Ellsworth Growth & Income Fund
ECF
48 hedge funds and large institutions have $36M invested in Ellsworth Growth & Income Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
14% more capital invested
Capital invested by funds: $31.6M → $36M (+$4.39M)
1.99% more ownership
Funds ownership: 28.05% → 30.04% (+2%)
9% less funds holding
Funds holding: 53 → 48 (-5)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.65M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.11M |
| 3 |
FFP
FourThought Financial Partners
Venice,
Florida
|
+$856K |
| 4 |
Morgan Stanley
New York
|
+$614K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$1.84M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$614K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$350K |
| 4 |
Walleye Capital
New York
|
-$138K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| – | -$350K | -43,176 | Closed |
|
|
52
Walleye Capital
New York
| – | -$138K | -17,047 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$105K | -12,893 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$86.4K | -10,657 | Closed |
|
|
EI
55
Ellevest Inc
New York
| – | -$2.58K | -318 | Closed |
|
ECF Hedge Fund Activity: Q2 2023 in Review
48 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2023, worth a combined $36M — up 14% from $31.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ECF and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $1.65M. The largest seller was Foundations Investment Advisors, exiting entirely with an estimated $1.84M sold.
- 48 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2023, down from 53 in Q1 2023.
- Funds reported $36M of Ellsworth Growth & Income Fund stock for Q2 2023, up 14% quarter-over-quarter.
- 4 funds opened new Ellsworth Growth & Income Fund positions in Q2 2023 and 7 closed out, a net change of -3 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q2 2023 was Wells Fargo, an estimated $1.65M added.
- The largest Ellsworth Growth & Income Fund seller in Q2 2023 was Foundations Investment Advisors, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2023.