Eaton Vance Senior Floating-Rate Fund
EFR
73 hedge funds and large institutions have $94.5M invested in Eaton Vance Senior Floating-Rate Fund in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 23 closing their positions.
19% less funds holding
Funds holding: 90 → 73 (-17)
19.37% less ownership
Funds ownership: 36.92% → 17.55% (-19%)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less capital invested
Capital invested by funds: $192M → $94.5M (-$97.9M)
70% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$11.1M |
| 2 |
Morgan Stanley
New York
|
+$1.77M |
| 3 |
IC
Intersect Capital
San Ramon,
California
|
+$1.27M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$925K |
| 5 |
GP
Geneva Partners
Lake Geneva,
Wisconsin
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$49.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$16.4M |
| 3 |
OHA
Oak Hill Advisors
New York
|
-$11.2M |
| 4 |
LC
Lindbrook Capital
Calabasas,
California
|
-$7.65M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$6.54M |
EFR Hedge Fund Activity: Q3 2021 in Review
73 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Senior Floating-Rate Fund (EFR) for Q3 2021, worth a combined $94.5M — down 51% from $192M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EFR and 7 opened new positions — a net loss of 16 holders — while 27 trimmed existing stakes and 19 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $11.1M. The largest seller was Saba Capital Management, exiting entirely with an estimated $49.5M sold.
- 73 institutional investors held Eaton Vance Senior Floating-Rate Fund (EFR) as of Q3 2021, down from 90 in Q2 2021.
- Funds reported $94.5M of Eaton Vance Senior Floating-Rate Fund stock for Q3 2021, down 51% quarter-over-quarter.
- 7 funds opened new Eaton Vance Senior Floating-Rate Fund positions in Q3 2021 and 23 closed out, a net change of -16 holders.
- The largest Eaton Vance Senior Floating-Rate Fund buyer in Q3 2021 was Penserra Capital Management, an estimated $11.1M added.
- The largest Eaton Vance Senior Floating-Rate Fund seller in Q3 2021 was Saba Capital Management, an estimated $49.5M sold.
Based on aggregated 13F filings for Q3 2021.