Eaton Vance Senior Floating-Rate Fund
EFR
92 hedge funds and large institutions have $116M invested in Eaton Vance Senior Floating-Rate Fund in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 23 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
2.39% more ownership
Funds ownership: 29.41% → 31.8% (+2.4%)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
11% less funds holding
Funds holding: 103 → 92 (-11)
21% less capital invested
Capital invested by funds: $147M → $116M (-$30.6M)
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$17.6M |
| 2 |
LC
Lindbrook Capital
Calabasas,
California
|
+$9.63M |
| 3 |
OHA
Oak Hill Advisors
New York
|
+$4.5M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$2.53M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.69M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.05M |
| 3 |
Millennium Management
New York
|
-$3.57M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.81M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.34M |
EFR Hedge Fund Activity: Q1 2020 in Review
92 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Senior Floating-Rate Fund (EFR) for Q1 2020, worth a combined $116M — down 21% from $147M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EFR and 15 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 28 added.
The largest buyer was Saba Capital Management, adding an estimated $17.6M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $8.69M sold.
- 92 institutional investors held Eaton Vance Senior Floating-Rate Fund (EFR) as of Q1 2020, down from 103 in Q4 2019.
- Funds reported $116M of Eaton Vance Senior Floating-Rate Fund stock for Q1 2020, down 21% quarter-over-quarter.
- 15 funds opened new Eaton Vance Senior Floating-Rate Fund positions in Q1 2020 and 23 closed out, a net change of -8 holders.
- The largest Eaton Vance Senior Floating-Rate Fund buyer in Q1 2020 was Saba Capital Management, an estimated $17.6M added.
- The largest Eaton Vance Senior Floating-Rate Fund seller in Q1 2020 was Rivernorth Capital Management, an estimated $8.69M sold.
Based on aggregated 13F filings for Q1 2020.