Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest
EFL
EFL was delisted on the 25th of October, 2022.
32 hedge funds and large institutions have $44.9M invested in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
18% more capital invested
Capital invested by funds: $38.1M → $44.9M (+$6.83M)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% more funds holding
Funds holding: 31 → 32 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.06M |
| 2 |
Morgan Stanley
New York
|
+$2.27M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$787K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$747K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$1.28M |
| 2 |
BlackRock
New York
|
-$1.03M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$685K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$640K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $87K | – | – | – |
|
|
OIA
27
OneDigital Investment Advisors
Overland Park,
Kansas
| $38K | +$10.2K | +1,129 | +37% |
|
|
APSP
28
Asset Planning Services (Pennsylvania)
Harleysville,
Pennsylvania
| $29K | – | – | – |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $27K | – | – | – |
|
|
NFH
30
NEXT Financial Holdings
Houston,
Texas
| $27K | +$27.2K | +3,000 | New |
|
|
FMP
31
Financial Management Professionals
Austin,
Texas
| $3K | – | – | – |
|
|
TFS
32
TrustCore Financial Services
Brentwood,
Tennessee
| $2K | – | – | – |
|
|
33
BlackRock
New York
| – | -$1.03M | -120,763 | Closed |
|
|
RCM
34
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$685K | -77,895 | Closed |
|
|
MIG
35
Mariner Investment Group
Harrison,
New York
| – | -$640K | -74,795 | Closed |
|
|
AUIM
36
Aegon USA Investment Management
Cedar Rapids,
Iowa
| – | -$122K | -14,298 | Closed |
|
|
KA
37
Klingman & Associates
New York
| – | -$120K | -14,000 | Closed |
|
|
TSS
38
Two Sigma Securities
New York
| – | -$117K | -13,660 | Closed |
|
EFL Hedge Fund Activity: Q1 2019 in Review
32 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) for Q1 2019, worth a combined $44.9M — up 18% from $38.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EFL positions and 6 closed out — a net gain of 2 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $3.06M. The largest seller was Relative Value Partners Group, cutting an estimated $1.28M.
- 32 institutional investors held Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) as of Q1 2019, up from 31 in Q4 2018.
- Funds reported $44.9M of Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest stock for Q1 2019, up 18% quarter-over-quarter.
- 8 funds opened new Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest positions in Q1 2019 and 6 closed out, a net change of +2 holders.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest buyer in Q1 2019 was Eaton Vance Management, an estimated $3.06M added.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest seller in Q1 2019 was Relative Value Partners Group, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2019.