Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest
EFL
EFL was delisted on the 25th of October, 2022.
33 hedge funds and large institutions have $50.8M invested in Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 4 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
3% less funds holding
Funds holding: 34 → 33 (-1)
5% less capital invested
Capital invested by funds: $53.7M → $50.8M (-$2.94M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.71M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$560K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$416K |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$390K |
| 5 |
VF
Virtu Financial
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.15M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.38M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$433K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$151K |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$114K |
EFL Hedge Fund Activity: Q1 2022 in Review
33 of the 6,340 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 2022, worth a combined $50.8M — down 5.5% from $53.7M 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 15 added.
The largest buyer was Morgan Stanley, adding an estimated $1.71M. The largest seller was Baird Financial Group, cutting an estimated $3.15M.
- 33 institutional investors held Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest (EFL) as of Q1 2022, down from 34 in Q4 2021.
- Funds reported $50.8M of Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest stock for Q1 2022, down 5.5% quarter-over-quarter.
- 3 funds opened new Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest positions in Q1 2022 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 Q1 2022 was Morgan Stanley, an estimated $1.71M added.
- The largest Eaton Vance Floating-Rate 2022 Target Term Trust Common Shares of Beneficial Interest seller in Q1 2022 was Baird Financial Group, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2022.