Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest
EFL
EFL was delisted on the 25th of October, 2022.
31 hedge funds and large institutions have $46.8M invested in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 4 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
2% more capital invested
Capital invested by funds: $46.1M → $46.8M (+$691K)
3% less funds holding
Funds holding: 32 → 31 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $295K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$550K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$484K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$399K |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$320K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.36M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.11M |
| 3 |
Morgan Stanley
New York
|
-$1.03M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$423K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$321K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
First Trust Advisors
Wheaton,
Illinois
| $91K | +$2.1K | +247 | +2% |
|
27
Rockefeller Capital Management
New York
| $48K | +$264 | +31 | +0.6% |
|
|
NFSG
28
Newbridge Financial Services Group
Boca Raton,
Florida
| $22K | +$21.3K | +2,500 | New |
|
|
HPC
29
HM Payson & Co
Portland,
Maine
| $18K | +$17.7K | +2,074 | New |
|
|
TFS
30
TrustCore Financial Services
Brentwood,
Tennessee
| $2K | – | – | – |
|
31
Millennium Management
New York
| $168 | -$184K | -21,570 | -53% |
|
|
SFS
32
Shaker Financial Services
Arlington,
Virginia
| – | -$423K | -52,204 | Closed |
|
|
CWS
33
Cypress Wealth Services
Palm Desert,
California
| – | -$284K | -33,297 | Closed |
|
|
FT
34
Fiduciary Trust
Boston,
Massachusetts
| – | -$85K | -10,566 | Closed |
|
|
BBHC
35
Brown Brothers Harriman & Co
New York
| – | -$61K | -7,500 | Closed |
|
EFL Hedge Fund Activity: Q3 2020 in Review
31 of the 4,956 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 Q3 2020, worth a combined $46.8M — up 1.5% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EFL and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 12 added.
The largest buyer was Chicago Partners Investment Group, adding an estimated $550K. The largest seller was Eaton Vance Management, cutting an estimated $1.36M.
- 31 institutional investors held Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) as of Q3 2020, down from 32 in Q2 2020.
- Funds reported $46.8M of Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest stock for Q3 2020, up 1.5% quarter-over-quarter.
- 3 funds opened new Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest positions in Q3 2020 and 4 closed out, a net change of -1 holder.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest buyer in Q3 2020 was Chicago Partners Investment Group, an estimated $550K added.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest seller in Q3 2020 was Eaton Vance Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2020.