Ellsworth Growth & Income Fund
ECF
47 hedge funds and large institutions have $38.7M invested in Ellsworth Growth & Income Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 6 closing their positions.
8% more capital invested
Capital invested by funds: $36M → $38.7M (+$2.76M)
4.51% more ownership
Funds ownership: 30.04% → 34.55% (+4.5%)
2% less funds holding
Funds holding: 48 → 47 (-1)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.2M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.72M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$865K |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$349K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$725K |
| 2 |
SCM
Saba Capital Management
New York
|
-$644K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$236K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$230K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWM
51
Perigon Wealth Management
San Francisco,
California
| – | -$102K | -11,895 | Closed |
|
|
BFEC
52
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$4K | -508 | Closed |
|
53
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -438 | Closed |
|
ECF Hedge Fund Activity: Q3 2023 in Review
47 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2023, worth a combined $38.7M — up 7.7% from $36M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ECF and 5 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $3.2M. The largest seller was Morgan Stanley, cutting an estimated $725K.
- 47 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2023, down from 48 in Q2 2023.
- Funds reported $38.7M of Ellsworth Growth & Income Fund stock for Q3 2023, up 7.7% quarter-over-quarter.
- 5 funds opened new Ellsworth Growth & Income Fund positions in Q3 2023 and 6 closed out, a net change of -1 holder.
- The largest Ellsworth Growth & Income Fund buyer in Q3 2023 was Wells Fargo, an estimated $3.2M added.
- The largest Ellsworth Growth & Income Fund seller in Q3 2023 was Morgan Stanley, an estimated $725K sold.
Based on aggregated 13F filings for Q3 2023.