Ellsworth Growth & Income Fund
ECF
32 hedge funds and large institutions have $35.8M invested in Ellsworth Growth & Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
5% less capital invested
Capital invested by funds: $37.6M → $35.8M (-$1.79M)
2.82% less ownership
Funds ownership: 36.13% → 33.31% (-2.8%)
3% less funds holding
Funds holding: 33 → 32 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$737K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$451K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$188K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$149K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.2M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.04M |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$866K |
| 4 |
ST
Sentinel Trust
Houston,
Texas
|
-$371K |
| 5 |
Citigroup
New York
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $126K | +$15.8K | +1,915 | +14% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $109K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $46K | +$74 | +9 | +0.2% |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $6K | – | – | – |
|
|
JFA
30
JNBA Financial Advisors
Bloomington,
Minnesota
| $6K | +$6.27K | +760 | New |
|
|
S
31
SignatureFD
Atlanta,
Georgia
| $6K | +$6.27K | +760 | New |
|
|
GFM
32
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$866K | -109,957 | Closed |
|
|
ST
33
Sentinel Trust
Houston,
Texas
| – | -$371K | -47,100 | Closed |
|
|
DA
34
Doliver Advisors
Houston,
Texas
| – | -$212K | -26,785 | Closed |
|
|
FNBT
35
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$37K | -4,700 | Closed |
|
ECF Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2016, worth a combined $35.8M — down 4.8% from $37.6M a quarter earlier.
Fund positioning in ECF was balanced in Q3 2016: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 10 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $737K. The largest seller was Sit Investment Associates, cutting an estimated $1.2M.
- 32 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2016, down from 33 in Q2 2016.
- Funds reported $35.8M of Ellsworth Growth & Income Fund stock for Q3 2016, down 4.8% quarter-over-quarter.
- 4 funds opened new Ellsworth Growth & Income Fund positions in Q3 2016 and 4 closed out, a net change of 0 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q3 2016 was Ameriprise, an estimated $737K added.
- The largest Ellsworth Growth & Income Fund seller in Q3 2016 was Sit Investment Associates, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2016.