Eaton Vance California Municipal Income Trust
24 hedge funds and large institutions have $18.4M invested in Eaton Vance California Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 2 closing their positions.
0.41% less ownership
Funds ownership: 21.39% → 20.97% (-0.41%)
8% less funds holding
Funds holding: 26 → 24 (-2)
10% less capital inflows, than outflows
Capital inflows: $3.31M | Capital outflows: $3.69M
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.5M |
| 2 |
Matisse Capital
Portland,
Oregon
|
+$867K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$348K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$234K |
| 5 |
Doliver Advisors
Houston,
Texas
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$863K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$826K |
| 3 |
Mariner Investment Group
Harrison,
New York
|
-$415K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$353K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
-$351K |
CEV Hedge Fund Activity: Q4 2017 in Review
24 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q4 2017, worth a combined $18.4M — down 4.5% from $19.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CEV and 0 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $1.5M. The largest seller was Advisors Asset Management, cutting an estimated $863K.
- 24 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q4 2017, down from 26 in Q3 2017.
- Funds reported $18.4M of Eaton Vance California Municipal Income Trust stock for Q4 2017, down 4.5% quarter-over-quarter.
- 0 funds opened new Eaton Vance California Municipal Income Trust positions in Q4 2017 and 2 closed out, a net change of -2 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q4 2017 was Fiera Capital (Canada), an estimated $1.5M added.
- The largest Eaton Vance California Municipal Income Trust seller in Q4 2017 was Advisors Asset Management, an estimated $863K sold.
Based on aggregated 13F filings for Q4 2017.