Ellsworth Growth & Income Fund
ECF
52 hedge funds and large institutions have $49.7M invested in Ellsworth Growth & Income Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
4% more funds holding
Funds holding: 50 → 52 (+2)
3.37% more ownership
Funds ownership: 30.34% → 33.7% (+3.4%)
2% less capital invested
Capital invested by funds: $50.6M → $49.7M (-$878K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.26M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.66M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.22M |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$446K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.25M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$866K |
| 3 |
Morgan Stanley
New York
|
-$620K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$218K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
51
Parallel Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
WAM
52
Weiss Asset Management
Boston,
Massachusetts
| – | -$189K | -15,265 | Closed |
|
53
Millennium Management
New York
| – | -$162K | -13,112 | Closed |
|
|
DA
54
Doliver Advisors
Houston,
Texas
| – | -$141K | -12,834 | Closed |
|
|
LC
55
Lindbrook Capital
Calabasas,
California
| – | -$25K | -2,000 | Closed |
|
|
BAM
56
Baldrige Asset Management
Allentown,
Pennsylvania
| – | -$23K | -1,868 | Closed |
|
57
JP Morgan Chase
New York
| – | +$87 | +8 | New |
|
ECF Hedge Fund Activity: Q1 2022 in Review
52 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2022, worth a combined $49.7M — down 1.7% from $50.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ECF positions and 7 closed out — a net gain of 4 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.26M. The largest seller was Advisors Asset Management, cutting an estimated $1.25M.
- 52 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2022, up from 50 in Q4 2021.
- Funds reported $49.7M of Ellsworth Growth & Income Fund stock for Q1 2022, down 1.7% quarter-over-quarter.
- 11 funds opened new Ellsworth Growth & Income Fund positions in Q1 2022 and 7 closed out, a net change of +4 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2022 was Saba Capital Management, an estimated $4.26M added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2022 was Advisors Asset Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2022.