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EFT

Eaton Vance Floating-Rate Income Trust
EFT

78 hedge funds and large institutions have $141M invested in Eaton Vance Floating-Rate Income Trust in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 23 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

10% more funds holding

Funds holding: 71 → 78 (+7)

1.3% more ownership

Funds ownership: 21.3% → 22.6% (+1.3%)

4% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 23

2% more capital invested

Capital invested by funds: $138M → $141M (+$2.84M)

Holders
78
Holders Change
+7
Holders Change %
+9.86%
% of All Funds
2.24%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
9
Increased
24
Reduced
23
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCA
Restructuring Capital Associates
Connecticut
+$6.39M
2
UCFA
United Capital Financial Advisors
Texas
+$2.05M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$2.02M
4
GC
Guggenheim Capital
Illinois
+$1.9M
5
CA
Cornerstone Advisors
North Carolina
+$1.35M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$1.81M
2
EWM
Edge Wealth Management
New York
-$1.78M
3
ARC
Absolute Return Capital
Massachusetts
-$1.59M
4
Invesco
Invesco
Georgia
-$1.45M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.21M
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$139K – – –
Northwestern Mutual Wealth Management
52
Northwestern Mutual Wealth Management
Wisconsin
$107K +$1.53K +101 +1%
MA
53
MUFG Americas
New York
$101K – – –
BRWA
54
B. Riley Wealth Advisors
Florida
$101K -$48.3K -3,189 -32%
WCMNY
55
Westchester Capital Management (New York)
New York
$84K – – –
Ameriprise
56
Ameriprise
Minnesota
$65K +$7.73K +510 +13%
Royal Bank of Canada
57
Royal Bank of Canada
Ontario, Canada
$58K -$1.21M -80,107 -95%
CAPTRUST Financial Advisors
58
CAPTRUST Financial Advisors
North Carolina
$53K – – –
Barclays
59
Barclays
United Kingdom
$48K +$48.7K +3,214 New
GI
60
Gradient Investments
Minnesota
$45K – – –
WEC
61
Winslow Evans & Crocker
Massachusetts
$44.9K -$3.03K -200 -6%
LTFS
62
Ladenburg Thalmann Financial Services
Florida
$37K -$213K -14,071 -85%
SIA
63
SeaBridge Investment Advisors
New Jersey
$36K – – –
MPWT
64
MassMutual Private Wealth & Trust
Connecticut
$31.3K +$31.5K +2,076 New
EWM
65
Evercore Wealth Management
New York
$23K -$19.8K -1,310 -47%
MFS
66
MSI Financial Services
Massachusetts
$23K -$3.03K -200 -12%
Deutsche Bank
67
Deutsche Bank
Germany
$20K +$20.2K +1,330 New
FWM
68
Focused Wealth Management
New York
$15K – – –
WA
69
WFG Advisors
Texas
$15K – – –
WRM
70
Westport Resources Management
Connecticut
$15K +$15.2K +1,000 New
Fifth Third Bancorp
71
Fifth Third Bancorp
Ohio
$12K +$1.29K +85 +12%
RIM
72
Ranger International Management
Illinois
$10K +$10.5K +694 New
HCM
73
Highlander Capital Management
New Jersey
$7.54K – – –
M&T Bank
74
M&T Bank
New York
$7K – – –
1IC
75
1919 Investment Counsel
Maryland
$5K – – –
1 2
3
4

EFT Hedge Fund Activity: Q2 2014 in Review

78 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q2 2014, worth a combined $141M — up 2.1% from $138M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new EFT positions and 2 closed out — a net gain of 7 holders — while 24 added to existing stakes and 23 trimmed.

The largest buyer was Restructuring Capital Associates, adding an estimated $6.39M. The largest seller was Bank of America, cutting an estimated $1.81M.

  • 78 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q2 2014, up from 71 in Q1 2014.
  • Funds reported $141M of Eaton Vance Floating-Rate Income Trust stock for Q2 2014, up 2.1% quarter-over-quarter.
  • 9 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q2 2014 and 2 closed out, a net change of +7 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q2 2014 was Restructuring Capital Associates, an estimated $6.39M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q2 2014 was Bank of America, an estimated $1.81M sold.

Based on aggregated 13F filings for Q2 2014.