Eaton Vance Floating-Rate Income Trust
EFT
97 hedge funds and large institutions have $181M invested in Eaton Vance Floating-Rate Income Trust in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 14 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
5% more capital invested
Capital invested by funds: $172M → $181M (+$9.08M)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0.08% more ownership
Funds ownership: 33.66% → 33.75% (+0.08%)
0% more funds holding
Funds holding: 97 → 97 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.1M |
| 2 |
LC
Lindbrook Capital
Calabasas,
California
|
+$5.15M |
| 3 |
CWM
Circle Wealth Management
Summit,
New Jersey
|
+$1.09M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$635K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.09M |
| 2 |
O
OppenheimerFunds
New York
|
-$5.06M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$947K |
| 4 |
SCM
Saba Capital Management
New York
|
-$864K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$782K |
EFT Hedge Fund Activity: Q1 2019 in Review
97 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q1 2019, worth a combined $181M — up 5.3% from $172M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EFT positions and 14 closed out — a net gain of 1 holder — while 33 added to existing stakes and 27 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $7.1M. The largest seller was JP Morgan Chase, cutting an estimated $5.09M.
- 97 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $181M of Eaton Vance Floating-Rate Income Trust stock for Q1 2019, up 5.3% quarter-over-quarter.
- 15 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q1 2019 and 14 closed out, a net change of +1 holder.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q1 2019 was Rivernorth Capital Management, an estimated $7.1M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q1 2019 was JP Morgan Chase, an estimated $5.09M sold.
Based on aggregated 13F filings for Q1 2019.