Ellsworth Growth & Income Fund
ECF
56 hedge funds and large institutions have $30.7M invested in Ellsworth Growth & Income Fund in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
14% more funds holding
Funds holding: 49 → 56 (+7)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0.48% less ownership
Funds ownership: 28.29% → 27.81% (-0.48%)
3% less capital invested
Capital invested by funds: $31.6M → $30.7M (-$855K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
WNY Asset Management
Williamsville,
New York
|
+$743K |
| 2 |
SCM
Saba Capital Management
New York
|
+$642K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$592K |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$526K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.38M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2M |
| 3 |
Morgan Stanley
New York
|
-$436K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$348K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$336K |
ECF Hedge Fund Activity: Q4 2022 in Review
56 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q4 2022, worth a combined $30.7M — down 2.7% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ECF positions and 6 closed out — a net gain of 8 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was WNY Asset Management, adding an estimated $743K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.38M.
- 56 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q4 2022, up from 49 in Q3 2022.
- Funds reported $30.7M of Ellsworth Growth & Income Fund stock for Q4 2022, down 2.7% quarter-over-quarter.
- 14 funds opened new Ellsworth Growth & Income Fund positions in Q4 2022 and 6 closed out, a net change of +8 holders.
- The largest Ellsworth Growth & Income Fund buyer in Q4 2022 was WNY Asset Management, an estimated $743K added.
- The largest Ellsworth Growth & Income Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $2.38M sold.
Based on aggregated 13F filings for Q4 2022.