Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest
EFL
EFL was delisted on the 25th of October, 2022.
36 hedge funds and large institutions have $44.3M invested in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
16% more funds holding
Funds holding: 31 → 36 (+5)
5% less capital invested
Capital invested by funds: $46.8M → $44.3M (-$2.52M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$763K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$518K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$417K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.54M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.78M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$1.69M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.38M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$349K |
EFL Hedge Fund Activity: Q4 2020 in Review
36 of the 5,651 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 Q4 2020, worth a combined $44.3M — down 5.4% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EFL positions and 3 closed out — a net gain of 5 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Baird Financial Group, adding an estimated $2.2M. The largest seller was Morgan Stanley, cutting an estimated $2.54M.
- 36 institutional investors held Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) as of Q4 2020, up from 31 in Q3 2020.
- Funds reported $44.3M of Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest stock for Q4 2020, down 5.4% quarter-over-quarter.
- 8 funds opened new Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest positions in Q4 2020 and 3 closed out, a net change of +5 holders.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest buyer in Q4 2020 was Baird Financial Group, an estimated $2.2M added.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest seller in Q4 2020 was Morgan Stanley, an estimated $2.54M sold.
Based on aggregated 13F filings for Q4 2020.