Ellsworth Growth & Income Fund
ECF
35 hedge funds and large institutions have $40.1M invested in Ellsworth Growth & Income Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $37.5M → $40.1M (+$2.58M)
0.22% less ownership
Funds ownership: 33.84% → 33.62% (-0.22%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
3% less funds holding
Funds holding: 36 → 35 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$585K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$497K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$368K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$341K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$1.24M |
| 2 |
Morgan Stanley
New York
|
-$563K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$409K |
| 4 |
SG Americas Securities
New York
|
-$143K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$115K |
ECF Hedge Fund Activity: Q1 2014 in Review
35 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2014, worth a combined $40.1M — up 6.9% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ECF and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Doliver Advisors, adding an estimated $585K. The largest seller was Gramercy Funds Management, cutting an estimated $1.24M.
- 35 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2014, down from 36 in Q4 2013.
- Funds reported $40.1M of Ellsworth Growth & Income Fund stock for Q1 2014, up 6.9% quarter-over-quarter.
- 4 funds opened new Ellsworth Growth & Income Fund positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2014 was Doliver Advisors, an estimated $585K added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2014 was Gramercy Funds Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2014.