Ellsworth Growth & Income Fund
ECF
36 hedge funds and large institutions have $40.9M invested in Ellsworth Growth & Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
16% more funds holding
Funds holding: 31 → 36 (+5)
6% more capital invested
Capital invested by funds: $38.6M → $40.9M (+$2.33M)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.7% more ownership
Funds ownership: 32.78% → 33.48% (+0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.28M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$755K |
| 3 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$165K |
| 4 |
Morgan Stanley
New York
|
+$115K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.17M |
| 2 |
SCM
Saba Capital Management
New York
|
-$322K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$132K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$116K |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
-$108K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $114K | +$46.6K | +5,000 | +71% |
|
|
KWA
27
KCS Wealth Advisory
Los Angeles,
California
| $110K | – | – | – |
|
|
28
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $104K | +$102K | +10,986 | New |
|
|
PAG
29
Private Advisor Group
Morristown,
New Jersey
| $95K | +$93.3K | +10,000 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $21K | -$3.81K | -408 | -16% |
|
31
Bank of America
Charlotte,
North Carolina
| $18K | +$15.8K | +1,690 | +679% |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $13K | – | – | – |
|
|
RFM
33
Royal Fund Management
Lady Lake,
Florida
| $12K | – | – | – |
|
|
S
34
SignatureFD
Atlanta,
Georgia
| $7K | +$7.09K | +760 | New |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | +$3.87K | +415 | New |
|
|
QCIG
36
Quad-Cities Investment Group
Davenport,
Iowa
| $3K | +$2.91K | +312 | New |
|
|
BBPWM
37
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$34K | -3,727 | Closed |
|
|
NSIM
38
North Star Investment Management
Chicago,
Illinois
| – | -$11K | -1,154 | Closed |
|
ECF Hedge Fund Activity: Q2 2018 in Review
36 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2018, worth a combined $40.9M — up 6% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ECF positions and 2 closed out — a net gain of 5 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.28M. The largest seller was UBS Group, cutting an estimated $1.17M.
- 36 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2018, up from 31 in Q1 2018.
- Funds reported $40.9M of Ellsworth Growth & Income Fund stock for Q2 2018, up 6% quarter-over-quarter.
- 7 funds opened new Ellsworth Growth & Income Fund positions in Q2 2018 and 2 closed out, a net change of +5 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q2 2018 was Wells Fargo, an estimated $1.28M added.
- The largest Ellsworth Growth & Income Fund seller in Q2 2018 was UBS Group, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2018.