Eaton Vance California Municipal Income Trust
28 hedge funds and large institutions have $19.8M invested in Eaton Vance California Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
12% more funds holding
Funds holding: 25 → 28 (+3)
5% more capital invested
Capital invested by funds: $18.8M → $19.8M (+$983K)
3.97% more ownership
Funds ownership: 26.83% → 30.8% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.61M |
| 2 |
SCM
Saba Capital Management
New York
|
+$676K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$533K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$384K |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Snowden Capital Advisors
New York
|
-$644K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$167K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$158K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$142K |
| 5 |
CW
Channel Wealth
Santa Barbara,
California
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
26
Whittier Trust
South Pasadena,
California
| $26K | -$10.2K | -1,044 | -27% |
|
|
HCM
27
Hollencrest Capital Management
Newport Beach,
California
| $21.7K | -$20.6K | -2,100 | -47% |
|
28
Comerica Bank
Dallas,
Texas
| $11.2K | +$12K | +1,225 | New |
|
|
SCA
29
Snowden Capital Advisors
New York
| – | -$644K | -64,499 | Closed |
|
|
30
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$158K | -15,801 | Closed |
|
CEV Hedge Fund Activity: Q3 2023 in Review
28 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q3 2023, worth a combined $19.8M — up 5.2% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CEV positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.61M. The largest seller was Snowden Capital Advisors, exiting entirely with an estimated $644K sold.
- 28 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q3 2023, up from 25 in Q2 2023.
- Funds reported $19.8M of Eaton Vance California Municipal Income Trust stock for Q3 2023, up 5.2% quarter-over-quarter.
- 5 funds opened new Eaton Vance California Municipal Income Trust positions in Q3 2023 and 2 closed out, a net change of +3 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q3 2023 was Rivernorth Capital Management, an estimated $1.61M added.
- The largest Eaton Vance California Municipal Income Trust seller in Q3 2023 was Snowden Capital Advisors, an estimated $644K sold.
Based on aggregated 13F filings for Q3 2023.