Eaton Vance California Municipal Income Trust
28 hedge funds and large institutions have $25.6M invested in Eaton Vance California Municipal Income Trust in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
3% less capital invested
Capital invested by funds: $26.3M → $25.6M (-$717K)
1.86% less ownership
Funds ownership: 36.22% → 34.36% (-1.9%)
3% less funds holding
Funds holding: 29 → 28 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$631K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$441K |
| 3 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$331K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$209K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.11M |
| 2 |
Morgan Stanley
New York
|
-$1.04M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$592K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$361K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
26
Whittier Trust
South Pasadena,
California
| $72.7K | – | – | – |
|
|
HCM
27
Hollencrest Capital Management
Newport Beach,
California
| $25.1K | – | – | – |
|
28
Comerica Bank
Dallas,
Texas
| $13K | – | – | – |
|
|
MC
29
Matisse Capital
Portland,
Oregon
| – | -$1.11M | -107,178 | Closed |
|
|
LCM
30
Landscape Capital Management
Englewood,
New Jersey
| – | -$109K | -10,569 | Closed |
|
31
JP Morgan Chase
New York
| – | -$24.6K | -2,378 | Closed |
|
CEV Hedge Fund Activity: Q1 2024 in Review
28 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q1 2024, worth a combined $25.6M — down 2.7% from $26.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CEV and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was Sit Investment Associates, adding an estimated $631K. The largest seller was Matisse Capital, exiting entirely with an estimated $1.11M sold.
- 28 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q1 2024, down from 29 in Q4 2023.
- Funds reported $25.6M of Eaton Vance California Municipal Income Trust stock for Q1 2024, down 2.7% quarter-over-quarter.
- 2 funds opened new Eaton Vance California Municipal Income Trust positions in Q1 2024 and 3 closed out, a net change of -1 holder.
- The largest Eaton Vance California Municipal Income Trust buyer in Q1 2024 was Sit Investment Associates, an estimated $631K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q1 2024 was Matisse Capital, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2024.