Eaton Vance California Municipal Income Trust
20 hedge funds and large institutions have $20.6M invested in Eaton Vance California Municipal Income Trust in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 0 closing their positions.
11% more funds holding
Funds holding: 18 → 20 (+2)
1.61% less ownership
Funds ownership: 23.37% → 21.76% (-1.6%)
6% less capital invested
Capital invested by funds: $22M → $20.6M (-$1.33M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$785K |
| 2 |
FAT
First American Trust
Santa Ana,
California
|
+$361K |
| 3 |
LC
Lindbrook Capital
Calabasas,
California
|
+$202K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$19.3K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.01M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$306K |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$237K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$143K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$94K |
CEV Hedge Fund Activity: Q3 2020 in Review
20 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q3 2020, worth a combined $20.6M — down 6.1% from $22M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CEV positions and 0 closed out — a net gain of 2 holders — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $785K. The largest seller was Karpus Investment Management, cutting an estimated $2.01M.
- 20 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q3 2020, up from 18 in Q2 2020.
- Funds reported $20.6M of Eaton Vance California Municipal Income Trust stock for Q3 2020, down 6.1% quarter-over-quarter.
- 2 funds opened new Eaton Vance California Municipal Income Trust positions in Q3 2020 and 0 closed out, a net change of +2 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q3 2020 was Bank of America, an estimated $785K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q3 2020 was Karpus Investment Management, an estimated $2.01M sold.
Based on aggregated 13F filings for Q3 2020.