Ellsworth Growth & Income Fund
ECF
36 hedge funds and large institutions have $40.9M invested in Ellsworth Growth & Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
16% more funds holding
Funds holding: 31 → 36 (+5)
6% more capital invested
Capital invested by funds: $38.6M → $40.9M (+$2.33M)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.7% more ownership
Funds ownership: 32.78% → 33.48% (+0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.28M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$755K |
| 3 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$165K |
| 4 |
Morgan Stanley
New York
|
+$115K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.17M |
| 2 |
SCM
Saba Capital Management
New York
|
-$322K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$132K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$116K |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
-$108K |
ECF Hedge Fund Activity: Q2 2018 in Review
36 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2018, worth a combined $40.9M — up 6% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ECF positions and 2 closed out — a net gain of 5 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.28M. The largest seller was UBS Group, cutting an estimated $1.17M.
- 36 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2018, up from 31 in Q1 2018.
- Funds reported $40.9M of Ellsworth Growth & Income Fund stock for Q2 2018, up 6% quarter-over-quarter.
- 7 funds opened new Ellsworth Growth & Income Fund positions in Q2 2018 and 2 closed out, a net change of +5 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q2 2018 was Wells Fargo, an estimated $1.28M added.
- The largest Ellsworth Growth & Income Fund seller in Q2 2018 was UBS Group, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2018.