Ellsworth Growth & Income Fund
ECF
37 hedge funds and large institutions have $38.1M invested in Ellsworth Growth & Income Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
12% more funds holding
Funds holding: 33 → 37 (+4)
7% more capital invested
Capital invested by funds: $35.5M → $38.1M (+$2.61M)
0.96% more ownership
Funds ownership: 32.68% → 33.64% (+0.96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.12M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$434K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$411K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$406K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$654K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$287K |
| 3 |
Morgan Stanley
New York
|
-$240K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$185K |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$174K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Geode Capital Management
Boston,
Massachusetts
| $133K | – | – | – |
|
|
PA
27
Parallel Advisors
San Francisco,
California
| $119K | +$76.3K | +8,930 | +199% |
|
|
OC
28
Oppenheimer & Co
New York
| $87K | +$86.4K | +10,104 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $58K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $44K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $32K | -$2.98K | -348 | -9% |
|
|
BBPWM
32
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $11K | – | – | – |
|
|
RFM
33
Royal Fund Management
Lady Lake,
Florida
| $11K | – | – | – |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $11K | +$11.3K | +1,318 | New |
|
|
NSIM
35
North Star Investment Management
Chicago,
Illinois
| $10K | – | – | – |
|
|
SPIA
36
Steward Partners Investment Advisory
New York
| $7K | +$94 | +11 | +1% |
|
|
IECM
37
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$174K | -21,092 | Closed |
|
|
CA
38
Cornerstone Advisors
Asheville,
North Carolina
| – | -$90K | -10,842 | Closed |
|
ECF Hedge Fund Activity: Q1 2017 in Review
37 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2017, worth a combined $38.1M — up 7.4% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ECF positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $1.12M. The largest seller was Sit Investment Associates, cutting an estimated $654K.
- 37 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2017, up from 33 in Q4 2016.
- Funds reported $38.1M of Ellsworth Growth & Income Fund stock for Q1 2017, up 7.4% quarter-over-quarter.
- 7 funds opened new Ellsworth Growth & Income Fund positions in Q1 2017 and 2 closed out, a net change of +5 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2017 was MML Investors Services, an estimated $1.12M added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2017 was Sit Investment Associates, an estimated $654K sold.
Based on aggregated 13F filings for Q1 2017.