Eaton Vance Floating-Rate Income Trust
EFT
89 hedge funds and large institutions have $171M invested in Eaton Vance Floating-Rate Income Trust in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more funds holding
Funds holding: 76 → 89 (+13)
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
10% more capital invested
Capital invested by funds: $156M → $171M (+$14.8M)
4.33% more ownership
Funds ownership: 29.21% → 33.55% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$7.5M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.38M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.19M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$2.62M |
| 5 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.55M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.9M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$662K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$360K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$351K |
EFT Hedge Fund Activity: Q4 2015 in Review
89 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q4 2015, worth a combined $171M — up 9.5% from $156M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EFT positions and 3 closed out — a net gain of 13 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $7.5M. The largest seller was Invesco, cutting an estimated $7.55M.
- 89 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q4 2015, up from 76 in Q3 2015.
- Funds reported $171M of Eaton Vance Floating-Rate Income Trust stock for Q4 2015, up 9.5% quarter-over-quarter.
- 16 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q4 2015 and 3 closed out, a net change of +13 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q4 2015 was JP Morgan Chase, an estimated $7.5M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q4 2015 was Invesco, an estimated $7.55M sold.
Based on aggregated 13F filings for Q4 2015.