Eagle Growth and Income Opportunities Fund
EGIF
EGIF was delisted on the 27th of July, 2020.
20 hedge funds and large institutions have $24.1M invested in Eagle Growth and Income Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 8 closing their positions.
9% less funds holding
Funds holding: 22 → 20 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
44% less capital invested
Capital invested by funds: $42.7M → $24.1M (-$18.6M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.91M |
| 2 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$342K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$219K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$170K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.33M |
| 2 |
BS
Boenning & Scattergood
West Conshohocken,
Pennsylvania
|
-$838K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$790K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$663K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$283K |
EGIF Hedge Fund Activity: Q1 2020 in Review
20 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Eagle Growth and Income Opportunities Fund (EGIF) for Q1 2020, worth a combined $24.1M — down 44% from $42.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EGIF and 7 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 3 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.91M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $3.33M sold.
- 20 institutional investors held Eagle Growth and Income Opportunities Fund (EGIF) as of Q1 2020, down from 22 in Q4 2019.
- Funds reported $24.1M of Eagle Growth and Income Opportunities Fund stock for Q1 2020, down 44% quarter-over-quarter.
- 7 funds opened new Eagle Growth and Income Opportunities Fund positions in Q1 2020 and 8 closed out, a net change of -1 holder.
- The largest Eagle Growth and Income Opportunities Fund buyer in Q1 2020 was Rivernorth Capital Management, an estimated $1.91M added.
- The largest Eagle Growth and Income Opportunities Fund seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $3.33M sold.
Based on aggregated 13F filings for Q1 2020.