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CEV

Eaton Vance California Municipal Income Trust

21 hedge funds and large institutions have $5.08M invested in Eaton Vance California Municipal Income Trust in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

25% more capital invested

Capital invested by funds: $4.06M → $5.08M (+$1.02M)

17% more funds holding

Funds holding: 1821 (+3)

1.48% more ownership

Funds ownership: 4.76%6.24% (+1.5%)

Holders
21
Holders Change
+3
Holders Change %
+16.67%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
6
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$942K -$527K -46,551 -36%
WAM
2
Wolverine Asset Management
Illinois
$796K +$704K +62,112 +707%
AAM
3
Advisors Asset Management
Colorado
$601K +$60K +5,296 +11%
GC
4
Guggenheim Capital
Illinois
$389K +$239K +21,063 +156%
DA
5
Doliver Advisors
Texas
$364K +$367K +32,371 New
U
6
UBS
Switzerland
$285K +$59.6K +5,260 +26%
LPL Financial
7
LPL Financial
California
$274K +$31.8K +2,810 +13%
Morgan Stanley
8
Morgan Stanley
New York
$271K -$225K -19,888 -45%
TCM
9
Tradewinds Capital Management
Washington
$250K +$253K +22,300 New
Wells Fargo
10
Wells Fargo
California
$198K +$52K +4,591 +35%
PRCM
11
Pine River Capital Management
Minnesota
$189K +$190K +16,807 New
Invesco
12
Invesco
Georgia
$145K -$6.41K -566 -4%
TJHA
13
Thomas J. Herzfeld Advisors
Florida
$88K +$89K +7,853 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$85K
WT
15
Whittier Trust
California
$65K
DADC
16
D.A. Davidson & Co
Montana
$55K +$55.7K +4,915 New
SIA
17
Sit Investment Associates
Minnesota
$49K
EMA
18
Efficient Market Advisors
California
$12K
WRM
19
Westport Resources Management
Connecticut
$11K
Citigroup
20
Citigroup
New York
$10K -$20.1K -1,778 -66%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$4K
MA
22
MUFG Americas
New York
-$109K -9,240 Closed
Nomura Holdings
23
Nomura Holdings
Japan
-$1K -89 Closed

CEV Hedge Fund Activity: Q4 2013 in Review

21 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q4 2013, worth a combined $5.08M — up 25% from $4.06M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new CEV positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.

The largest buyer was Wolverine Asset Management, adding an estimated $704K. The largest seller was Bank of America, cutting an estimated $527K.

  • 21 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q4 2013, up from 18 in Q3 2013.
  • Funds reported $5.08M of Eaton Vance California Municipal Income Trust stock for Q4 2013, up 25% quarter-over-quarter.
  • 5 funds opened new Eaton Vance California Municipal Income Trust positions in Q4 2013 and 2 closed out, a net change of +3 holders.
  • The largest Eaton Vance California Municipal Income Trust buyer in Q4 2013 was Wolverine Asset Management, an estimated $704K added.
  • The largest Eaton Vance California Municipal Income Trust seller in Q4 2013 was Bank of America, an estimated $527K sold.

Based on aggregated 13F filings for Q4 2013.