Eaton Vance California Municipal Income Trust
27 hedge funds and large institutions have $23.9M invested in Eaton Vance California Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 3 closing their positions.
68% more capital inflows, than outflows
Capital inflows: $11M | Capital outflows: $6.55M
5.72% more ownership
Funds ownership: 24.53% → 30.24% (+5.7%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$3.78M |
| 2 |
Saba Capital Management
New York
|
+$3.14M |
| 3 |
First Foundation Advisors
Irvine,
California
|
+$737K |
| 4 |
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$328K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.65M |
| 2 |
Matisse Capital
Portland,
Oregon
|
-$883K |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$739K |
| 4 |
Morgan Stanley
New York
|
-$258K |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
-$218K |
CEV Hedge Fund Activity: Q4 2018 in Review
27 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q4 2018, worth a combined $23.9M — up 22% from $19.7M a quarter earlier.
Fund positioning in CEV was balanced in Q4 2018: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.78M. The largest seller was Fiera Capital (Canada), cutting an estimated $3.65M.
- 27 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $23.9M of Eaton Vance California Municipal Income Trust stock for Q4 2018, up 22% quarter-over-quarter.
- 3 funds opened new Eaton Vance California Municipal Income Trust positions in Q4 2018 and 3 closed out, a net change of 0 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q4 2018 was Karpus Investment Management, an estimated $3.78M added.
- The largest Eaton Vance California Municipal Income Trust seller in Q4 2018 was Fiera Capital (Canada), an estimated $3.65M sold.
Based on aggregated 13F filings for Q4 2018.