Ellsworth Growth & Income Fund
ECF
31 hedge funds and large institutions have $38.5M invested in Ellsworth Growth & Income Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 10 closing their positions.
3.27% less ownership
Funds ownership: 34.68% → 31.41% (-3.3%)
21% less funds holding
Funds holding: 39 → 31 (-8)
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
61% less capital inflows, than outflows
Capital inflows: $2.56M | Capital outflows: $6.63M
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.38M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$494K |
| 3 |
Sentinel Trust
Houston,
Texas
|
+$205K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$165K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$938K |
| 2 |
L.J. Altfest & Co
New York
|
-$824K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$671K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$578K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
-$569K |
ECF Hedge Fund Activity: Q1 2015 in Review
31 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2015, worth a combined $38.5M — down 9.3% from $42.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ECF and 2 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $1.38M. The largest seller was Wells Fargo, cutting an estimated $938K.
- 31 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2015, down from 39 in Q4 2014.
- Funds reported $38.5M of Ellsworth Growth & Income Fund stock for Q1 2015, down 9.3% quarter-over-quarter.
- 2 funds opened new Ellsworth Growth & Income Fund positions in Q1 2015 and 10 closed out, a net change of -8 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2015 was Morgan Stanley, an estimated $1.38M added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2015 was Wells Fargo, an estimated $938K sold.
Based on aggregated 13F filings for Q1 2015.