We are live on ! Find out more
EFT

Eaton Vance Floating-Rate Income Trust
EFT

86 hedge funds and large institutions have $265M invested in Eaton Vance Floating-Rate Income Trust in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 17

0% less capital invested

Capital invested by funds: $265M → $265M (-$71.7K)

0.99% less ownership

Funds ownership: 46.78% → 45.79% (-0.99%)

7% less funds holding

Funds holding: 92 → 86 (-6)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
86
Holders Change
-6
Holders Change %
-6.52%
% of All Funds
1.5%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
10
Increased
28
Reduced
17
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$23.4M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$3.1M
3
Osaic Holdings
Osaic Holdings
Arizona
+$2.96M
4
GC
Guggenheim Capital
Illinois
+$1.41M
5
CCP
Clough Capital Partners
Massachusetts
+$843K

Top Sellers

Rank Fund Capital Flow
1
LC
Lindbrook Capital
California
-$13.4M
2
BAM
Burgundy Asset Management
Ontario, Canada
-$12.3M
3
EIM
Elliott Investment Management
Florida
-$5.03M
4
NCM
Next Capital Management
New York
-$2.43M
5
RVPG
Relative Value Partners Group
-$2.41M
Name Holding Trade Value Shares
Change 		Change in
Stake
SCM
1
Saba Capital Management
New York
$89.5M – – –
RCM
2
Rivernorth Capital Management
Florida
$23.6M +$23.4M +1,642,306 New
Bank of America
3
Bank of America
North Carolina
$16.1M -$1.84M -129,324 -10%
Morgan Stanley
4
Morgan Stanley
New York
$14.9M +$217K +15,231 +1%
OHA
5
Oak Hill Advisors
New York
$13.7M – – –
RJA
6
Raymond James & Associates
Florida
$9.11M +$727K +51,051 +9%
ISSM
7
Invesco Senior Secured Management
New York
$8.22M – – –
Invesco
8
Invesco
Georgia
$8.2M +$419K +29,392 +5%
MHIC
9
Marble Harbor Investment Counsel
Massachusetts
$7.47M +$187K +13,100 +3%
UBS Group
10
UBS Group
Switzerland
$6.93M -$353K -24,780 -5%
Osaic Holdings
11
Osaic Holdings
Arizona
$5.29M +$2.96M +207,786 +130%
N
12
Nuveen
North Carolina
$5.09M – – –
AFM
13
Andesa Financial Management
Pennsylvania
$4.36M +$119K +8,364 +3%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$4.21M +$3.1M +217,749 +290%
GC
15
Guggenheim Capital
Illinois
$4.03M +$1.41M +99,143 +55%
SIA
16
Sit Investment Associates
Minnesota
$3.33M – – –
IC
17
Intersect Capital
California
$3.17M -$269K -18,917 -8%
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$3.1M +$500K +35,138 +19%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$3.02M +$217K +15,244 +8%
TAF
20
Tredje AP-fonden
Sweden
$3.01M – – –
AAM
21
Advisors Asset Management
Colorado
$2.79M -$375K -26,344 -12%
JP Morgan Chase
22
JP Morgan Chase
New York
$2.17M – – –
Wells Fargo
23
Wells Fargo
California
$1.85M +$326K +22,856 +22%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$1.64M +$469K +32,952 +41%
LPL Financial
25
LPL Financial
California
$1.6M +$3.69K +259 +0.2%
1
2 3 4 5

EFT Hedge Fund Activity: Q2 2021 in Review

86 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q2 2021, worth a combined $265M — down 0.03% from $265M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of EFT and 10 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 28 added.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $23.4M. The largest seller was Lindbrook Capital, cutting an estimated $13.4M.

  • 86 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q2 2021, down from 92 in Q1 2021.
  • Funds reported $265M of Eaton Vance Floating-Rate Income Trust stock for Q2 2021, down 0.03% quarter-over-quarter.
  • 10 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q2 2021 and 16 closed out, a net change of -6 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q2 2021 was Rivernorth Capital Management, an estimated $23.4M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q2 2021 was Lindbrook Capital, an estimated $13.4M sold.

Based on aggregated 13F filings for Q2 2021.