Eaton Vance California Municipal Income Trust
23 hedge funds and large institutions have $13.4M invested in Eaton Vance California Municipal Income Trust in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.65% less ownership
Funds ownership: 16.69% → 14.03% (-2.7%)
8% less funds holding
Funds holding: 25 → 23 (-2)
17% less capital invested
Capital invested by funds: $16.2M → $13.4M (-$2.8M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$304K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$296K |
| 3 |
HF
HRT Financial
New York
|
+$147K |
| 4 |
Morgan Stanley
New York
|
+$136K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$22.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$929K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$771K |
| 3 |
C
Certuity
North Palm Beach,
Florida
|
-$458K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$337K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Invesco
Atlanta,
Georgia
| – | -$325K | -23,860 | Closed |
|
|
KAS
27
Kestra Advisory Services
Austin,
Texas
| – | -$219K | -16,110 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$21K | -1,614 | Closed |
|
CEV Hedge Fund Activity: Q4 2021 in Review
23 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q4 2021, worth a combined $13.4M — down 17% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CEV and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $304K. The largest seller was First Foundation Advisors, cutting an estimated $929K.
- 23 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q4 2021, down from 25 in Q3 2021.
- Funds reported $13.4M of Eaton Vance California Municipal Income Trust stock for Q4 2021, down 17% quarter-over-quarter.
- 3 funds opened new Eaton Vance California Municipal Income Trust positions in Q4 2021 and 5 closed out, a net change of -2 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q4 2021 was Goldman Sachs, an estimated $304K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q4 2021 was First Foundation Advisors, an estimated $929K sold.
Based on aggregated 13F filings for Q4 2021.