Ellsworth Growth & Income Fund
ECF
33 hedge funds and large institutions have $35.5M invested in Ellsworth Growth & Income Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 32 → 33 (+1)
0.64% less ownership
Funds ownership: 33.31% → 32.68% (-0.64%)
1% less capital invested
Capital invested by funds: $35.8M → $35.5M (-$348K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$397K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$348K |
| 3 |
Morgan Stanley
New York
|
+$117K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$90.7K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$87.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$934K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$360K |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$262K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$228K |
| 5 |
Citigroup
New York
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $42K | +$40.5K | +5,000 | New |
|
|
PA
27
Parallel Advisors
San Francisco,
California
| $37K | +$36.4K | +4,489 | New |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $33K | -$12.6K | -1,553 | -28% |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $11K | +$4.86K | +600 | +97% |
|
|
RFM
30
Royal Fund Management
Lady Lake,
Florida
| $11K | +$10.9K | +1,351 | New |
|
|
NSIM
31
North Star Investment Management
Chicago,
Illinois
| $10K | +$9.35K | +1,154 | New |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $7K | +$6.91K | +852 | New |
|
|
SFS
33
Shaker Financial Services
Arlington,
Virginia
| – | -$934K | -114,092 | Closed |
|
|
CCM
34
Coe Capital Management
Highland Park,
Illinois
| – | -$262K | -32,665 | Closed |
|
|
CRC
35
Curi RMB Capital
Chicago,
Illinois
| – | -$228K | -27,819 | Closed |
|
|
36
Citigroup
New York
| – | -$149K | -18,151 | Closed |
|
|
JFA
37
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$6K | -760 | Closed |
|
|
S
38
SignatureFD
Atlanta,
Georgia
| – | -$6K | -760 | Closed |
|
ECF Hedge Fund Activity: Q4 2016 in Review
33 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q4 2016, worth a combined $35.5M — down 0.97% from $35.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ECF positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $397K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $934K sold.
- 33 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q4 2016, up from 32 in Q3 2016.
- Funds reported $35.5M of Ellsworth Growth & Income Fund stock for Q4 2016, down 0.97% quarter-over-quarter.
- 7 funds opened new Ellsworth Growth & Income Fund positions in Q4 2016 and 6 closed out, a net change of +1 holder.
- The largest Ellsworth Growth & Income Fund buyer in Q4 2016 was Raymond James & Associates, an estimated $397K added.
- The largest Ellsworth Growth & Income Fund seller in Q4 2016 was Shaker Financial Services, an estimated $934K sold.
Based on aggregated 13F filings for Q4 2016.