Eaton Vance California Municipal Income Trust
26 hedge funds and large institutions have $18.9M invested in Eaton Vance California Municipal Income Trust in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
2% more capital invested
Capital invested by funds: $18.5M → $18.9M (+$424K)
0% more ownership
Funds ownership: 21.15% → 21.16% (+0%)
7% less funds holding
Funds holding: 28 → 26 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$604K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$430K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$316K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$225K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$784K |
| 2 |
LPL Financial
San Diego,
California
|
-$355K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$295K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$203K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northern Trust
Chicago,
Illinois
| $4K | – | – | – |
|
|
27
LPL Financial
San Diego,
California
| – | -$355K | -28,823 | Closed |
|
|
28
Stifel Financial
St. Louis,
Missouri
| – | -$124K | -10,050 | Closed |
|
CEV Hedge Fund Activity: Q2 2017 in Review
26 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q2 2017, worth a combined $18.9M — up 2.3% from $18.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CEV and 1 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 9 added.
The largest buyer was Geode Capital Management, adding an estimated $604K. The largest seller was Invesco, cutting an estimated $784K.
- 26 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q2 2017, down from 28 in Q1 2017.
- Funds reported $18.9M of Eaton Vance California Municipal Income Trust stock for Q2 2017, up 2.3% quarter-over-quarter.
- 1 fund opened new Eaton Vance California Municipal Income Trust positions in Q2 2017 and 2 closed out, a net change of -1 holder.
- The largest Eaton Vance California Municipal Income Trust buyer in Q2 2017 was Geode Capital Management, an estimated $604K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q2 2017 was Invesco, an estimated $784K sold.
Based on aggregated 13F filings for Q2 2017.