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, 30 increasing their positions, 9 reducing their positions, and 11 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 9
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $105M → $116M (+$11.2M)
3% more funds holding
Funds holding: 67 → 69 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 15.34% → 14.93% (-0.41%)
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 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.68M |
| 2 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$506K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$492K |
| 4 |
MG
Marex Group
London,
|
-$301K |
| 5 |
RA
Royce & Associates
New York
|
-$300K |
ECC Hedge Fund Activity: Q1 2024 in Review
69 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Eagle Point Credit Company (ECC) for Q1 2024, worth a combined $116M — up 11% from $105M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ECC positions and 11 closed out — a net gain of 3 holders — while 30 added to existing stakes and 9 trimmed.
The largest buyer was PFG Investments, opening a new position worth an estimated $1.8M. The largest seller was Royal Bank of Canada, cutting an estimated $1.68M.
- 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 11% 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 Royal Bank of Canada, an estimated $1.68M sold.
Based on aggregated 13F filings for Q1 2024.