Ellsworth Growth & Income Fund
ECF
31 hedge funds and large institutions have $40.7M invested in Ellsworth Growth & Income Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 3 closing their positions.
1.29% more ownership
Funds ownership: 32.88% → 34.17% (+1.3%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
5% more capital invested
Capital invested by funds: $38.9M → $40.7M (+$1.86M)
3% less funds holding
Funds holding: 32 → 31 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$986K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$447K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$310K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$202K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$261K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$149K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$116K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$109K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $64K | +$18.4K | +2,000 | +40% |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $39K | +$12.4K | +1,349 | +47% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $33K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $12K | – | – | – |
|
|
RFM
30
Royal Fund Management
Lady Lake,
Florida
| $12K | – | – | – |
|
|
NSIM
31
North Star Investment Management
Chicago,
Illinois
| $11K | – | – | – |
|
|
BWA
32
BDO Wealth Advisors
Jacksonville,
Florida
| $1K | – | – | – |
|
|
OC
33
Oppenheimer & Co
New York
| – | -$92K | -10,052 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | -$1K | -100 | Closed |
|
ECF Hedge Fund Activity: Q3 2017 in Review
31 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2017, worth a combined $40.7M — up 4.8% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ECF and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 12 added.
The largest buyer was Advisors Asset Management, adding an estimated $986K. The largest seller was Bulldog Investors, cutting an estimated $261K.
- 31 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2017, down from 32 in Q2 2017.
- Funds reported $40.7M of Ellsworth Growth & Income Fund stock for Q3 2017, up 4.8% quarter-over-quarter.
- 2 funds opened new Ellsworth Growth & Income Fund positions in Q3 2017 and 3 closed out, a net change of -1 holder.
- The largest Ellsworth Growth & Income Fund buyer in Q3 2017 was Advisors Asset Management, an estimated $986K added.
- The largest Ellsworth Growth & Income Fund seller in Q3 2017 was Bulldog Investors, an estimated $261K sold.
Based on aggregated 13F filings for Q3 2017.