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ECF

Ellsworth Growth & Income Fund

36 hedge funds and large institutions have $37.5M invested in Ellsworth Growth & Income Fund in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

9% more funds holding

Funds holding: 3336 (+3)

6% more capital invested

Capital invested by funds: $35.2M → $37.5M (+$2.27M)

0.57% more ownership

Funds ownership: 33.28%33.84% (+0.57%)

0% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 12

Holders
36
Holders Change
+3
Holders Change %
+9.09%
% of All Funds
1.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
12
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$6.27M +$2.52M +314,436 +70%
U
2
UBS
Switzerland
$5.13M +$128K +15,966 +3%
AAM
3
Advisors Asset Management
Colorado
$3.28M +$294K +36,667 +10%
Morgan Stanley
4
Morgan Stanley
New York
$3.27M +$279K +34,765 +10%
1CP
5
1607 Capital Partners
Virginia
$2.55M +$419K +52,253 +20%
RVP
6
Relative Value Partners
Illinois
$2.42M -$6.16K -769 -0.3%
GFM
7
Gramercy Funds Management
Connecticut
$2.15M -$380K -47,400 -15%
GC
8
Guggenheim Capital
Illinois
$1.93M -$151K -18,868 -7%
WAM
9
Wolverine Asset Management
Illinois
$1.43M +$261K +32,554 +23%
BI
10
Bulldog Investors
New Jersey
$1.22M -$640K -79,930 -35%
SFS
11
Shaker Financial Services
Virginia
$867K -$286K -35,661 -25%
DI
12
Dalton Investments
Nevada
$732K -$13.1K -1,630 -2%
MFS
13
MSI Financial Services
Massachusetts
$698K +$12.9K +1,611 +2%
LJAC
14
L.J. Altfest & Co
New York
$675K +$660K +82,409 New
DA
15
Doliver Advisors
Texas
$605K -$463K -57,832 -44%
CWM
16
Concert Wealth Management
California
$604K +$3.25K +405 +0.6%
Citigroup
17
Citigroup
New York
$503K -$31.1K -3,877 -6%
HighTower Advisors
18
HighTower Advisors
Illinois
$500K +$2.72K +339 +0.6%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$385K -$65.8K -8,218 -15%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$306K
CCM
21
Coe Capital Management
Illinois
$279K
RJA
22
Raymond James & Associates
Florida
$274K +$23.1K +2,883 +9%
LCM
23
Landscape Capital Management
New Jersey
$270K +$265K +33,023 New
HCMT
24
Highland Capital Management (Texas)
Texas
$194K
ST
25
Sentinel Trust
Texas
$191K

ECF Hedge Fund Activity: Q4 2013 in Review

36 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q4 2013, worth a combined $37.5M — up 6.4% from $35.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new ECF positions and 5 closed out — a net gain of 3 holders — while 12 added to existing stakes and 12 trimmed.

The largest buyer was Wells Fargo, adding an estimated $2.52M. The largest seller was John G. Ullman & Associates, cutting an estimated $2M.

  • 36 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q4 2013, up from 33 in Q3 2013.
  • Funds reported $37.5M of Ellsworth Growth & Income Fund stock for Q4 2013, up 6.4% quarter-over-quarter.
  • 8 funds opened new Ellsworth Growth & Income Fund positions in Q4 2013 and 5 closed out, a net change of +3 holders.
  • The largest Ellsworth Growth & Income Fund buyer in Q4 2013 was Wells Fargo, an estimated $2.52M added.
  • The largest Ellsworth Growth & Income Fund seller in Q4 2013 was John G. Ullman & Associates, an estimated $2M sold.

Based on aggregated 13F filings for Q4 2013.