Ellsworth Growth & Income Fund
ECF
33 hedge funds and large institutions have $37.6M invested in Ellsworth Growth & Income Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 5 closing their positions.
47% more capital inflows, than outflows
Capital inflows: $3.33M | Capital outflows: $2.27M
1.55% more ownership
Funds ownership: 34.58% → 36.13% (+1.6%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
+$788K |
| 2 |
L.J. Altfest & Co
New York
|
+$717K |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
+$377K |
| 4 |
Citigroup
New York
|
+$370K |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
-$1.38M |
| 2 |
Relative Value Partners Group
|
-$465K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$82K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$82K |
| 5 |
Signet Financial Management
Parsippany,
New Jersey
|
-$77K |
ECF Hedge Fund Activity: Q2 2016 in Review
33 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2016, worth a combined $37.6M — up 6.9% from $35.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ECF and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 10 added.
The largest buyer was Shaker Financial Services, adding an estimated $788K. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $1.38M sold.
- 33 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $37.6M of Ellsworth Growth & Income Fund stock for Q2 2016, up 6.9% quarter-over-quarter.
- 4 funds opened new Ellsworth Growth & Income Fund positions in Q2 2016 and 5 closed out, a net change of -1 holder.
- The largest Ellsworth Growth & Income Fund buyer in Q2 2016 was Shaker Financial Services, an estimated $788K added.
- The largest Ellsworth Growth & Income Fund seller in Q2 2016 was 1607 Capital Partners, an estimated $1.38M sold.
Based on aggregated 13F filings for Q2 2016.