Eaton Vance California Municipal Income Trust
33 hedge funds and large institutions have $12.4M invested in Eaton Vance California Municipal Income Trust in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
4.22% less ownership
Funds ownership: 21.72% → 17.5% (-4.2%)
6% less funds holding
Funds holding: 35 → 33 (-2)
20% less capital invested
Capital invested by funds: $15.4M → $12.4M (-$3.03M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$419K |
| 2 |
LPL Financial
San Diego,
California
|
+$372K |
| 3 |
Morgan Stanley
New York
|
+$368K |
| 4 |
AF
Atala Financial
Calabasas,
California
|
+$309K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.56M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$647K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$183K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$143K |
| 5 |
WMG
WESCAP Management Group
Glendale,
California
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $82.6K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $40.2K | -$61.6K | -6,000 | -60% |
|
|
WT
28
Whittier Trust
South Pasadena,
California
| $33.3K | – | – | – |
|
|
HCM
29
Hollencrest Capital Management
Newport Beach,
California
| $23.8K | – | – | – |
|
|
NWMP
30
Noble Wealth Management PBC
Greenwood Village,
Colorado
| $23.1K | – | – | – |
|
|
BBPWM
31
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $15.3K | – | – | – |
|
32
Comerica Bank
Dallas,
Texas
| $7.06K | -$2.68K | -261 | -27% |
|
33
Bank of America
Charlotte,
North Carolina
| $5.02K | +$5.14K | +500 | New |
|
|
SCM
34
Saba Capital Management
New York
| – | -$3.56M | -352,693 | Closed |
|
|
AC
35
Almitas Capital
Santa Monica,
California
| – | -$183K | -18,152 | Closed |
|
|
36
Balyasny Asset Management
Chicago,
Illinois
| – | -$143K | -14,153 | Closed |
|
|
LSC
37
Logan Stone Capital
Chicago,
Illinois
| – | -$114K | -11,324 | Closed |
|
|
GSWM
38
Golden State Wealth Management
Santa Ana,
California
| – | -$90.7K | -9,000 | Closed |
|
CEV Hedge Fund Activity: Q4 2025 in Review
33 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q4 2025, worth a combined $12.4M — down 20% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CEV and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 10 added.
The largest buyer was Rockefeller Capital Management, adding an estimated $419K. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.56M sold.
- 33 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q4 2025, down from 35 in Q3 2025.
- Funds reported $12.4M of Eaton Vance California Municipal Income Trust stock for Q4 2025, down 20% quarter-over-quarter.
- 4 funds opened new Eaton Vance California Municipal Income Trust positions in Q4 2025 and 5 closed out, a net change of -1 holder.
- The largest Eaton Vance California Municipal Income Trust buyer in Q4 2025 was Rockefeller Capital Management, an estimated $419K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q4 2025 was Saba Capital Management, an estimated $3.56M sold.
Based on aggregated 13F filings for Q4 2025.