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ECF

Ellsworth Growth & Income Fund

38 hedge funds and large institutions have $53.3M invested in Ellsworth Growth & Income Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $51.9M → $53.3M (+$1.33M)

0.12% more ownership

Funds ownership: 38.87%38.99% (+0.12%)

5% less funds holding

Funds holding: 4038 (-2)

17% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 12

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
38
Holders Change
-2
Holders Change %
-5%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
10
Reduced
12
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$10.7M -$1.01M -94,821 -9%
AAM
2
Advisors Asset Management
Colorado
$10.4M +$1.61M +151,072 +18%
Wells Fargo
3
Wells Fargo
California
$7.25M +$493K +46,196 +7%
UBS Group
4
UBS Group
Switzerland
$5.57M -$80.4K -7,536 -1%
GC
5
Guggenheim Capital
Illinois
$4.09M -$302K -28,350 -7%
RJA
6
Raymond James & Associates
Florida
$1.95M -$14K -1,314 -0.7%
MML Investors Services
7
MML Investors Services
Massachusetts
$1.62M +$1.65M +154,293 New
Invesco
8
Invesco
Georgia
$1.41M +$163K +15,243 +13%
ACP
9
Aviance Capital Partners
Florida
$1.24M +$37.3K +3,498 +3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.15M +$18.5K +1,738 +2%
9WM
11
9258 Wealth Management
Ohio
$949K -$81.7K -7,656 -8%
Ameriprise
12
Ameriprise
Minnesota
$866K +$17.7K +1,663 +2%
IFWM
13
Institute for Wealth Management
Colorado
$794K -$1.01K -95 -0.1%
Stifel Financial
14
Stifel Financial
Missouri
$786K +$171K +16,071 +27%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$585K -$214K -20,071 -26%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$550K +$90.1K +8,452 +19%
LCM
17
Landscape Capital Management
New Jersey
$430K -$336K -31,463 -43%
SFS
18
Shaker Financial Services
Virginia
$400K -$396K -37,169 -49%
LJAC
19
L.J. Altfest & Co
New York
$368K -$174K -16,291 -32%
RVPG
20
Relative Value Partners Group
$306K
LPL Financial
21
LPL Financial
California
$255K +$14.4K +1,348 +6%
MIC
22
Meridian Investment Counsel
California
$226K
TFCP
23
Twin Focus Capital Partners
Massachusetts
$189K
RJT
24
Raymond James Trust
Florida
$185K
IWM
25
IHT Wealth Management
Illinois
$183K +$16K +1,500 +10%

ECF Hedge Fund Activity: Q3 2019 in Review

38 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q3 2019, worth a combined $53.3M — up 2.6% from $51.9M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of ECF and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 10 added.

The largest buyer was MML Investors Services, opening a new position worth an estimated $1.65M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.06M sold.

  • 38 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q3 2019, down from 40 in Q2 2019.
  • Funds reported $53.3M of Ellsworth Growth & Income Fund stock for Q3 2019, up 2.6% quarter-over-quarter.
  • 2 funds opened new Ellsworth Growth & Income Fund positions in Q3 2019 and 4 closed out, a net change of -2 holders.
  • The largest Ellsworth Growth & Income Fund buyer in Q3 2019 was MML Investors Services, an estimated $1.65M added.
  • The largest Ellsworth Growth & Income Fund seller in Q3 2019 was Wolverine Asset Management, an estimated $1.06M sold.

Based on aggregated 13F filings for Q3 2019.