GRF Eagle Capital Growth Fund Inc

CUSIP No.269451 100

(1) Names of reporting persons Daniel G. Thelen


(2) Check the appropriate box if a member of a group

(a)

(see instructions)

(b)

(3) SEC use only


(4) Citizenship or place of organization U.S.


Number of shares beneficially owned by each reporting person

with:


(5) Sole voting power 160,124


(6) Shared voting power


(7) Sole dispositive power 160,124


(8) Shared dispositive power


(9) Aggr. amt beneficially owned by each reporting person

160,124



(10) Check if the aggregate amount in Row (9) excludes certain

shares (see instructions)


(11) Percent of class represented by amount in Row (9) 5.6%


(12) Type of reporting person (see instructions) IN




Item 1(a) Name of issuer:

Eagle Capital Growth Fund, Inc.

Item 1(b) Address of issuer's principal executive offices:

205 E. Wisconsin Ave., Suite 120, Milwaukee, WI 53202


2(a) Name of person filing:

Daniel G. Thelen

2(b) Address or principal business office or, if none, residence:

4073 Antique Lane, Bloomfield Hills, MI 48302

2(c) Citizenship:

U.S.________________

2(d) Title of class of securities:

Common Stock- $0.001 par value

2(e) CUSIP No.:

269451 100

Item 3. If this statement is filed pursuant to ??240.13d?1(b) or

240.13d?2(b) or (c), check whether the person filing is a:

Not applicable

(a) [ ] Broker or dealer registered under section 15 of the Act (15

U.S.C. 78o);

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act

(15 U.S.C. 78c);

(d) [ ] Investment company registered under section 8 of the

Investment Company Act of 1940 (15 U.S.C 80a?8);

(e) [ ] An investment adviser in accordance with ?240.13d?

1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance

with ?240.13d?1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance

with ?240.13d?1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the

Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an

investment company under section 3(c)(14) of the Investment

Company Act of 1940 (15 U.S.C. 80a?3);

(j) [ ] A non-U.S. institution in accordance with ?240.13d?

1(b)(1)(ii)(J);

(k) [ ] Group, in accordance with ?240.13d?1(b)(1)(ii)(K). If filing as

a non-U.S. institution in accordance with ?240.13d?1(b)(1)(ii)(J),

please specify the type of institution: ____

Item 4. Ownership

Provide the following information regarding the aggregate number

and percentage of the class of securities of the issuer identified in

Item 1.

(a) Amount beneficially owned: _160,124____.

(b) Percent of class: __5.6%___.

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote __160,124___.

(ii) Shared power to vote or to direct the vote _____.

(iii) Sole power to dispose or to direct the disposition of

_160,124____.

(iv) Shared power to dispose or to direct the disposition of _____.

Item 5. Ownership of 5 Percent or Less of a Class. If this statement

is being filed to report the fact that as of the date hereof the

reporting person has ceased to be the beneficial owner of more

than 5 percent of the class of securities, check the following [ ].

Not applicable

Item 6. Ownership of More than 5 Percent on Behalf of Another

Person. If any other person is known to have the right to receive or

the power to direct the receipt of dividends from, or the proceeds

from the sale of, such securities, a statement to that effect should

be included in response to this item and, if such interest relates to

more than 5 percent of the class, such person should be identified.

A listing of the shareholders of an investment company registered

under the Investment Company Act of 1940 or the beneficiaries of

employee benefit plan, pension fund or endowment fund is not

required.

Not Applicable


Item 7. Identification and Classification of the Subsidiary Which

Acquired the Security Being Reported on by the Parent Holding

Company or Control Person. If a parent holding company or control

person has filed this schedule pursuant to Rule 13d?1(b)(1)(ii)(G),

so indicate under Item 3(g) and attach an exhibit stating the

identity and the Item 3 classification of the relevant subsidiary. If a

parent holding company or control person has filed this schedule

pursuant to Rule 13d?1(c) or Rule 13d?1(d), attach an exhibit

stating the identification of the relevant subsidiary.

Not Applicable

Item 8. Identification and Classification of Members of the Group

If a group has filed this schedule pursuant to ?240.13d?

1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit

stating the identity and Item 3 classification of each member of the

group. If a group has filed this schedule pursuant to Rule 13d?1(c)

or Rule 13d?1(d), attach an exhibit stating the identity of each

member of the group.

Not Applicable

Item 9. Notice of Dissolution of Group. Notice of dissolution of a

group may be furnished as an exhibit stating the date of the

dissolution and that all further filings with respect to transactions

in the security reported on will be filed, if required, by members of

the group, in their individual capacity. See Item 5.

Not Applicable


Item 10. Certification

By signing below I certify that, to the best of my knowledge and

belief, the securities referred to above were not acquired and are

not held for the purpose of or with the effect of changing or

influencing the control of the issuer of the securities and were not

acquired and are not held in connection with or as a participant in

any transaction having that purpose or effect.

Signature. After reasonable inquiry and to the best of my

knowledge and belief, I certify that the information set forth in this

statement is true, complete and correct.

Dated: 8/7/2011__

Signature._ Daniel G. Thelen ____.Name/Title. Daniel G. Thelen