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CEV

Eaton Vance California Municipal Income Trust

30 hedge funds and large institutions have $22M invested in Eaton Vance California Municipal Income Trust in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 3030 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

6.81% less ownership

Funds ownership: 35.55%28.74% (-6.8%)

19% less capital invested

Capital invested by funds: $27.2M → $22M (-$5.23M)

42% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 12

Holders
30
Holders Change
Holders Change %
0%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
7
Reduced
12
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$8.51M -$1.97M -179,467 -19%
HWAM
2
Hennion & Walsh Asset Management
New Jersey
$2.07M +$177K +16,133 +9%
GC
3
Guggenheim Capital
Illinois
$1.69M +$1M +91,368 +143%
AC
4
Almitas Capital
California
$1.03M -$905K -82,414 -46%
Morgan Stanley
5
Morgan Stanley
New York
$965K -$5.18K -472 -0.5%
LSC
6
Logan Stone Capital
Illinois
$919K -$133K -12,122 -13%
SIA
7
Sit Investment Associates
Minnesota
$895K -$3.4M -309,724 -79%
LPL Financial
8
LPL Financial
California
$641K +$172K +15,704 +36%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$611K -$86.4K -7,875 -12%
CWS
10
Cypress Wealth Services
California
$603K +$258K +23,539 +74%
AAM
11
Advisors Asset Management
Colorado
$591K +$139K +12,695 +30%
VCM
12
Vivaldi Capital Management
Illinois
$429K -$96.4K -8,783 -18%
UBS Group
13
UBS Group
Switzerland
$388K +$4.45K +405 +1%
Wells Fargo
14
Wells Fargo
California
$332K +$47.5K +4,326 +17%
SA
15
Sanctuary Advisors
Indiana
$324K -$6.14K -559 -2%
RJA
16
Raymond James & Associates
Florida
$251K
MWM
17
Melfa Wealth Management
Massachusetts
$225K
FAT
18
First American Trust
California
$217K
NWM
19
Napa Wealth Management
California
$201K -$72.6K -6,617 -26%
Mariner
20
Mariner
Kansas
$198K
WAM
21
Wolverine Asset Management
Illinois
$183K +$185K +16,829 New
WANY
22
Wealthspire Advisors (New York)
New York
$156K
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$149K -$11K -1,000 -7%
US Bancorp
24
US Bancorp
Minnesota
$108K -$99.7K -9,080 -48%
Osaic Holdings
25
Osaic Holdings
Arizona
$102K

CEV Hedge Fund Activity: Q3 2024 in Review

30 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q3 2024, worth a combined $22M — down 19% from $27.2M a quarter earlier.

Fund positioning in CEV was balanced in Q3 2024: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 12 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1M. The largest seller was Sit Investment Associates, cutting an estimated $3.4M.

  • 30 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q3 2024, unchanged from Q2 2024.
  • Funds reported $22M of Eaton Vance California Municipal Income Trust stock for Q3 2024, down 19% quarter-over-quarter.
  • 2 funds opened new Eaton Vance California Municipal Income Trust positions in Q3 2024 and 2 closed out, a net change of 0 holders.
  • The largest Eaton Vance California Municipal Income Trust buyer in Q3 2024 was Guggenheim Capital, an estimated $1M added.
  • The largest Eaton Vance California Municipal Income Trust seller in Q3 2024 was Sit Investment Associates, an estimated $3.4M sold.

Based on aggregated 13F filings for Q3 2024.