Eagle Point Credit Company
ECC
61 hedge funds and large institutions have $107M invested in Eagle Point Credit Company in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 13 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 13
17% more capital invested
Capital invested by funds: $91.5M → $107M (+$15.9M)
4.19% more ownership
Funds ownership: 14.84% → 19.03% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 65 → 61 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$14.8M |
| 2 |
BSG
Black Swift Group
Boulder,
Colorado
|
+$9.05M |
| 3 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
+$4.79M |
| 4 |
Morgan Stanley
New York
|
+$402K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.15M |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$864K |
| 3 |
VEA
Virtus ETF Advisers
New York
|
-$389K |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$306K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$203K |
ECC Hedge Fund Activity: Q3 2023 in Review
61 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q3 2023, worth a combined $107M — up 17% from $91.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ECC and 5 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 26 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $14.8M. The largest seller was UBS Group, cutting an estimated $2.15M.
- 61 institutional investors held Eagle Point Credit Company (ECC) as of Q3 2023, down from 65 in Q2 2023.
- Funds reported $107M of Eagle Point Credit Company stock for Q3 2023, up 17% quarter-over-quarter.
- 5 funds opened new Eagle Point Credit Company positions in Q3 2023 and 9 closed out, a net change of -4 holders.
- The largest Eagle Point Credit Company buyer in Q3 2023 was Penserra Capital Management, an estimated $14.8M added.
- The largest Eagle Point Credit Company seller in Q3 2023 was UBS Group, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2023.