Vault-13

ELLSWORTH GROWTH & INCOME FD ECF

COM · Closed-End Fund · CUSIP 289074106

53 institutional holders -11 vs Q1 2024
5,694,1835.7m shares reported held*
$46.9mreported value*
1 new 17 added 20 reduced 13 sold out net sold ≈ $3.3m (-394.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $8.24.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 51Q4 22: 58Q1 23: 54Q2 23: 49Q3 23: 48Q4 23: 55Q1 24: 64Q2 24: 5353Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202251
Q4 202258
Q1 202354
Q2 202349
Q3 202348
Q4 202355
Q1 202464
Q2 202453

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 32 bought or addedQ4 22: 25 cut or sold outQ4 22Q1 23: 25 bought or addedQ1 23: 29 cut or sold outQ2 23: 25 bought or addedQ2 23: 20 cut or sold outQ2 23Q3 23: 19 bought or addedQ3 23: 24 cut or sold outQ4 23: 23 bought or addedQ4 23: 21 cut or sold outQ4 23Q1 24: 29 bought or addedQ1 24: 22 cut or sold outQ2 24: 18 bought or addedQ2 24: 33 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223225
Q1 20232529
Q2 20232520
Q3 20231924
Q4 20232321
Q1 20242922
Q2 20241833

Biggest buyers

Saba Capital Management, L.P. Added +421,603+421.6k
AQR Arbitrage LLC Added +29,930+29.9k
VIMA LLC Added +19,754+19.8k
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Added +18,490+18.5k
Shaker Financial Services, LLC Added +13,780+13.8k
Cornerstone Advisors, LLC Added +9,652+9.7k
Bulldog Investors, LLP Added +5,445+5.4k
LPL Financial LLC Added +4,895+4.9k
Raymond James Financial Services Advisors, Inc. Added +4,295+4.3k
ROYAL BANK OF CANADA Added +1,833+1.8k

Biggest sellers

MORGAN STANLEY Reduced -449,621-449.6k
FourThought Financial Partners, LLC Sold out -116,141-116.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -81,444-81.4k
Logan Stone Capital, LLC Sold out -52,036-52.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -33,466-33.5k
Advisors Asset Management, Inc. Reduced -32,899-32.9k
Relative Value Partners Group, LLC Sold out -32,006-32.0k
Modera Wealth Management, LLC Sold out -22,294-22.3k
TWIN FOCUS CAPITAL PARTNERS, LLC Sold out -18,600-18.6k
PNC Financial Services Group, Inc. Sold out -15,022-15.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Saba Capital Management, L.P. 13D · may seek influence +1.0 pts · filed 2025-11-10
Stated purposeNot Applicable. Full filing
 12.3% +1.0 pts 1.7m≈ $22.2m 2025-11-10
GAMCO INVESTORS, INC. ET AL 13D · may seek influence filed 2025-07-01 9.1% 125.0k 2025-07-01
WELLS FARGO & COMPANY/MN 13G · institution -0.1 pts · filed 2026-07-28 6.8% -0.1 pts 931.8k≈ $12.3m 2026-07-28
SIT INVESTMENT ASSOCIATES INC 13G · institution new · filed 2025-07-07 5.6% new 772.0k≈ $10.2m 2025-07-07

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q3 22: 2 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 1 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 2 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20222$7.9m0——
Q4 20220—0——
Q1 20230—1$5.5k—
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20242$5.0k0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.20% of their portfolio NEW YORK, NY 1,084,0191.1m $8.9m $8.9m 0.20% Added +421.6k +421,603
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,049,8611.0m $8.7m $8.7m 0.00% Added +1.1k +1,068
3 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 362,653362.7k $3.0m $3.0m 0.00% Reduced -9.6k -9,628
4 Cornerstone Advisors, LLC 0.12% of their portfolio ASHEVILLE, NC 346,675346.7k $2.9m $2.9m 0.12% Added +9.7k +9,652
5 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 283,568283.6k $2.3m $2.3m 0.01% Reduced -33.5k -33,466
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 269,437269.4k $2.2m $2.2m 0.00% Reduced -449.6k -449,621
7 Advisors Asset Management, Inc. 0.04% of their portfolio Monument, CO 248,434248.4k $2.0m $2.0m 0.04% Reduced -32.9k -32,899
8 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 226,373226.4k $1.9m $1.9m 0.01% Reduced -11.0k -10,980
9 AQR Arbitrage LLC 0.04% of their portfolio Greenwich, CT 171,124171.1k $1.4m $1.4m 0.04% Added +29.9k +29,930
10 WNY Asset Management, LLC 0.18% of their portfolio Williamsville, NY 166,297166.3k $1.4m $1.4m 0.18% Reduced -1.5k -1,500
11 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 139,259139.3k $1.1m $1.1m 0.00% Reduced -856 -856
12 VIMA LLC 2.10% of their portfolio TROY, MI 115,545115.5k $952.1k $952.1k 2.10% Added +19.8k +19,754
13 Shaker Financial Services, LLC 0.37% of their portfolio Arlington, VA 111,018111.0k $914.8k $914.8k 0.37% Added +13.8k +13,780
14 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 100,425100.4k $827.5k $827.5k 0.00% Added +1.2k +1,239
15 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 86,89486.9k $716.0k $716.0k 0.00% Reduced -5.9k -5,864
16 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio Englewood, NJ 85,83485.8k $707.3k $707.3k 0.06% Added +1.1k +1,141
17 Bulldog Investors, LLP 0.26% of their portfolio SADDLE BROOK, NJ 83,17983.2k $685.4k $685.4k 0.26% Added +5.4k +5,445
18 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 66,11966.1k $544.8k $544.8k 0.00% Added +4.3k +4,295
19 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.11% of their portfolio BLUE BELL, PA 65,05065.0k $536.0k $536.0k 0.11% Added +18.5k +18,490
20 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 61,86561.9k $509.8k $509.8k 0.00% Reduced -2.4k -2,372
21 Institute for Wealth Management, LLC. 0.07% of their portfolio DENVER, CO 59,96560.0k $494.1k $494.1k 0.07% Reduced -720 -720
22 9258 Wealth Management, LLC 0.06% of their portfolio BLUE ASH, OH 43,98744.0k $362.5k $362.5k 0.06% Reduced -3.0k -2,978
23 RPO LLC 0.44% of their portfolio Stamford, CT 35,66435.7k $293.9k $293.9k 0.44% Unchanged
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,10634.1k $281.0k $281.0k 0.00% Added +1.8k +1,833
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 32,85432.9k $270.7k $270.7k 0.00% Added +876 +876
26 Aviance Capital Partners, LLC 0.03% of their portfolio NAPLES, FL 29,59529.6k $243.9k $243.9k 0.03% Added +146 +146
27 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 27,21527.2k $224.3k $224.3k 0.00% Reduced -4.0k -3,984
28 Matisse Capital 0.11% of their portfolio PORTLAND, OR 26,17626.2k $215.7k $215.7k 0.11% Unchanged
29 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 25,28725.3k $208.4k $208.4k 0.00% Unchanged
30 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 22,97123.0k $189.3k $189.3k 0.00% Added +1.4k +1,447
31 Old Port Advisors 0.05% of their portfolio PORTLAND, ME 21,79821.8k $179.6k $179.6k 0.05% Reduced -7.0k -6,981
32 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 21,74621.7k $179.2k $179.2k 0.00% Added +4.9k +4,895
33 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,59421.6k $178.0k $178.0k 0.00% Reduced -1.2k -1,218
34 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 20,95821.0k $173.0k $173.0k 0.00% Reduced -1.2k -1,183
35 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,91720.9k $172.4k $172.4k 0.00% Reduced -8.7k -8,669
36 Ruggaard & Associates LLC 0.07% of their portfolio HUDSON, OH 18,77218.8k $154.7k $154.7k 0.07% Unchanged
37 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 15,76815.8k $122.0k $122.0k 0.00% First filing
38 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,55015.6k $121.0k $121.0k 0.00% Reduced -541 -541
39 Cordgrass Capital Advisors, LLC 0.04% of their portfolio RALEIGH, NC 14,62614.6k $120.5k $120.5k 0.04% Unchanged
40 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 12,40612.4k $102.2k $102.2k 0.00% Reduced -81.4k -81,444
41 ALTFEST L J & CO INC 0.01% of their portfolio NEW YORK, NY 11,63611.6k $96.0k $96.0k 0.01% Unchanged
42 MERIDIAN INVESTMENT COUNSEL INC. 0.03% of their portfolio LAFAYETTE, CA 11,10011.1k $91.5k $91.5k 0.03% Unchanged
43 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,42310.4k $85.9k $85.9k 0.00% Reduced -932 -932
44 CEERA INVESTMENTS, LLC 0.04% of their portfolio BELLAIRE, TX 10,21910.2k $84.2k $84.2k 0.04% Unchanged
45 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,7343.7k $30.8k $30.8k 0.00% Reduced -62 -62
46 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 421421 $3.0k $3.0k 0.00% Added +4 +4
47 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 377377 $3.1k $3.1k 0.00% Unchanged
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 336336 $2.8k $2.8k 0.00% Unchanged
49 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 250250 $2.1k $2.1k 0.00% New
50 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 8686 $709 $709 0.00% Unchanged
51 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 1515 $124 $124 0.00% Unchanged
52 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 22 $18 $18 0.00% Unchanged
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged