Eaton Vance California Municipal Income Trust
26 hedge funds and large institutions have $20.1M invested in Eaton Vance California Municipal Income Trust in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more capital invested
Capital invested by funds: $18.5M → $20.1M (+$1.62M)
4% more funds holding
Funds holding: 25 → 26 (+1)
0.61% more ownership
Funds ownership: 19.6% → 20.21% (+0.61%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$940K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$608K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$551K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$256K |
| 5 |
Morgan Stanley
New York
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$567K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$564K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$328K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$236K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$150K |
CEV Hedge Fund Activity: Q2 2021 in Review
26 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q2 2021, worth a combined $20.1M — up 8.7% from $18.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CEV positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $940K. The largest seller was Bank of America, cutting an estimated $567K.
- 26 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q2 2021, up from 25 in Q1 2021.
- Funds reported $20.1M of Eaton Vance California Municipal Income Trust stock for Q2 2021, up 8.7% quarter-over-quarter.
- 3 funds opened new Eaton Vance California Municipal Income Trust positions in Q2 2021 and 2 closed out, a net change of +1 holder.
- The largest Eaton Vance California Municipal Income Trust buyer in Q2 2021 was Karpus Investment Management, an estimated $940K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q2 2021 was Bank of America, an estimated $567K sold.
Based on aggregated 13F filings for Q2 2021.