Ellsworth Growth & Income Fund
ECF
52 hedge funds and large institutions have $46.9M invested in Ellsworth Growth & Income Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 12 closing their positions.
1.11% more ownership
Funds ownership: 40.18% → 41.29% (+1.1%)
3% more capital invested
Capital invested by funds: $45.5M → $46.9M (+$1.42M)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
16% less funds holding
Funds holding: 62 → 52 (-10)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.37M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$239K |
| 3 |
Morgan Stanley
New York
|
+$238K |
| 4 |
VL
Vima LLC
Troy,
Michigan
|
+$158K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFP
FourThought Financial Partners
Venice,
Florida
|
-$943K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$651K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$423K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$268K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$263K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
51
GAMMA Investing
Foster City,
California
| $124 | – | – | – |
|
|
PA
52
Parallel Advisors
San Francisco,
California
| $18 | – | – | – |
|
|
FFP
53
FourThought Financial Partners
Venice,
Florida
| – | -$943K | -116,141 | Closed |
|
|
LSC
54
Logan Stone Capital
Chicago,
Illinois
| – | -$423K | -52,036 | Closed |
|
|
RVPG
55
Relative Value Partners Group
| – | -$253K | -32,006 | Closed |
|
|
MWM
56
Modera Wealth Management
Westwood,
New Jersey
| – | -$181K | -22,294 | Closed |
|
|
TFCP
57
Twin Focus Capital Partners
Boston,
Massachusetts
| – | -$151K | -18,600 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$122K | -15,022 | Closed |
|
59
Stifel Financial
St. Louis,
Missouri
| – | -$86.9K | -10,700 | Closed |
|
|
CA
60
CoreCap Advisors
Southfield,
Michigan
| – | -$38.3K | -4,715 | Closed |
|
|
AWM
61
Avior Wealth Management
Omaha,
Nebraska
| – | -$17.8K | -2,190 | Closed |
|
|
PS
62
Principal Securities
Des Moines,
Iowa
| – | -$2.68K | -330 | Closed |
|
63
US Bancorp
Minneapolis,
Minnesota
| – | -$1.01K | -125 | Closed |
|
64
First Manhattan
New York
| – | -$405 | -50 | Closed |
|
ECF Hedge Fund Activity: Q2 2024 in Review
52 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2024, worth a combined $46.9M — up 3.1% from $45.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ECF and 2 opened new positions — a net loss of 10 holders — while 19 trimmed existing stakes and 18 added.
The largest buyer was Saba Capital Management, adding an estimated $3.37M. The largest seller was FourThought Financial Partners, exiting entirely with an estimated $943K sold.
- 52 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2024, down from 62 in Q1 2024.
- Funds reported $46.9M of Ellsworth Growth & Income Fund stock for Q2 2024, up 3.1% quarter-over-quarter.
- 2 funds opened new Ellsworth Growth & Income Fund positions in Q2 2024 and 12 closed out, a net change of -10 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q2 2024 was Saba Capital Management, an estimated $3.37M added.
- The largest Ellsworth Growth & Income Fund seller in Q2 2024 was FourThought Financial Partners, an estimated $943K sold.
Based on aggregated 13F filings for Q2 2024.