Ellsworth Growth & Income Fund
ECF
56 hedge funds and large institutions have $30.7M invested in Ellsworth Growth & Income Fund in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
14% more funds holding
Funds holding: 49 → 56 (+7)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0.48% less ownership
Funds ownership: 28.29% → 27.81% (-0.48%)
3% less capital invested
Capital invested by funds: $31.6M → $30.7M (-$855K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
WNY Asset Management
Williamsville,
New York
|
+$743K |
| 2 |
SCM
Saba Capital Management
New York
|
+$642K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$592K |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$526K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.38M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2M |
| 3 |
Morgan Stanley
New York
|
-$436K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$348K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$336K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $7K | +$209 | +25 | +4% |
|
52
JP Morgan Chase
New York
| $3K | +$3.59K | +429 | New |
|
53
Bank of America
Charlotte,
North Carolina
| $439 | – | – | – |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| $171 | +$2.74K | +327 | +2% |
|
|
PA
55
Parallel Advisors
San Francisco,
California
| $16 | -$1.06K | -127 | -98% |
|
56
Fidelity Investments
Boston,
Massachusetts
| $8 | +$8 | +1 | New |
|
|
HWAM
57
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| – | -$336K | -41,913 | Closed |
|
58
MML Investors Services
Springfield,
Massachusetts
| – | -$179K | -22,338 | Closed |
|
|
QC
59
Quantedge Capital
Singapore
| – | -$118K | -14,760 | Closed |
|
|
BBPWM
60
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$15K | -1,873 | Closed |
|
|
GWSG
61
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$3K | -367 | Closed |
|
|
BWL
62
Bogart Wealth LLC
Mclean,
Virginia
| – | -$1.12K | -134 | Closed |
|
ECF Hedge Fund Activity: Q4 2022 in Review
56 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q4 2022, worth a combined $30.7M — down 2.7% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ECF positions and 6 closed out — a net gain of 8 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was WNY Asset Management, adding an estimated $743K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.38M.
- 56 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q4 2022, up from 49 in Q3 2022.
- Funds reported $30.7M of Ellsworth Growth & Income Fund stock for Q4 2022, down 2.7% quarter-over-quarter.
- 14 funds opened new Ellsworth Growth & Income Fund positions in Q4 2022 and 6 closed out, a net change of +8 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q4 2022 was WNY Asset Management, an estimated $743K added.
- The largest Ellsworth Growth & Income Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $2.38M sold.
Based on aggregated 13F filings for Q4 2022.