Eaton Vance Floating-Rate Income Trust
EFT
76 hedge funds and large institutions have $156M invested in Eaton Vance Floating-Rate Income Trust in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
3% more funds holding
Funds holding: 74 → 76 (+2)
2.03% more ownership
Funds ownership: 27.18% → 29.21% (+2%)
3% more capital invested
Capital invested by funds: $152M → $156M (+$4.17M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.23M |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$4.74M |
| 3 |
JP Morgan Chase
New York
|
+$2.89M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$1.37M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.35M |
| 2 |
LPL Financial
San Diego,
California
|
-$599K |
| 3 |
Goldman Sachs
New York
|
-$320K |
| 4 |
HK
Horizon Kinetics
New York
|
-$304K |
| 5 |
JPTCCM
J.P. Turner & Co Capital Management
Atlanta,
Georgia
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
76
Edge Wealth Management
New York
| $5K | +$5.5K | +400 | New |
|
|
BA
77
BlackRock Advisors
Wilmington,
Delaware
| $1K | – | – | – |
|
|
78
Goldman Sachs
New York
| – | -$320K | -23,229 | Closed |
|
|
JPTCCM
79
J.P. Turner & Co Capital Management
Atlanta,
Georgia
| – | -$282K | -20,746 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$183K | -13,257 | Closed |
|
|
CAN
81
Cetera Advisor Networks
El Segundo,
California
| – | -$182K | -12,430 | Closed |
|
|
PIA
82
Peachtree Investment Advisors
Atlanta,
Georgia
| – | -$55K | -4,000 | Closed |
|
|
RIM
83
Ranger International Management
Lake Forest,
Illinois
| – | -$10K | -694 | Closed |
|
|
GWM
84
Gupta Wealth Management
San Diego,
California
| – | -$3K | -250 | Closed |
|
EFT Hedge Fund Activity: Q3 2015 in Review
76 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q3 2015, worth a combined $156M — up 2.8% from $152M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EFT positions and 7 closed out — a net gain of 3 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Invesco, adding an estimated $7.23M. The largest seller was Morgan Stanley, cutting an estimated $1.35M.
- 76 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q3 2015, up from 74 in Q2 2015.
- Funds reported $156M of Eaton Vance Floating-Rate Income Trust stock for Q3 2015, up 2.8% quarter-over-quarter.
- 10 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q3 2015 and 7 closed out, a net change of +3 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q3 2015 was Invesco, an estimated $7.23M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q3 2015 was Morgan Stanley, an estimated $1.35M sold.
Based on aggregated 13F filings for Q3 2015.