Eaton Vance Floating-Rate Income Trust
EFT
81 hedge funds and large institutions have $187M invested in Eaton Vance Floating-Rate Income Trust in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
5% more funds holding
Funds holding: 77 → 81 (+4)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $195M → $187M (-$7.7M)
1.51% less ownership
Funds ownership: 35.73% → 34.22% (-1.5%)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.69M |
| 2 |
Morgan Stanley
New York
|
+$1.33M |
| 3 |
CS
Comerica Securities
Detroit,
Michigan
|
+$1.3M |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$1.24M |
| 5 |
ISL
Ingalls & Snyder LLC
New York
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.34M |
| 2 |
TAF
Tredje AP-fonden
Se-111 91 Stockholm,
Sweden
|
-$3.15M |
| 3 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$2.02M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$1.7M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.35M |
EFT Hedge Fund Activity: Q2 2016 in Review
81 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q2 2016, worth a combined $187M — down 4% from $195M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new EFT positions and 8 closed out — a net gain of 4 holders — while 23 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $2.69M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.34M sold.
- 81 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q2 2016, up from 77 in Q1 2016.
- Funds reported $187M of Eaton Vance Floating-Rate Income Trust stock for Q2 2016, down 4% quarter-over-quarter.
- 12 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q2 2016 and 8 closed out, a net change of +4 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q2 2016 was Bank of America, an estimated $2.69M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q2 2016 was Rivernorth Capital Management, an estimated $3.34M sold.
Based on aggregated 13F filings for Q2 2016.