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EFT

Eaton Vance Floating-Rate Income Trust
EFT

90 hedge funds and large institutions have $197M invested in Eaton Vance Floating-Rate Income Trust in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 19 increasing their positions, 36 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

320% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 5

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

22% more funds holding

Funds holding: 74 → 90 (+16)

0.45% more ownership

Funds ownership: 32.85% → 33.29% (+0.45%)

1% less capital invested

Capital invested by funds: $199M → $197M (-$2.11M)

47% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 36

Holders
90
Holders Change
+16
Holders Change %
+21.62%
% of All Funds
2.04%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
21
Increased
19
Reduced
36
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
+$10.4M
2
RCA
Restructuring Capital Associates
Connecticut
+$4M
3
WAM
Wolverine Asset Management
Illinois
+$1.61M
4
MIG
Mariner Investment Group
New York
+$1.18M
5
WCMNY
Westchester Capital Management (New York)
New York
+$1.14M

Top Sellers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
-$13.3M
2
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
-$6.36M
3
CWM
Circle Wealth Management
New Jersey
-$2.04M
4
GC
Guggenheim Capital
Illinois
-$934K
5
CRC
Curi RMB Capital
Illinois
-$851K
Name Holding Trade Value Shares
Change 		Change in
Stake
AG
51
Advisor Group
Arizona
$237K – – –
LFAS
52
Level Four Advisory Services
Texas
$221K +$222K +15,417 New
TFCP
53
Twin Focus Capital Partners
Massachusetts
$203K – – –
CAN
54
Cetera Advisor Networks
California
$201K +$202K +14,008 New
HighTower Advisors
55
HighTower Advisors
Illinois
$195K -$43.1K -2,994 -18%
SWM
56
SeaCrest Wealth Management
New York
$183K +$184K +12,778 New
LTFS
57
Ladenburg Thalmann Financial Services
Florida
$181K +$259 +18 +0.1%
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$175K -$4.94K -343 -3%
SFS
59
Sowell Financial Services
Arkansas
$167K +$216 +15 +0.1%
FHA
60
Flagship Harbor Advisors
Massachusetts
$160K -$49.1K -3,408 -23%
JSL
61
JT Stratford LLC
Georgia
$160K +$7.48K +519 +5%
Millennium Management
62
Millennium Management
New York
$155K -$274K -19,045 -64%
YP
63
Yellowstone Partners
Idaho
$152K +$153K +10,600 New
RWA
64
RGT Wealth Advisors
Texas
$147K +$148K +10,260 New
HK
65
Horizon Kinetics
New York
$146K – – –
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$142K +$58.6K +4,067 +69%
HI
67
Hudock Inc
Pennsylvania
$107K – – –
IA
68
IFP Advisors
Florida
$86K -$548K -38,024 -86%
PCM
69
Penserra Capital Management
California
$83K +$29.6K +2,057 +54%
ASN
70
Advisory Services Network
Georgia
$68K -$173K -12,000 -72%
PCP
71
Proficio Capital Partners
Massachusetts
$66K -$9.08K -630 -12%
WWMSC
72
Wagner Wealth Management (South Carolina)
South Carolina
$61K +$61.8K +4,292 New
FDCDDQ
73
Federation des caisses Desjardins du Quebec
Quebec, Canada
$54.5K -$155K -10,750 -74%
Fifth Third Bancorp
74
Fifth Third Bancorp
Ohio
$45K – – –
SPIA
75
Steward Partners Investment Advisory
New York
$31K +$2.88K +200 +10%
1 2
3
4

EFT Hedge Fund Activity: Q4 2017 in Review

90 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q4 2017, worth a combined $197M — down 1.1% from $199M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new EFT positions and 5 closed out — a net gain of 16 holders — while 19 added to existing stakes and 36 trimmed.

The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $10.4M. The largest seller was Invesco, cutting an estimated $13.3M.

  • 90 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q4 2017, up from 74 in Q3 2017.
  • Funds reported $197M of Eaton Vance Floating-Rate Income Trust stock for Q4 2017, down 1.1% quarter-over-quarter.
  • 21 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q4 2017 and 5 closed out, a net change of +16 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q4 2017 was Relative Value Partners Group, an estimated $10.4M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q4 2017 was Invesco, an estimated $13.3M sold.

Based on aggregated 13F filings for Q4 2017.