Ellsworth Growth & Income Fund
ECF
53 hedge funds and large institutions have $31.6M invested in Ellsworth Growth & Income Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 9 closing their positions.
3% more capital invested
Capital invested by funds: $30.7M → $31.6M (+$840K)
0.24% more ownership
Funds ownership: 27.81% → 28.05% (+0.24%)
5% less funds holding
Funds holding: 56 → 53 (-3)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$424K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$297K |
| 4 |
WAM
WNY Asset Management
Williamsville,
New York
|
+$255K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFP
FourThought Financial Partners
Venice,
Florida
|
-$718K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$372K |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$301K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$237K |
| 5 |
Morgan Stanley
New York
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $446 | – | – | – |
|
52
Commonwealth Equity Services
Waltham,
Massachusetts
| $86 | -$41.5K | -4,895 | -32% |
|
|
PA
53
Parallel Advisors
San Francisco,
California
| $17 | – | – | – |
|
|
FFP
54
FourThought Financial Partners
Venice,
Florida
| – | -$718K | -90,008 | Closed |
|
|
IA
55
Icon Advisers
Greenwood Village,
Colorado
| – | -$301K | -37,685 | Closed |
|
|
TCWM
56
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$127K | -15,972 | Closed |
|
|
VCWA
57
Vanguard Capital Wealth Advisors
Denver,
Colorado
| – | -$116K | -14,552 | Closed |
|
|
WP
58
Woodline Partners
San Francisco,
California
| – | -$99.5K | -12,464 | Closed |
|
59
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$80.6K | -10,094 | Closed |
|
|
MCC
60
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$75.2K | -9,428 | Closed |
|
|
IA
61
IFP Advisors
Tampa,
Florida
| – | -$7K | -659 | Closed |
|
62
Fidelity Investments
Boston,
Massachusetts
| – | -$8 | -1 | Closed |
|
ECF Hedge Fund Activity: Q1 2023 in Review
53 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2023, worth a combined $31.6M — up 2.7% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ECF and 7 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Ameriprise, adding an estimated $1.2M. The largest seller was FourThought Financial Partners, exiting entirely with an estimated $718K sold.
- 53 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2023, down from 56 in Q4 2022.
- Funds reported $31.6M of Ellsworth Growth & Income Fund stock for Q1 2023, up 2.7% quarter-over-quarter.
- 7 funds opened new Ellsworth Growth & Income Fund positions in Q1 2023 and 9 closed out, a net change of -2 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2023 was Ameriprise, an estimated $1.2M added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2023 was FourThought Financial Partners, an estimated $718K sold.
Based on aggregated 13F filings for Q1 2023.