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EFT

Eaton Vance Floating-Rate Income Trust

97 hedge funds and large institutions have $204M invested in Eaton Vance Floating-Rate Income Trust in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

3% more funds holding

Funds holding: 9497 (+3)

2.13% more ownership

Funds ownership: 38.34%40.47% (+2.1%)

4% more capital invested

Capital invested by funds: $196M → $204M (+$8.14M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

13% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 31

Holders
97
Holders Change
+3
Holders Change %
+3.19%
% of All Funds
2.13%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
10
Increased
27
Reduced
31
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NCM
26
Next Capital Management
New York
$1.9M +$1.3M +97,971 +197%
Baird Financial Group
27
Baird Financial Group
Wisconsin
$1.27M -$16.3K -1,224 -1%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$1.25M -$198K -14,858 -14%
AG
29
Advisor Group
Arizona
$1.22M +$65.7K +4,935 +6%
BPCM
30
Beach Point Capital Management
California
$1.11M -$1.11M -83,081 -50%
RCM
31
Robinson Capital Management
Michigan
$1.06M
MIG
32
Mariner Investment Group
New York
$1M +$108K +8,085 +12%
BB
33
Bell Bank
North Dakota
$967K
LPL Financial
34
LPL Financial
California
$931K +$23.7K +1,782 +3%
LTFS
35
Ladenburg Thalmann Financial Services
Florida
$909K +$57.6K +4,331 +7%
CAN
36
Cetera Advisor Networks
California
$855K +$21.5K +1,618 +3%
6M
37
6 Meridian
Kansas
$784K +$789K +59,301 New
AA
38
AQR Arbitrage
Connecticut
$751K +$81.4K +6,120 +12%
SFS
39
Shaker Financial Services
Virginia
$709K -$8.85K -665 -1%
Wells Fargo
40
Wells Fargo
California
$665K -$101K -7,623 -13%
GAMC
41
Garner Asset Management Corp
Texas
$639K -$25.9K -1,950 -4%
EVM
42
Eaton Vance Management
Massachusetts
$627K
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
$562K +$945 +71 +0.2%
CIA
44
Capital Investment Advisors
Georgia
$537K +$10K +754 +2%
Koshinski Asset Management
45
Koshinski Asset Management
Illinois
$530K +$45.9K +3,451 +9%
ACM
46
Arlington Capital Management
Illinois
$441K -$40.1K -3,012 -8%
NC
47
Nicholas Company
Wisconsin
$423K +$426K +32,000 New
Ameriprise
48
Ameriprise
Minnesota
$417K -$50.7K -3,812 -11%
QGA
49
Q Global Advisors
Texas
$411K
CWM
50
Cornerstone Wealth Management
Missouri
$402K +$70.8K +5,319 +21%

EFT Hedge Fund Activity: Q3 2019 in Review

97 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q3 2019, worth a combined $204M — up 4.2% from $196M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new EFT positions and 7 closed out — a net gain of 3 holders — while 27 added to existing stakes and 31 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $12.8M. The largest seller was Bank of America, cutting an estimated $2.1M.

  • 97 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q3 2019, up from 94 in Q2 2019.
  • Funds reported $204M of Eaton Vance Floating-Rate Income Trust stock for Q3 2019, up 4.2% quarter-over-quarter.
  • 10 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q3 2019 and 7 closed out, a net change of +3 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q3 2019 was Saba Capital Management, an estimated $12.8M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q3 2019 was Bank of America, an estimated $2.1M sold.

Based on aggregated 13F filings for Q3 2019.