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ECF

Ellsworth Growth & Income Fund

32 hedge funds and large institutions have $38.9M invested in Ellsworth Growth & Income Fund in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $38.1M → $38.9M (+$805K)

0.76% less ownership

Funds ownership: 33.64%32.88% (-0.76%)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

14% less funds holding

Funds holding: 3732 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
32
Holders Change
-5
Holders Change %
-13.51%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
10
Reduced
11
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.99M -$288K -32,177 -3%
UBS Group
2
UBS Group
Switzerland
$7.74M +$70.9K +7,937 +0.9%
AAM
3
Advisors Asset Management
Colorado
$3.5M +$556K +62,230 +19%
Wells Fargo
4
Wells Fargo
California
$2.8M +$232K +25,984 +9%
GC
5
Guggenheim Capital
Illinois
$2.49M -$115K -12,919 -5%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$2.23M -$46.1K -5,159 -2%
RJA
7
Raymond James & Associates
Florida
$2.03M +$189K +21,136 +11%
Ameriprise
8
Ameriprise
Minnesota
$1.14M +$276K +30,841 +33%
MML Investors Services
9
MML Investors Services
Massachusetts
$958K -$236K -26,415 -20%
LJAC
10
L.J. Altfest & Co
New York
$868K +$8.05K +901 +1%
ACP
11
Aviance Capital Partners
Florida
$856K +$138K +15,481 +20%
IFWM
12
Institute for Wealth Management
Colorado
$785K +$768K +85,916 New
SCM
13
Saba Capital Management
New York
$731K -$15.2K -1,700 -2%
BI
14
Bulldog Investors
New Jersey
$704K
HighTower Advisors
15
HighTower Advisors
Illinois
$500K -$5.78K -647 -1%
RVPG
16
Relative Value Partners Group
$387K -$59.3K -6,637 -14%
MIC
17
Meridian Investment Counsel
California
$230K
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$152K -$4.19K -469 -3%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$140K
PA
20
Parallel Advisors
California
$127K +$902 +101 +0.8%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$115K +$112K +12,550 +46,481%
LCM
22
Landscape Capital Management
New Jersey
$96K -$423K -47,373 -82%
OC
23
Oppenheimer & Co
New York
$92K -$465 -52 -0.5%
Bank of America
24
Bank of America
North Carolina
$61K
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$46K

ECF Hedge Fund Activity: Q2 2017 in Review

32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2017, worth a combined $38.9M — up 2.1% from $38.1M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of ECF and 3 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 10 added.

The largest buyer was Advisors Asset Management, adding an estimated $556K. The largest seller was Concert Wealth Management, exiting entirely with an estimated $710K sold.

  • 32 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2017, down from 37 in Q1 2017.
  • Funds reported $38.9M of Ellsworth Growth & Income Fund stock for Q2 2017, up 2.1% quarter-over-quarter.
  • 3 funds opened new Ellsworth Growth & Income Fund positions in Q2 2017 and 8 closed out, a net change of -5 holders.
  • The largest Ellsworth Growth & Income Fund buyer in Q2 2017 was Advisors Asset Management, an estimated $556K added.
  • The largest Ellsworth Growth & Income Fund seller in Q2 2017 was Concert Wealth Management, an estimated $710K sold.

Based on aggregated 13F filings for Q2 2017.