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ECF

Ellsworth Growth & Income Fund

33 hedge funds and large institutions have $35.5M invested in Ellsworth Growth & Income Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 9

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

3% more funds holding

Funds holding: 3233 (+1)

0.64% less ownership

Funds ownership: 33.31%32.68% (-0.64%)

1% less capital invested

Capital invested by funds: $35.8M → $35.5M (-$348K)

Holders
33
Holders Change
+1
Holders Change %
+3.13%
% of All Funds
0.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
9
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.51M +$117K +14,493 +1%
UBS Group
2
UBS Group
Switzerland
$6.7M -$77.8K -9,604 -1%
AAM
3
Advisors Asset Management
Colorado
$2.84M +$86.7K +10,693 +3%
GC
4
Guggenheim Capital
Illinois
$2.18M -$43.2K -5,330 -2%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$1.97M -$122K -15,017 -6%
Wells Fargo
6
Wells Fargo
California
$1.92M +$90.7K +11,195 +5%
RJA
7
Raymond James & Associates
Florida
$1.37M +$397K +48,973 +42%
MFS
8
MSI Financial Services
Massachusetts
$1.21M +$28.2K +3,483 +2%
SIA
9
Sit Investment Associates
Minnesota
$839K -$360K -44,453 -30%
Ameriprise
10
Ameriprise
Minnesota
$815K +$74.4K +9,186 +10%
LJAC
11
L.J. Altfest & Co
New York
$774K +$3.98K +491 +0.5%
LCM
12
Landscape Capital Management
New Jersey
$756K +$61.2K +7,548 +9%
CWM
13
Concert Wealth Management
California
$710K +$16.6K +2,054 +2%
SCM
14
Saba Capital Management
New York
$676K
BI
15
Bulldog Investors
New Jersey
$637K +$348K +42,922 +126%
ACP
16
Aviance Capital Partners
Florida
$546K +$76.3K +9,418 +17%
HighTower Advisors
17
HighTower Advisors
Illinois
$459K -$16.6K -2,050 -4%
RVPG
18
Relative Value Partners Group
$405K
Invesco
19
Invesco
Georgia
$228K -$18.7K -2,311 -8%
MIC
20
Meridian Investment Counsel
California
$208K
IECM
21
Intrinsic Edge Capital Management
Illinois
$174K +$171K +21,092 New
Geode Capital Management
22
Geode Capital Management
Massachusetts
$127K -$59.8K -7,376 -32%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$111K +$397 +49 +0.4%
CA
24
Cornerstone Advisors
North Carolina
$90K +$87.9K +10,842 New
Bank of America
25
Bank of America
North Carolina
$55K -$70.2K -8,665 -57%

ECF Hedge Fund Activity: Q4 2016 in Review

33 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q4 2016, worth a combined $35.5M — down 0.97% from $35.8M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new ECF positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 9 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $397K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $934K sold.

  • 33 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q4 2016, up from 32 in Q3 2016.
  • Funds reported $35.5M of Ellsworth Growth & Income Fund stock for Q4 2016, down 0.97% quarter-over-quarter.
  • 7 funds opened new Ellsworth Growth & Income Fund positions in Q4 2016 and 6 closed out, a net change of +1 holder.
  • The largest Ellsworth Growth & Income Fund buyer in Q4 2016 was Raymond James & Associates, an estimated $397K added.
  • The largest Ellsworth Growth & Income Fund seller in Q4 2016 was Shaker Financial Services, an estimated $934K sold.

Based on aggregated 13F filings for Q4 2016.