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EFT

Eaton Vance Floating-Rate Income Trust

95 hedge funds and large institutions have $126M invested in Eaton Vance Floating-Rate Income Trust in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 7

4% more funds holding

Funds holding: 9195 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $129M → $126M (-$2.88M)

2.56% less ownership

Funds ownership: 40.58%38.02% (-2.6%)

28% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 32

Holders
95
Holders Change
+4
Holders Change %
+4.4%
% of All Funds
1.51%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
23
Reduced
32
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$20.1M +$1.63M +139,716 +9%
Morgan Stanley
2
Morgan Stanley
New York
$15.4M -$278K -23,859 -2%
RJA
3
Raymond James & Associates
Florida
$8.71M +$1.11M +95,393 +14%
MHIC
4
Marble Harbor Investment Counsel
Massachusetts
$6.92M +$661K +56,700 +10%
RCG
5
Rock Creek Group
District of Columbia
$6.4M -$9.03M -774,834 -54%
GC
6
Guggenheim Capital
Illinois
$6.32M -$112K -9,576 -2%
Invesco
7
Invesco
Georgia
$6.14M -$74.2K -6,369 -1%
KIG
8
Kennedy Investment Group
New Jersey
$4.93M +$92.3K +7,919 +2%
OCM
9
Oaktree Capital Management
California
$4.82M
1CP
10
1607 Capital Partners
Virginia
$3.11M
UBS Group
11
UBS Group
Switzerland
$2.81M -$266K -22,841 -9%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2.54M -$29.4K -2,525 -1%
AAM
13
Advisors Asset Management
Colorado
$2.32M +$700K +60,077 +42%
SFS
14
Shaker Financial Services
Virginia
$2.11M +$230K +19,693 +12%
RCM
15
Rivernorth Capital Management
Florida
$2.01M -$811K -69,595 -29%
Cohen & Steers
16
Cohen & Steers
New York
$2M +$233K +20,000 +13%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$1.76M -$273K -23,459 -13%
LPL Financial
18
LPL Financial
California
$1.51M -$116K -9,979 -7%
AWM
19
Apollon Wealth Management
South Carolina
$1.5M +$8.94K +767 +0.6%
GA
20
GraniteShares Advisors
New York
$1.46M +$1.48M +126,703 New
SIA
21
Sit Investment Associates
Minnesota
$1.24M
Truist Financial
22
Truist Financial
North Carolina
$1.15M +$1.89K +162 +0.2%
NCM
23
Next Capital Management
New York
$1.07M
PAS
24
Park Avenue Securities
New York
$1.07M -$89.3K -7,663 -8%
RFC
25
Regions Financial Corp
Alabama
$1.04M

EFT Hedge Fund Activity: Q1 2023 in Review

95 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q1 2023, worth a combined $126M — down 2.2% from $129M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new EFT positions and 7 closed out — a net gain of 5 holders — while 23 added to existing stakes and 32 trimmed.

The largest buyer was Bank of America, adding an estimated $1.63M. The largest seller was Rock Creek Group, cutting an estimated $9.03M.

  • 95 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q1 2023, up from 91 in Q4 2022.
  • Funds reported $126M of Eaton Vance Floating-Rate Income Trust stock for Q1 2023, down 2.2% quarter-over-quarter.
  • 12 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q1 2023 and 7 closed out, a net change of +5 holders.
  • The largest Eaton Vance Floating-Rate Income Trust buyer in Q1 2023 was Bank of America, an estimated $1.63M added.
  • The largest Eaton Vance Floating-Rate Income Trust seller in Q1 2023 was Rock Creek Group, an estimated $9.03M sold.

Based on aggregated 13F filings for Q1 2023.