Eaton Vance California Municipal Income Trust
34 hedge funds and large institutions have $16.8M invested in Eaton Vance California Municipal Income Trust in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
6% more funds holding
Funds holding: 32 → 34 (+2)
1.68% less ownership
Funds ownership: 26.38% → 24.7% (-1.7%)
6% less capital invested
Capital invested by funds: $17.8M → $16.8M (-$1.03M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$822K |
| 2 |
WMG
WESCAP Management Group
Glendale,
California
|
+$570K |
| 3 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$531K |
| 4 |
LPL Financial
San Diego,
California
|
+$186K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$83.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$849K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$834K |
| 3 |
WA
Whipplewood Advisors
Littleton,
Colorado
|
-$701K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$389K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$229K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $91.9K | -$834K | -86,077 | -90% |
|
|
GSWM
27
Golden State Wealth Management
Santa Ana,
California
| $87.2K | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $52.2K | +$52.2K | +5,386 | New |
|
|
WT
29
Whittier Trust
South Pasadena,
California
| $39.7K | – | – | – |
|
|
HCM
30
Hollencrest Capital Management
Newport Beach,
California
| $23K | – | – | – |
|
|
BBPWM
31
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $14.8K | – | – | – |
|
32
Comerica Bank
Dallas,
Texas
| $9.34K | – | – | – |
|
|
PFG
33
Putney Financial Group
San Rafael,
California
| $2.91K | – | – | – |
|
|
FFA
34
Farther Finance Advisors
San Francisco,
California
| $2.14K | – | – | – |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$126K | -12,557 | Closed |
|
CEV Hedge Fund Activity: Q2 2025 in Review
34 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q2 2025, worth a combined $16.8M — down 5.7% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CEV positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $822K. The largest seller was Saba Capital Management, cutting an estimated $849K.
- 34 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q2 2025, up from 32 in Q1 2025.
- Funds reported $16.8M of Eaton Vance California Municipal Income Trust stock for Q2 2025, down 5.7% quarter-over-quarter.
- 4 funds opened new Eaton Vance California Municipal Income Trust positions in Q2 2025 and 1 closed out, a net change of +3 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q2 2025 was Rivernorth Capital Management, an estimated $822K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q2 2025 was Saba Capital Management, an estimated $849K sold.
Based on aggregated 13F filings for Q2 2025.