Eagle Point Credit Company
ECC
69 hedge funds and large institutions have $116M invested in Eagle Point Credit Company in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 10 reducing their positions, and 11 closing their positions.
190% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 10
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $108M → $116M (+$8.05M)
3% more funds holding
Funds holding: 67 → 69 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.87% less ownership
Funds ownership: 15.8% → 14.93% (-0.87%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFG Investments
Woodbury,
New York
|
+$1.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.13M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$980K |
| 4 |
MSFS
Main Street Financial Solutions
Newtown,
Pennsylvania
|
+$754K |
| 5 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.68M |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$506K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$492K |
| 5 |
MG
Marex Group
London,
|
-$301K |
ECC Hedge Fund Activity: Q1 2024 in Review
69 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q1 2024, worth a combined $116M — up 7.4% from $108M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ECC positions and 11 closed out — a net gain of 3 holders — while 29 added to existing stakes and 10 trimmed.
The largest buyer was PFG Investments, opening a new position worth an estimated $1.8M. The largest seller was Morgan Stanley, cutting an estimated $2.61M.
- 69 institutional investors held Eagle Point Credit Company (ECC) as of Q1 2024, up from 67 in Q4 2023.
- Funds reported $116M of Eagle Point Credit Company stock for Q1 2024, up 7.4% quarter-over-quarter.
- 14 funds opened new Eagle Point Credit Company positions in Q1 2024 and 11 closed out, a net change of +3 holders.
- The largest Eagle Point Credit Company buyer in Q1 2024 was PFG Investments, an estimated $1.8M added.
- The largest Eagle Point Credit Company seller in Q1 2024 was Morgan Stanley, an estimated $2.61M sold.
Based on aggregated 13F filings for Q1 2024.