Eaton Vance California Municipal Income Trust
17 hedge funds and large institutions have $4.02M invested in Eaton Vance California Municipal Income Trust in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
1.64% less ownership
Funds ownership: 6.24% → 4.6% (-1.6%)
19% less funds holding
Funds holding: 21 → 17 (-4)
21% less capital invested
Capital invested by funds: $5.08M → $4.02M (-$1.07M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$292K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$41.3K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$36.1K |
| 4 |
Morgan Stanley
New York
|
+$23.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$5.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$581K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$506K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$364K |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$189K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$49K |
CEV Hedge Fund Activity: Q1 2014 in Review
17 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q1 2014, worth a combined $4.02M — down 21% from $5.08M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CEV and 0 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Advisors Asset Management, adding an estimated $292K. The largest seller was Wolverine Asset Management, cutting an estimated $581K.
- 17 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q1 2014, down from 21 in Q4 2013.
- Funds reported $4.02M of Eaton Vance California Municipal Income Trust stock for Q1 2014, down 21% quarter-over-quarter.
- 0 funds opened new Eaton Vance California Municipal Income Trust positions in Q1 2014 and 4 closed out, a net change of -4 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q1 2014 was Advisors Asset Management, an estimated $292K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q1 2014 was Wolverine Asset Management, an estimated $581K sold.
Based on aggregated 13F filings for Q1 2014.