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EFR

Eaton Vance Senior Floating-Rate Fund

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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+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: 10392 (-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

Holders
92
Holders Change
-11
Holders Change %
-10.68%
% of All Funds
2.03%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
15
Increased
28
Reduced
28
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$15.2M +$17.6M +1,410,416 +1,078%
LC
2
Lindbrook Capital
California
$8.48M +$9.63M +771,295 +889%
Invesco
3
Invesco
Georgia
$8M -$973K -77,889 -9%
PCM
4
Penserra Capital Management
California
$7.86M -$163K -13,023 -2%
Morgan Stanley
5
Morgan Stanley
New York
$4.9M +$165K +13,215 +3%
GC
6
Guggenheim Capital
Illinois
$4.76M +$11K +880 +0.2%
Goldman Sachs
7
Goldman Sachs
New York
$4.54M -$700K -56,074 -11%
CIA
8
Capital Investment Advisors
Georgia
$4.54M -$165K -13,213 -3%
Ameriprise
9
Ameriprise
Minnesota
$4.02M +$1.48M +118,144 +41%
Cohen & Steers
10
Cohen & Steers
New York
$4M +$287K +22,951 +6%
UBS Group
11
UBS Group
Switzerland
$3.97M -$4.05M -324,706 -45%
Bank of America
12
Bank of America
North Carolina
$3.75M +$486K +38,884 +11%
OHA
13
Oak Hill Advisors
New York
$3.56M +$4.5M +360,230 New
WPC
14
White Pine Capital
Minnesota
$3.24M -$49.9K -3,995 -1%
AAM
15
Advisors Asset Management
Colorado
$2.88M -$483K -38,647 -12%
Osaic Holdings
16
Osaic Holdings
Arizona
$2.46M +$3.11M +248,845 New
PP
17
Prudential plc
United Kingdom
$2.24M
VCM
18
Vivaldi Capital Management
Illinois
$2M +$2.53M +202,612 New
BA
19
Ballew Advisors
Mississippi
$1.82M -$21.2K -1,699 -0.9%
Wells Fargo
20
Wells Fargo
California
$1.81M +$91.3K +7,308 +4%
VEA
21
Virtus ETF Advisers
New York
$1.8M -$788K -63,118 -26%
OCM
22
Oaktree Capital Management
California
$1.68M +$2.12M +170,000 New
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$1.52M -$494K -39,542 -20%
Baird Financial Group
24
Baird Financial Group
Wisconsin
$1.52M +$161K +12,892 +9%
WMG
25
WESCAP Management Group
California
$1.03M +$1.05M +84,119 +426%

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.