Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest
EFL
EFL was delisted on the 25th of October, 2022.
14 hedge funds and large institutions have $27.7M invested in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
7% less funds holding
Funds holding: 15 → 14 (-1)
7% less capital invested
Capital invested by funds: $29.9M → $27.7M (-$2.15M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$701K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$592K |
| 3 |
RVPG
Relative Value Partners Group
|
+$355K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$143K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$71.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.42M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$973K |
| 3 |
Morgan Stanley
New York
|
-$387K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$180K |
| 5 |
Bank of New York Mellon
New York
|
-$120K |
EFL Hedge Fund Activity: Q1 2018 in Review
14 of the 4,373 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 2018, worth a combined $27.7M — down 7.2% from $29.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EFL and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 5 added.
The largest buyer was Wells Fargo, adding an estimated $701K. The largest seller was Rivernorth Capital Management, cutting an estimated $2.42M.
- 14 institutional investors held Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) as of Q1 2018, down from 15 in Q4 2017.
- Funds reported $27.7M of Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest stock for Q1 2018, down 7.2% quarter-over-quarter.
- 4 funds opened new Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest positions in Q1 2018 and 5 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 Q1 2018 was Wells Fargo, an estimated $701K added.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest seller in Q1 2018 was Rivernorth Capital Management, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2018.