Eaton Vance Senior Floating-Rate Fund
EFR
88 hedge funds and large institutions have $140M invested in Eaton Vance Senior Floating-Rate Fund in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 16 closing their positions.
21% more capital invested
Capital invested by funds: $116M → $140M (+$24M)
1.81% more ownership
Funds ownership: 31.8% → 33.6% (+1.8%)
4% less funds holding
Funds holding: 92 → 88 (-4)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.94M |
| 2 |
MHIC
Marble Harbor Investment Counsel
Boston,
Massachusetts
|
+$4.94M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$911K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$911K |
| 5 |
SCP
Shorepoint Capital Partners
Norwood,
Massachusetts
|
+$813K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.26M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$1.62M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$973K |
| 4 |
Goldman Sachs
New York
|
-$879K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$572K |
EFR Hedge Fund Activity: Q2 2020 in Review
88 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Senior Floating-Rate Fund (EFR) for Q2 2020, worth a combined $140M — up 21% from $116M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of EFR and 12 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 26 added.
The largest buyer was Saba Capital Management, adding an estimated $7.94M. The largest seller was Ameriprise, cutting an estimated $3.26M.
- 88 institutional investors held Eaton Vance Senior Floating-Rate Fund (EFR) as of Q2 2020, down from 92 in Q1 2020.
- Funds reported $140M of Eaton Vance Senior Floating-Rate Fund stock for Q2 2020, up 21% quarter-over-quarter.
- 12 funds opened new Eaton Vance Senior Floating-Rate Fund positions in Q2 2020 and 16 closed out, a net change of -4 holders.
- The largest Eaton Vance Senior Floating-Rate Fund buyer in Q2 2020 was Saba Capital Management, an estimated $7.94M added.
- The largest Eaton Vance Senior Floating-Rate Fund seller in Q2 2020 was Ameriprise, an estimated $3.26M sold.
Based on aggregated 13F filings for Q2 2020.