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EFT

Eaton Vance Floating-Rate Income Trust

93 hedge funds and large institutions have $204M invested in Eaton Vance Floating-Rate Income Trust in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 37 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $171M → $204M (+$33.3M)

3.67% more ownership

Funds ownership: 41.3%44.97% (+3.7%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

9% less funds holding

Funds holding: 10293 (-9)

43% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 37

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

Holders
93
Holders Change
-9
Holders Change %
-8.82%
% of All Funds
1.91%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
6
Increased
21
Reduced
37
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
26
Triad Investment Management
California
$1.43M -$123K -11,216 -8%
Rockefeller Capital Management
27
Rockefeller Capital Management
New York
$1.38M +$1.33M +121,443 New
Truist Financial
28
Truist Financial
North Carolina
$1.25M +$242K +22,040 +25%
Baird Financial Group
29
Baird Financial Group
Wisconsin
$1.18M +$34.6K +3,145 +3%
Envestnet Asset Management
30
Envestnet Asset Management
Illinois
$1.14M -$350K -31,819 -24%
LPL Financial
31
LPL Financial
California
$1.06M +$74.4K +6,774 +8%
AA
32
AQR Arbitrage
Connecticut
$858K +$351K +31,949 +74%
WCMNY
33
Westchester Capital Management (New York)
New York
$839K
Wells Fargo
34
Wells Fargo
California
$764K +$369K +33,551 +100%
WMG
35
WESCAP Management Group
California
$738K +$8.56K +779 +1%
Stifel Financial
36
Stifel Financial
Missouri
$672K -$1.42M -129,184 -69%
MIG
37
Mariner Investment Group
New York
$639K +$91.8K +8,355 +18%
PAS
38
Park Avenue Securities
New York
$559K +$539K +49,048 New
GAMC
39
Garner Asset Management Corp
Texas
$551K -$2.2K -200 -0.4%
SFS
40
Shaker Financial Services
Virginia
$510K +$79.4K +7,230 +19%
Koshinski Asset Management
41
Koshinski Asset Management
Illinois
$452K +$1.45K +132 +0.3%
Cambridge Investment Research Advisors
42
Cambridge Investment Research Advisors
Iowa
$445K -$93K -8,467 -18%
CIA
43
Capital Investment Advisors
Georgia
$417K -$32.8K -2,984 -8%
LCM
44
Landscape Capital Management
New Jersey
$386K +$372K +33,893 New
VEA
45
Virtus ETF Advisers
New York
$356K -$1.49M -135,962 -81%
FFA
46
First Foundation Advisors
California
$352K -$375K -34,143 -53%
CWM
47
Cornerstone Wealth Management
Missouri
$348K -$23.9K -2,171 -7%
RCM
48
Robinson Capital Management
Michigan
$342K
PPA
49
Parametric Portfolio Associates
Washington
$339K -$1.82K -166 -0.6%
SRC
50
Shufro Rose & Co
New York
$320K -$11K -1,000 -3%

EFT Hedge Fund Activity: Q2 2020 in Review

93 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q2 2020, worth a combined $204M — up 19% from $171M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of EFT and 6 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 21 added.

The largest buyer was Saba Capital Management, adding an estimated $22.8M. The largest seller was Oaktree Capital Management, cutting an estimated $2.99M.

  • 93 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q2 2020, down from 102 in Q1 2020.
  • Funds reported $204M of Eaton Vance Floating-Rate Income Trust stock for Q2 2020, up 19% quarter-over-quarter.
  • 6 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q2 2020 and 15 closed out, a net change of -9 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q2 2020 was Saba Capital Management, an estimated $22.8M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q2 2020 was Oaktree Capital Management, an estimated $2.99M sold.

Based on aggregated 13F filings for Q2 2020.