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EFT

Eaton Vance Floating-Rate Income Trust

77 hedge funds and large institutions have $198M invested in Eaton Vance Floating-Rate Income Trust in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

6% more capital invested

Capital invested by funds: $187M → $198M (+$10.4M)

0.52% less ownership

Funds ownership: 34.22%33.7% (-0.52%)

5% less funds holding

Funds holding: 8177 (-4)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

Holders
77
Holders Change
-4
Holders Change %
-4.94%
% of All Funds
2.05%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
4
Increased
26
Reduced
19
Closed
8
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
$28M
JP Morgan Chase
2
JP Morgan Chase
New York
$18.5M -$932K -66,801 -5%
Morgan Stanley
3
Morgan Stanley
New York
$17.7M +$508K +36,446 +3%
Bank of America
4
Bank of America
North Carolina
$17.2M +$4.13M +296,319 +32%
Invesco
5
Invesco
Georgia
$13.4M +$197K +14,095 +2%
BAM
6
Burgundy Asset Management
Ontario, Canada
$11M
RCA
7
Restructuring Capital Associates
Connecticut
$10.4M
GC
8
Guggenheim Capital
Illinois
$7.81M +$856K +61,377 +13%
MHIC
9
Marble Harbor Investment Counsel
Massachusetts
$6.81M +$380K +27,246 +6%
WCMNY
10
Westchester Capital Management (New York)
New York
$6.16M +$711K +50,990 +13%
KLI
11
Kelman-Lazarov Inc
Tennessee
$5.58M +$525K +37,648 +11%
Loomis, Sayles & Company
12
Loomis, Sayles & Company
Massachusetts
$5.44M
SAM
13
Symphony Asset Management
California
$5.02M
FWIA
14
Fort Washington Investment Advisors
Ohio
$3.84M
UBS Group
15
UBS Group
Switzerland
$3.65M -$227K -16,295 -6%
YMRC
16
Yorktown Management & Research Company
Virginia
$3.3M -$1.08M -77,400 -25%
TAF
17
Tredje AP-fonden
Sweden
$3.04M +$645K +46,238 New
RPA
18
Rock Point Advisors
Vermont
$2.63M -$1.27M -90,753 -33%
BCC
19
Bain Capital Credit
Massachusetts
$2.4M +$2.36M +168,881 New
CS
20
Credit Suisse
Switzerland
$1.72M
PCP
21
Proficio Capital Partners
Massachusetts
$1.61M +$49.1K +3,520 +3%
CS
22
Comerica Securities
Michigan
$1.54M +$151K +10,844 +11%
AAM
23
Advisors Asset Management
Colorado
$1.46M +$1.19M +84,974 +482%
UCFA
24
United Capital Financial Advisors
Texas
$1.43M -$1.6M -115,001 -53%
LPL Financial
25
LPL Financial
California
$1.38M +$56.3K +4,040 +4%

EFT Hedge Fund Activity: Q3 2016 in Review

77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q3 2016, worth a combined $198M — up 5.6% from $187M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of EFT and 4 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 26 added.

The largest buyer was Bank of America, adding an estimated $4.13M. The largest seller was Zuckerman Investment Group, exiting entirely with an estimated $4.37M sold.

  • 77 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q3 2016, down from 81 in Q2 2016.
  • Funds reported $198M of Eaton Vance Floating-Rate Income Trust stock for Q3 2016, up 5.6% quarter-over-quarter.
  • 4 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q3 2016 and 8 closed out, a net change of -4 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q3 2016 was Bank of America, an estimated $4.13M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q3 2016 was Zuckerman Investment Group, an estimated $4.37M sold.

Based on aggregated 13F filings for Q3 2016.