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CEV

Eaton Vance California Municipal Income Trust

34 hedge funds and large institutions have $16.8M invested in Eaton Vance California Municipal Income Trust in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

6% more funds holding

Funds holding: 3234 (+2)

1.68% less ownership

Funds ownership: 26.38%24.7% (-1.7%)

6% less capital invested

Capital invested by funds: $17.8M → $16.8M (-$1.03M)

55% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 11

Holders
34
Holders Change
+2
Holders Change %
+6.25%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
11
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$5.34M -$849K -87,676 -14%
GC
2
Guggenheim Capital
Illinois
$1.54M -$62.1K -6,408 -4%
HWAM
3
Hennion & Walsh Asset Management
New Jersey
$1.51M -$67.5K -6,973 -4%
RCM
4
Rivernorth Capital Management
Florida
$822K +$822K +84,835 New
Morgan Stanley
5
Morgan Stanley
New York
$773K -$54K -5,578 -7%
LPL Financial
6
LPL Financial
California
$665K +$186K +19,210 +39%
WMG
7
WESCAP Management Group
California
$570K +$570K +58,831 New
AC
8
Almitas Capital
California
$565K -$29.2K -3,015 -5%
CWS
9
Cypress Wealth Services
California
$531K +$531K +54,810 New
Raymond James Financial
10
Raymond James Financial
Florida
$500K +$34.9K +3,606 +8%
AAM
11
Advisors Asset Management
Colorado
$497K -$19.2K -1,980 -4%
Wells Fargo
12
Wells Fargo
California
$457K +$83.9K +8,660 +22%
VCM
13
Vivaldi Capital Management
Illinois
$383K +$232 +24 +0.1%
LSC
14
Logan Stone Capital
Illinois
$372K -$229K -23,631 -38%
UBS Group
15
UBS Group
Switzerland
$268K -$108K -11,198 -29%
WANY
16
Wealthspire Advisors (New York)
New York
$234K
MWM
17
Melfa Wealth Management
Massachusetts
$200K
FAT
18
First American Trust
California
$194K
PL
19
Plancorp LLC
Missouri
$194K
Mariner
20
Mariner
Kansas
$176K
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$172K -$389K -40,148 -69%
WA
22
Whipplewood Advisors
Colorado
$170K -$701K -72,400 -80%
NWM
23
Napa Wealth Management
California
$156K
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$114K
Osaic Holdings
25
Osaic Holdings
Arizona
$96.8K +$77.5K +8,000 +400%

CEV Hedge Fund Activity: Q2 2025 in Review

34 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Income Trust (CEV) for Q2 2025, worth a combined $16.8M — down 5.7% from $17.8M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new CEV positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 11 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $822K. The largest seller was Saba Capital Management, cutting an estimated $849K.

  • 34 institutional investors held Eaton Vance California Municipal Income Trust (CEV) as of Q2 2025, up from 32 in Q1 2025.
  • Funds reported $16.8M of Eaton Vance California Municipal Income Trust stock for Q2 2025, down 5.7% quarter-over-quarter.
  • 4 funds opened new Eaton Vance California Municipal Income Trust positions in Q2 2025 and 1 closed out, a net change of +3 holders.
  • The largest Eaton Vance California Municipal Income Trust buyer in Q2 2025 was Rivernorth Capital Management, an estimated $822K added.
  • The largest Eaton Vance California Municipal Income Trust seller in Q2 2025 was Saba Capital Management, an estimated $849K sold.

Based on aggregated 13F filings for Q2 2025.