Ellsworth Growth & Income Fund
ECF
58 hedge funds and large institutions have $53.1M invested in Ellsworth Growth & Income Fund in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
13% more capital invested
Capital invested by funds: $46.9M → $53.1M (+$6.25M)
12% more funds holding
Funds holding: 52 → 58 (+6)
1.55% more ownership
Funds ownership: 41.29% → 42.84% (+1.6%)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.74M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.04M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$538K |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$419K |
| 5 |
Morgan Stanley
New York
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.19M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$645K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$581K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$326K |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
-$294K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Comerica Bank
Dallas,
Texas
| $22K | -$11.1K | -1,290 | -35% |
|
52
Bessemer Group
Woodbridge,
New Jersey
| $4K | +$360 | +42 | +10% |
|
|
GWSG
53
GPS Wealth Strategies Group
Centennial,
Colorado
| $3.39K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $2.25K | – | – | – |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| $773 | – | – | – |
|
56
Bank of America
Charlotte,
North Carolina
| $494 | -$2.41K | -281 | -84% |
|
|
GI
57
GAMMA Investing
Foster City,
California
| $135 | – | – | – |
|
|
PA
58
Parallel Advisors
San Francisco,
California
| $19 | – | – | – |
|
|
RL
59
RPO LLC
Stamford,
Connecticut
| – | -$294K | -35,664 | Closed |
|
ECF Hedge Fund Activity: Q3 2024 in Review
58 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2024, worth a combined $53.1M — up 13% from $46.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ECF positions and 1 closed out — a net gain of 6 holders — while 19 added to existing stakes and 20 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.74M. The largest seller was Cornerstone Advisors, cutting an estimated $2.19M.
- 58 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2024, up from 52 in Q2 2024.
- Funds reported $53.1M of Ellsworth Growth & Income Fund stock for Q3 2024, up 13% quarter-over-quarter.
- 7 funds opened new Ellsworth Growth & Income Fund positions in Q3 2024 and 1 closed out, a net change of +6 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q3 2024 was Saba Capital Management, an estimated $2.74M added.
- The largest Ellsworth Growth & Income Fund seller in Q3 2024 was Cornerstone Advisors, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2024.