Eaton Vance Senior Floating-Rate Fund
EFR
95 hedge funds and large institutions have $182M invested in Eaton Vance Senior Floating-Rate Fund in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 38 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital invested
Capital invested by funds: $149M → $182M (+$33M)
9% more funds holding
Funds holding: 87 → 95 (+8)
4.07% more ownership
Funds ownership: 34.73% → 38.79% (+4.1%)
55% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$11.6M |
| 2 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
+$11.1M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.88M |
| 4 |
OHA
Oak Hill Advisors
New York
|
+$1.9M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$930K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$2.59M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$1.94M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.37M |
| 4 |
Goldman Sachs
New York
|
-$1.19M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$686K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
101
SignatureFD
Atlanta,
Georgia
| – | -$23K | -2,000 | Closed |
|
102
Barclays
London,
United Kingdom
| – | -$8K | -607 | Closed |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -600 | Closed |
|
|
WLPWM
104
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | -$175 | -14 | -48% |
|
105
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
EFR Hedge Fund Activity: Q4 2020 in Review
95 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Senior Floating-Rate Fund (EFR) for Q4 2020, worth a combined $182M — up 22% from $149M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new EFR positions and 10 closed out — a net gain of 9 holders — while 17 added to existing stakes and 38 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $11.6M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $2.59M sold.
- 95 institutional investors held Eaton Vance Senior Floating-Rate Fund (EFR) as of Q4 2020, up from 87 in Q3 2020.
- Funds reported $182M of Eaton Vance Senior Floating-Rate Fund stock for Q4 2020, up 22% quarter-over-quarter.
- 19 funds opened new Eaton Vance Senior Floating-Rate Fund positions in Q4 2020 and 10 closed out, a net change of +9 holders.
- The largest Eaton Vance Senior Floating-Rate Fund buyer in Q4 2020 was Saba Capital Management, an estimated $11.6M added.
- The largest Eaton Vance Senior Floating-Rate Fund seller in Q4 2020 was Oaktree Capital Management, an estimated $2.59M sold.
Based on aggregated 13F filings for Q4 2020.