Ellsworth Growth & Income Fund
ECF
62 hedge funds and large institutions have $45.5M invested in Ellsworth Growth & Income Fund in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
17% more funds holding
Funds holding: 53 → 62 (+9)
6% more capital invested
Capital invested by funds: $42.8M → $45.5M (+$2.69M)
2.21% more ownership
Funds ownership: 37.97% → 40.18% (+2.2%)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.38M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$779K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$417K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$365K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.61M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$326K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$216K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$209K |
| 5 |
EWA
Emergent Wealth Advisors
Williamsville,
New York
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
51
Huntington National Bank
Columbus,
Ohio
| $80.4K | – | – | – |
|
|
CA
52
CoreCap Advisors
Southfield,
Michigan
| $38.3K | +$37.8K | +4,715 | New |
|
53
Comerica Bank
Dallas,
Texas
| $30.8K | +$440 | +55 | +1% |
|
|
AWM
54
Avior Wealth Management
Omaha,
Nebraska
| $17.8K | +$280 | +35 | +2% |
|
|
GWSG
55
GPS Wealth Strategies Group
Centennial,
Colorado
| $3.06K | – | – | – |
|
56
Bessemer Group
Woodbridge,
New Jersey
| $3K | +$3.34K | +417 | New |
|
57
Bank of America
Charlotte,
North Carolina
| $2.73K | – | – | – |
|
|
PS
58
Principal Securities
Des Moines,
Iowa
| $2.68K | – | – | – |
|
59
US Bancorp
Minneapolis,
Minnesota
| $1.01K | -$601 | -75 | -38% |
|
|
IA
60
IFP Advisors
Tampa,
Florida
| $698 | – | – | – |
|
61
First Manhattan
New York
| $405 | – | – | – |
|
|
GI
62
GAMMA Investing
Foster City,
California
| $122 | +$120 | +15 | New |
|
|
PA
63
Parallel Advisors
San Francisco,
California
| $17 | – | – | – |
|
|
EWA
64
Emergent Wealth Advisors
Williamsville,
New York
| – | -$205K | -25,325 | Closed |
|
65
JP Morgan Chase
New York
| – | -$8.72K | -1,079 | Closed |
|
ECF Hedge Fund Activity: Q1 2024 in Review
62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2024, worth a combined $45.5M — up 6.3% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ECF positions and 2 closed out — a net gain of 9 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $1.38M. The largest seller was Morgan Stanley, cutting an estimated $1.61M.
- 62 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2024, up from 53 in Q4 2023.
- Funds reported $45.5M of Ellsworth Growth & Income Fund stock for Q1 2024, up 6.3% quarter-over-quarter.
- 11 funds opened new Ellsworth Growth & Income Fund positions in Q1 2024 and 2 closed out, a net change of +9 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2024 was Cornerstone Advisors, an estimated $1.38M added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $1.61M sold.
Based on aggregated 13F filings for Q1 2024.