Eaton Vance California Municipal Income Trust
27 hedge funds and large institutions have $18.2M invested in Eaton Vance California Municipal Income Trust in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
17% more funds holding
Funds holding: 23 → 27 (+4)
2.95% more ownership
Funds ownership: 17.44% → 20.38% (+2.9%)
4% more capital invested
Capital invested by funds: $17.5M → $18.2M (+$709K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$677K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$579K |
| 3 |
Morgan Stanley
New York
|
+$491K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$485K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1,000K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$298K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$217K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$47.8K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$33K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $11K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $10K | +$102 | +8 | +1% |
|
|
28
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$298K | -21,572 | Closed |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| – | -$33K | -2,448 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$3K | -203 | Closed |
|
CEV Hedge Fund Activity: Q4 2016 in Review
27 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q4 2016, worth a combined $18.2M — up 4.1% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CEV positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $677K. The largest seller was Invesco, cutting an estimated $1,000K.
- 27 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q4 2016, up from 23 in Q3 2016.
- Funds reported $18.2M of Eaton Vance California Municipal Income Trust stock for Q4 2016, up 4.1% quarter-over-quarter.
- 7 funds opened new Eaton Vance California Municipal Income Trust positions in Q4 2016 and 3 closed out, a net change of +4 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q4 2016 was Mariner Investment Group, an estimated $677K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q4 2016 was Invesco, an estimated $1,000K sold.
Based on aggregated 13F filings for Q4 2016.