Ellsworth Growth & Income Fund
ECF
33 hedge funds and large institutions have $55.6M invested in Ellsworth Growth & Income Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 12 closing their positions.
1.79% less ownership
Funds ownership: 38.43% → 36.64% (-1.8%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
20% less funds holding
Funds holding: 41 → 33 (-8)
42% less capital inflows, than outflows
Capital inflows: $2.59M | Capital outflows: $4.48M
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.15M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
+$364K |
| 3 |
Foundations Investment Advisors
Phoenix,
Arizona
|
+$329K |
| 4 |
Trek Financial
Scottsdale,
Arizona
|
+$223K |
| 5 |
LPL Financial
San Diego,
California
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
-$1.07M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$483K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$411K |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$348K |
| 5 |
Matisse Capital
Portland,
Oregon
|
-$337K |
ECF Hedge Fund Activity: Q2 2020 in Review
33 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q2 2020, worth a combined $55.6M — up 27% from $43.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ECF and 4 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $1.15M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.07M sold.
- 33 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q2 2020, down from 41 in Q1 2020.
- Funds reported $55.6M of Ellsworth Growth & Income Fund stock for Q2 2020, up 27% quarter-over-quarter.
- 4 funds opened new Ellsworth Growth & Income Fund positions in Q2 2020 and 12 closed out, a net change of -8 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q2 2020 was Wells Fargo, an estimated $1.15M added.
- The largest Ellsworth Growth & Income Fund seller in Q2 2020 was Shaker Financial Services, an estimated $1.07M sold.
Based on aggregated 13F filings for Q2 2020.