated $2.58M sold.
- 44 institutional investors held Eagle Point Credit Company (ECC) as of Q2 2021, up from 40 in Q1 2021.
- Funds reported $131M of Eagle Point Credit Company stock for Q2 2021, up 13% quarter-over-quarter.
- 8 funds opened new Eagle Point Credit Company positions in Q2 2021 and 4 closed out, a net change of +4 holders.
- The largest Eagle Point Credit Company buyer in Q2 2021 was Morgan Stanley, an estimated $2.19M added.
- The largest Eagle Point Credit Company seller in Q2 2021 was Birch Grove Capital, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2021.