Eagle Growth and Income Opportunities Fund
EGIF
EGIF was delisted on the 27th of July, 2020.
20 hedge funds and large institutions have $40.5M invested in Eagle Growth and Income Opportunities Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
5% less funds holding
Funds holding: 21 → 20 (-1)
7% less capital invested
Capital invested by funds: $43.3M → $40.5M (-$2.82M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.93M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$308K |
| 3 |
SCM
Saba Capital Management
New York
|
+$199K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$165K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.88M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.32M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.37M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$248K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$49.1K |
EGIF Hedge Fund Activity: Q3 2019 in Review
20 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Eagle Growth and Income Opportunities Fund (EGIF) for Q3 2019, worth a combined $40.5M — down 6.5% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EGIF and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $3.93M. The largest seller was Raymond James & Associates, cutting an estimated $3.88M.
- 20 institutional investors held Eagle Growth and Income Opportunities Fund (EGIF) as of Q3 2019, down from 21 in Q2 2019.
- Funds reported $40.5M of Eagle Growth and Income Opportunities Fund stock for Q3 2019, down 6.5% quarter-over-quarter.
- 3 funds opened new Eagle Growth and Income Opportunities Fund positions in Q3 2019 and 4 closed out, a net change of -1 holder.
- The largest Eagle Growth and Income Opportunities Fund buyer in Q3 2019 was Karpus Investment Management, an estimated $3.93M added.
- The largest Eagle Growth and Income Opportunities Fund seller in Q3 2019 was Raymond James & Associates, an estimated $3.88M sold.
Based on aggregated 13F filings for Q3 2019.