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ECF

Ellsworth Growth & Income Fund

33 hedge funds and large institutions have $35.2M invested in Ellsworth Growth & Income Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more funds holding

Funds holding: 3033 (+3)

5% more capital invested

Capital invested by funds: $33.5M → $35.2M (+$1.67M)

0.72% more ownership

Funds ownership: 32.56%33.28% (+0.72%)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
33
Holders Change
+3
Holders Change %
+10%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
10
Reduced
14
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
1
UBS
Switzerland
$4.81M +$146K +18,720 +3%
Wells Fargo
2
Wells Fargo
California
$3.55M -$456K -58,629 -11%
Morgan Stanley
3
Morgan Stanley
New York
$2.87M +$616K +79,163 +28%
AAM
4
Advisors Asset Management
Colorado
$2.86M -$88.9K -11,423 -3%
GFM
5
Gramercy Funds Management
Connecticut
$2.44M +$20.3K +2,606 +0.8%
RVP
6
Relative Value Partners
Illinois
$2.33M -$23.7K -3,041 -1%
JGUA
7
John G. Ullman & Associates
New York
$2.07M -$211K -27,150 -9%
1CP
8
1607 Capital Partners
Virginia
$2.04M +$254K +32,689 +14%
GC
9
Guggenheim Capital
Illinois
$2M -$85.6K -10,998 -4%
BI
10
Bulldog Investors
New Jersey
$1.8M -$33.2K -4,269 -2%
WAM
11
Wolverine Asset Management
Illinois
$1.12M +$213K +27,344 +24%
SFS
12
Shaker Financial Services
Virginia
$1.11M +$128K +16,499 +13%
DA
13
Doliver Advisors
Texas
$1.04M -$475K -61,038 -32%
DI
14
Dalton Investments
Nevada
$716K -$11.3K -1,446 -2%
MFS
15
MSI Financial Services
Massachusetts
$658K +$144K +18,444 +28%
CWM
16
Concert Wealth Management
California
$579K -$16.4K -2,105 -3%
Citigroup
17
Citigroup
New York
$512K +$7.39K +950 +1%
HighTower Advisors
18
HighTower Advisors
Illinois
$478K -$3.07K -395 -0.6%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$434K -$9.42K -1,210 -2%
AQR Capital Management
20
AQR Capital Management
Connecticut
$332K +$329K +42,244 New
CCM
21
Coe Capital Management
Illinois
$268K
RJA
22
Raymond James & Associates
Florida
$241K +$21K +2,698 +10%
HCMT
23
Highland Capital Management (Texas)
Texas
$187K
ST
24
Sentinel Trust
Texas
$184K +$182K +23,370 New
TC
25
TFS Capital
Pennsylvania
$163K -$11K -1,412 -6%

ECF Hedge Fund Activity: Q3 2013 in Review

33 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2013, worth a combined $35.2M — up 5% from $33.5M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new ECF positions and 0 closed out — a net gain of 3 holders — while 10 added to existing stakes and 14 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $616K. The largest seller was Doliver Advisors, cutting an estimated $475K.

  • 33 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2013, up from 30 in Q2 2013.
  • Funds reported $35.2M of Ellsworth Growth & Income Fund stock for Q3 2013, up 5% quarter-over-quarter.
  • 3 funds opened new Ellsworth Growth & Income Fund positions in Q3 2013 and 0 closed out, a net change of +3 holders.
  • The largest Ellsworth Growth & Income Fund buyer in Q3 2013 was Morgan Stanley, an estimated $616K added.
  • The largest Ellsworth Growth & Income Fund seller in Q3 2013 was Doliver Advisors, an estimated $475K sold.

Based on aggregated 13F filings for Q3 2013.