Eaton Vance California Municipal Income Trust
27 hedge funds and large institutions have $19.7M invested in Eaton Vance California Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $19.5M → $19.7M (+$178K)
0.72% more ownership
Funds ownership: 23.81% → 24.53% (+0.72%)
4% less funds holding
Funds holding: 28 → 27 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$955K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$752K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$316K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$297K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$642K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$441K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$400K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$292K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$248K |
CEV Hedge Fund Activity: Q3 2018 in Review
27 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q3 2018, worth a combined $19.7M — up 0.91% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CEV and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $955K. The largest seller was Advisors Asset Management, cutting an estimated $642K.
- 27 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q3 2018, down from 28 in Q2 2018.
- Funds reported $19.7M of Eaton Vance California Municipal Income Trust stock for Q3 2018, up 0.91% quarter-over-quarter.
- 3 funds opened new Eaton Vance California Municipal Income Trust positions in Q3 2018 and 4 closed out, a net change of -1 holder.
- The largest Eaton Vance California Municipal Income Trust buyer in Q3 2018 was Fiera Capital (Canada), an estimated $955K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q3 2018 was Advisors Asset Management, an estimated $642K sold.
Based on aggregated 13F filings for Q3 2018.