Eaton Vance California Municipal Income Trust
25 hedge funds and large institutions have $18.8M invested in Eaton Vance California Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 3 closing their positions.
1% more capital invested
Capital invested by funds: $18.7M → $18.8M (+$176K)
0.64% more ownership
Funds ownership: 26.18% → 26.83% (+0.64%)
7% less funds holding
Funds holding: 27 → 25 (-2)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$601K |
| 2 |
SCM
Saba Capital Management
New York
|
+$492K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$186K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$93.8K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$31.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$502K |
| 2 |
CW
Channel Wealth
Santa Barbara,
California
|
-$110K |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$110K |
| 4 |
Morgan Stanley
New York
|
-$96.8K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$40.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
26
First Foundation Advisors
Irvine,
California
| – | -$110K | -10,733 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$35.9K | -3,506 | Closed |
|
28
JP Morgan Chase
New York
| – | -$1K | -141 | Closed |
|
CEV Hedge Fund Activity: Q2 2023 in Review
25 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q2 2023, worth a combined $18.8M — up 0.94% from $18.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CEV and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Almitas Capital, adding an estimated $601K. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $502K.
- 25 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q2 2023, down from 27 in Q1 2023.
- Funds reported $18.8M of Eaton Vance California Municipal Income Trust stock for Q2 2023, up 0.94% quarter-over-quarter.
- 1 fund opened new Eaton Vance California Municipal Income Trust positions in Q2 2023 and 3 closed out, a net change of -2 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q2 2023 was Almitas Capital, an estimated $601K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q2 2023 was Hennion & Walsh Asset Management, an estimated $502K sold.
Based on aggregated 13F filings for Q2 2023.