Eaton Vance California Municipal Income Trust
20 hedge funds and large institutions have $16.3M invested in Eaton Vance California Municipal Income Trust in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
18% more capital invested
Capital invested by funds: $13.8M → $16.3M (+$2.52M)
1.29% more ownership
Funds ownership: 14.28% → 15.57% (+1.3%)
13% less funds holding
Funds holding: 23 → 20 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$882K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$691K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$219K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$158K |
| 5 |
Morgan Stanley
New York
|
+$75.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$353K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$154K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$138K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$102K |
| 5 |
EMA
Efficient Market Advisors
San Diego,
California
|
-$15K |
CEV Hedge Fund Activity: Q1 2016 in Review
20 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q1 2016, worth a combined $16.3M — up 18% from $13.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CEV and 0 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Invesco, adding an estimated $882K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $353K sold.
- 20 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q1 2016, down from 23 in Q4 2015.
- Funds reported $16.3M of Eaton Vance California Municipal Income Trust stock for Q1 2016, up 18% quarter-over-quarter.
- 0 funds opened new Eaton Vance California Municipal Income Trust positions in Q1 2016 and 3 closed out, a net change of -3 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q1 2016 was Invesco, an estimated $882K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q1 2016 was Curi RMB Capital, an estimated $353K sold.
Based on aggregated 13F filings for Q1 2016.