Ellsworth Growth & Income Fund
ECF
33 hedge funds and large institutions have $44.7M invested in Ellsworth Growth & Income Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 7 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
9% more capital invested
Capital invested by funds: $40.9M → $44.7M (+$3.77M)
0.01% less ownership
Funds ownership: 33.48% → 33.48% (-0.01%)
8% less funds holding
Funds holding: 36 → 33 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.41M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$390K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$261K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$187K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$420K |
| 2 |
Morgan Stanley
New York
|
-$346K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$329K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$325K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$308K |
ECF Hedge Fund Activity: Q3 2018 in Review
33 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2018, worth a combined $44.7M — up 9.2% from $40.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ECF and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.41M. The largest seller was Saba Capital Management, exiting entirely with an estimated $420K sold.
- 33 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2018, down from 36 in Q2 2018.
- Funds reported $44.7M of Ellsworth Growth & Income Fund stock for Q3 2018, up 9.2% quarter-over-quarter.
- 5 funds opened new Ellsworth Growth & Income Fund positions in Q3 2018 and 7 closed out, a net change of -2 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q3 2018 was Advisors Asset Management, an estimated $1.41M added.
- The largest Ellsworth Growth & Income Fund seller in Q3 2018 was Saba Capital Management, an estimated $420K sold.
Based on aggregated 13F filings for Q3 2018.