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ECF

Ellsworth Growth & Income Fund

62 hedge funds and large institutions have $45.5M invested in Ellsworth Growth & Income Fund in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

17% more funds holding

Funds holding: 5362 (+9)

6% more capital invested

Capital invested by funds: $42.8M → $45.5M (+$2.69M)

2.21% more ownership

Funds ownership: 37.97%40.18% (+2.2%)

19% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 21

Holders
62
Holders Change
+9
Holders Change %
+16.98%
% of All Funds
0.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
17
Reduced
21
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$8.52M +$333K +41,613 +4%
SCM
2
Saba Capital Management
New York
$5.38M +$217K +27,107 +4%
Ameriprise
3
Ameriprise
Minnesota
$3.02M +$171K +21,405 +6%
CA
4
Cornerstone Advisors
North Carolina
$2.74M +$1.38M +172,278 +105%
Wealth Enhancement Advisory Services
5
Wealth Enhancement Advisory Services
Minnesota
$2.57M +$46.5K +5,813 +2%
AAM
6
Advisors Asset Management
Colorado
$2.28M -$18.4K -2,304 -0.8%
Morgan Stanley
7
Morgan Stanley
New York
$1.95M -$1.61M -201,308 -46%
GC
8
Guggenheim Capital
Illinois
$1.93M -$209K -26,069 -10%
WAM
9
WNY Asset Management
New York
$1.36M -$45.9K -5,731 -3%
AA
10
AQR Arbitrage
Connecticut
$1.15M +$322K +40,190 +40%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$1.14M +$85K +10,612 +8%
FFP
12
FourThought Financial Partners
Florida
$943K +$15.3K +1,910 +2%
Invesco
13
Invesco
Georgia
$805K -$326K -40,761 -29%
SFS
14
Shaker Financial Services
Virginia
$790K +$779K +97,238 New
VL
15
Vima LLC
Michigan
$777K -$149K -18,586 -16%
WAM
16
Wolverine Asset Management
Illinois
$762K +$47.5K +5,931 +7%
Pathstone Holdings
17
Pathstone Holdings
New Jersey
$753K -$6.61K -826 -0.9%
LCM
18
Landscape Capital Management
New Jersey
$688K +$365K +45,596 +117%
BI
19
Bulldog Investors
New Jersey
$631K +$6.41K +800 +1%
NA
20
NewEdge Advisors
Louisiana
$522K -$53.1K -6,628 -9%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$502K -$8.42K -1,052 -2%
IFWM
22
Institute for Wealth Management
Colorado
$493K -$136 -17 -0%
LSC
23
Logan Stone Capital
Illinois
$423K +$417K +52,036 New
9WM
24
9258 Wealth Management
Ohio
$381K -$2.63K -328 -0.7%
BBPWM
25
Blue Bell Private Wealth Management
Pennsylvania
$378K +$260K +32,531 +232%

ECF Hedge Fund Activity: Q1 2024 in Review

62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ellsworth Growth & Income Fund (ECF) for Q1 2024, worth a combined $45.5M — up 6.3% from $42.8M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ECF positions and 2 closed out — a net gain of 9 holders — while 17 added to existing stakes and 21 trimmed.

The largest buyer was Cornerstone Advisors, adding an estimated $1.38M. The largest seller was Morgan Stanley, cutting an estimated $1.61M.

  • 62 institutional investors held Ellsworth Growth & Income Fund (ECF) as of Q1 2024, up from 53 in Q4 2023.
  • Funds reported $45.5M of Ellsworth Growth & Income Fund stock for Q1 2024, up 6.3% quarter-over-quarter.
  • 11 funds opened new Ellsworth Growth & Income Fund positions in Q1 2024 and 2 closed out, a net change of +9 holders.
  • The largest Ellsworth Growth & Income Fund buyer in Q1 2024 was Cornerstone Advisors, an estimated $1.38M added.
  • The largest Ellsworth Growth & Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $1.61M sold.

Based on aggregated 13F filings for Q1 2024.