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 $45.4M invested in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
3% more capital invested
Capital invested by funds: $44.3M → $45.4M (+$1.12M)
14% less funds holding
Funds holding: 36 → 31 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.26M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$477K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$468K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$379K |
| 5 |
Barclays
London,
United Kingdom
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$776K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$762K |
| 3 |
Morgan Stanley
New York
|
-$567K |
| 4 |
Millennium Management
New York
|
-$501K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$447K |
EFL Hedge Fund Activity: Q1 2021 in Review
31 of the 5,695 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 2021, worth a combined $45.4M — up 2.5% from $44.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EFL and 3 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Janney Montgomery Scott, adding an estimated $1.26M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $776K sold.
- 31 institutional investors held Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) as of Q1 2021, down from 36 in Q4 2020.
- Funds reported $45.4M of Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest stock for Q1 2021, up 2.5% quarter-over-quarter.
- 3 funds opened new Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest positions in Q1 2021 and 8 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 Q1 2021 was Janney Montgomery Scott, an estimated $1.26M added.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest seller in Q1 2021 was Rivernorth Capital Management, an estimated $776K sold.
Based on aggregated 13F filings for Q1 2021.