Eaton Vance Floating-Rate Income Trust
EFT
80 hedge funds and large institutions have $111M invested in Eaton Vance Floating-Rate Income Trust in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 30 reducing their positions, and 16 closing their positions.
2% less funds holding
Funds holding: 82 → 80 (-2)
2.8% less ownership
Funds ownership: 33.23% → 30.43% (-2.8%)
7% less capital invested
Capital invested by funds: $119M → $111M (-$7.85M)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
40% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.1M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.38M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.15M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$662K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIG
Kennedy Investment Group
West Depford,
New Jersey
|
-$5.24M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.64M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$4.3M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.17M |
| 5 |
MHIC
Marble Harbor Investment Counsel
Boston,
Massachusetts
|
-$2.8M |
EFT Hedge Fund Activity: Q4 2023 in Review
80 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q4 2023, worth a combined $111M — down 6.6% from $119M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of EFT and 14 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $13.1M. The largest seller was Kennedy Investment Group, exiting entirely with an estimated $5.24M sold.
- 80 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q4 2023, down from 82 in Q3 2023.
- Funds reported $111M of Eaton Vance Floating-Rate Income Trust stock for Q4 2023, down 6.6% quarter-over-quarter.
- 14 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q4 2023 and 16 closed out, a net change of -2 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q4 2023 was Morgan Stanley, an estimated $13.1M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q4 2023 was Kennedy Investment Group, an estimated $5.24M sold.
Based on aggregated 13F filings for Q4 2023.