Eaton Vance California Municipal Income Trust
25 hedge funds and large institutions have $18.5M invested in Eaton Vance California Municipal Income Trust in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
17% more capital inflows, than outflows
Capital inflows: $5.24M | Capital outflows: $4.48M
14% more funds holding
Funds holding: 22 → 25 (+3)
0.84% more ownership
Funds ownership: 18.76% → 19.6% (+0.84%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$847K |
| 2 |
Matisse Capital
Portland,
Oregon
|
+$775K |
| 3 |
Whittier Trust
South Pasadena,
California
|
+$611K |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
+$472K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$2.03M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.47M |
| 3 |
First Foundation Advisors
Irvine,
California
|
-$253K |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
-$201K |
| 5 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$142K |
CEV Hedge Fund Activity: Q1 2021 in Review
25 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q1 2021, worth a combined $18.5M — up 1.2% from $18.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CEV positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $847K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $2.03M sold.
- 25 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q1 2021, up from 22 in Q4 2020.
- Funds reported $18.5M of Eaton Vance California Municipal Income Trust stock for Q1 2021, up 1.2% quarter-over-quarter.
- 5 funds opened new Eaton Vance California Municipal Income Trust positions in Q1 2021 and 2 closed out, a net change of +3 holders.
- The largest Eaton Vance California Municipal Income Trust buyer in Q1 2021 was Rivernorth Capital Management, an estimated $847K added.
- The largest Eaton Vance California Municipal Income Trust seller in Q1 2021 was Karpus Investment Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2021.