Ellsworth Growth & Income Fund
ECF
53 hedge funds and large institutions have $42.8M invested in Ellsworth Growth & Income Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
13% more funds holding
Funds holding: 47 → 53 (+6)
11% more capital invested
Capital invested by funds: $38.7M → $42.8M (+$4.07M)
3.42% more ownership
Funds ownership: 34.55% → 37.97% (+3.4%)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$678K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$664K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$615K |
| 4 |
Morgan Stanley
New York
|
+$588K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$880K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$293K |
| 3 |
Mariner
Overland Park,
Kansas
|
-$180K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$93.1K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$85.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $1.62K | +$1.54K | +200 | New |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| $695 | – | – | – |
|
53
First Manhattan
New York
| $404 | – | – | – |
|
|
PA
54
Parallel Advisors
San Francisco,
California
| $17 | – | – | – |
|
|
55
Mariner
Overland Park,
Kansas
| – | -$180K | -22,413 | Closed |
|
|
56
Stifel Financial
St. Louis,
Missouri
| – | -$85.3K | -10,600 | Closed |
|
ECF Hedge Fund Activity: Q4 2023 in Review
53 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q4 2023, worth a combined $42.8M — up 11% from $38.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ECF positions and 2 closed out — a net gain of 7 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $678K. The largest seller was Aviance Capital Partners, cutting an estimated $880K.
- 53 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $42.8M of Ellsworth Growth & Income Fund stock for Q4 2023, up 11% quarter-over-quarter.
- 9 funds opened new Ellsworth Growth & Income Fund positions in Q4 2023 and 2 closed out, a net change of +7 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q4 2023 was Wolverine Asset Management, an estimated $678K added.
- The largest Ellsworth Growth & Income Fund seller in Q4 2023 was Aviance Capital Partners, an estimated $880K sold.
Based on aggregated 13F filings for Q4 2023.