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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
BA
51
Bard Associates
Illinois
$258K +$27.5K +2,500 +12%
SW
52
SteelPeak Wealth
California
$249K -$90.5K -8,239 -27%
DI
53
Diligent Investors
California
$243K
IAN
54
Integrated Advisors Network
Texas
$223K
Ameriprise
55
Ameriprise
Minnesota
$222K -$87.6K -7,970 -29%
RPA
56
Rock Point Advisors
Vermont
$218K -$8.24K -750 -4%
EVM
57
Eaton Vance Management
Massachusetts
$190K -$6.59K -600 -3%
Walleye Capital
58
Walleye Capital
New York
$186K +$180K +16,356 New
PA
59
Parallel Advisors
California
$178K -$13.7K -1,250 -7%
RFC
60
Regions Financial Corp
Alabama
$171K -$22K -2,000 -12%
TFCP
61
Twin Focus Capital Partners
Massachusetts
$162K
LPIC
62
LeJeune Puetz Investment Counsel
Michigan
$160K
DAS
63
Dynamic Advisor Solutions
Arizona
$155K -$7.67K -698 -5%
CAN
64
Cetera Advisor Networks
California
$155K
AAMC
65
Asset Allocation & Management Company
Illinois
$148K
Citigroup
66
Citigroup
New York
$138K -$33K -3,000 -20%
SPC
67
Sigma Planning Corp
Michigan
$137K +$780 +71 +0.6%
BFEC
68
Benjamin F. Edwards & Company
Missouri
$135K -$4.67K -425 -3%
JSL
69
JT Stratford LLC
Georgia
$132K
RJFSA
70
Raymond James Financial Services Advisors
Florida
$131K +$604 +55 +0.5%
Commonwealth Equity Services
71
Commonwealth Equity Services
Massachusetts
$124K -$8.39K -764 -7%
SI
72
Stephens Inc
Arkansas
$114K
WAM
73
Wolverine Asset Management
Illinois
$96K +$92.6K +8,425 New
PNC Financial Services Group
74
PNC Financial Services Group
Pennsylvania
$86K
SFS
75
Sowell Financial Services
Arkansas
$82K -$14.5K -1,324 -15%

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.