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EFT

Eaton Vance Floating-Rate Income Trust

72 hedge funds and large institutions have $154M invested in Eaton Vance Floating-Rate Income Trust in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $147M → $154M (+$6.52M)

0% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 19

0.81% less ownership

Funds ownership: 27.29%26.48% (-0.81%)

9% less funds holding

Funds holding: 7972 (-7)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
72
Holders Change
-7
Holders Change %
-8.86%
% of All Funds
1.92%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
12
Increased
19
Reduced
19
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$27.3M
Morgan Stanley
2
Morgan Stanley
New York
$17.1M +$2.16M +152,326 +15%
RCA
3
Restructuring Capital Associates
Connecticut
$14.1M +$632K +44,565 +5%
BAM
4
Burgundy Asset Management
Ontario, Canada
$11.3M
Bank of America
5
Bank of America
North Carolina
$8.47M +$1.03M +72,437 +14%
GC
6
Guggenheim Capital
Illinois
$7.71M +$894K +63,001 +14%
Invesco
7
Invesco
Georgia
$5.87M -$897K -63,196 -14%
JP Morgan Chase
8
JP Morgan Chase
New York
$5.68M -$82.7K -5,829 -1%
MIG
9
Mariner Investment Group
New York
$5.68M -$482K -33,942 -8%
SAM
10
Symphony Asset Management
California
$5.16M
TAM
11
Trust Asset Management
Texas
$4.61M +$859K +60,566 +24%
CS
12
Credit Suisse
Switzerland
$3.95M -$533K -37,596 -12%
UCFA
13
United Capital Financial Advisors
Texas
$3.13M +$813K +57,278 +37%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$3.08M +$836K +58,949 +39%
UBS Group
15
UBS Group
Switzerland
$2.84M +$83.3K +5,873 +3%
OHA
16
Oak Hill Advisors
New York
$2.27M -$3.44M -242,345 -61%
LPL Financial
17
LPL Financial
California
$1.92M +$415K +29,274 +29%
YMRC
18
Yorktown Management & Research Company
Virginia
$1.53M +$1.49M +105,200 New
Loomis, Sayles & Company
19
Loomis, Sayles & Company
Massachusetts
$1.47M +$1.43M +100,779 New
BlackRock
20
BlackRock
New York
$1.46M
RPA
21
Rock Point Advisors
Vermont
$1.42M +$30.9K +2,175 +2%
Cohen & Steers
22
Cohen & Steers
New York
$1.34M +$1.31M +92,211 New
HK
23
Horizon Kinetics
New York
$1.17M -$70.9K -5,000 -6%
DS
24
DRW Securities
Illinois
$1.09M -$680K -47,927 -39%
BB
25
Bell Bank
North Dakota
$1.08M

EFT Hedge Fund Activity: Q1 2015 in Review

72 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q1 2015, worth a combined $154M — up 4.4% from $147M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of EFT and 12 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 19 added.

The largest buyer was Morgan Stanley, adding an estimated $2.16M. The largest seller was Oak Hill Advisors, cutting an estimated $3.44M.

  • 72 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q1 2015, down from 79 in Q4 2014.
  • Funds reported $154M of Eaton Vance Floating-Rate Income Trust stock for Q1 2015, up 4.4% quarter-over-quarter.
  • 12 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q1 2015 and 17 closed out, a net change of -5 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q1 2015 was Morgan Stanley, an estimated $2.16M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q1 2015 was Oak Hill Advisors, an estimated $3.44M sold.

Based on aggregated 13F filings for Q1 2015.