Ellsworth Growth & Income Fund
ECF
41 hedge funds and large institutions have $43.7M invested in Ellsworth Growth & Income Fund in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
8% more funds holding
Funds holding: 38 → 41 (+3)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
1.48% less ownership
Funds ownership: 39.91% → 38.43% (-1.5%)
28% less capital invested
Capital invested by funds: $61.1M → $43.7M (-$17.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.35M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$596K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$437K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$423K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$320K |
| 3 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$317K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$229K |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$212K |
ECF Hedge Fund Activity: Q1 2020 in Review
41 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2020, worth a combined $43.7M — down 28% from $61.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ECF positions and 4 closed out — a net gain of 5 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.35M. The largest seller was UBS Group, cutting an estimated $4.8M.
- 41 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2020, up from 38 in Q4 2019.
- Funds reported $43.7M of Ellsworth Growth & Income Fund stock for Q1 2020, down 28% quarter-over-quarter.
- 9 funds opened new Ellsworth Growth & Income Fund positions in Q1 2020 and 4 closed out, a net change of +5 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q1 2020 was Shaker Financial Services, an estimated $1.35M added.
- The largest Ellsworth Growth & Income Fund seller in Q1 2020 was UBS Group, an estimated $4.8M sold.
Based on aggregated 13F filings for Q1 2020.