Eaton Vance Municipal Bond Fund
EIM
68 hedge funds and large institutions have $134M invested in Eaton Vance Municipal Bond Fund in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 10 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
12% more capital invested
Capital invested by funds: $119M → $134M (+$14.5M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1.56% more ownership
Funds ownership: 12.99% → 14.55% (+1.6%)
0% more funds holding
Funds holding: 68 → 68 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$19.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.91M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.34M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.52M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$11.8M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$4.48M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.49M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.35M |
| 5 |
SG Americas Securities
New York
|
-$782K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NPC
76
National Planning Corporation
El Segundo,
California
| – | -$18.4K | -1,415 | Closed |
|
77
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -65 | Closed |
|
EIM Hedge Fund Activity: Q1 2015 in Review
68 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q1 2015, worth a combined $134M — up 12% from $119M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EIM positions and 10 closed out — a net gain of 1 holder — while 25 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $19.8M. The largest seller was AllianceBernstein, exiting entirely with an estimated $11.8M sold.
- 68 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $134M of Eaton Vance Municipal Bond Fund stock for Q1 2015, up 12% quarter-over-quarter.
- 11 funds opened new Eaton Vance Municipal Bond Fund positions in Q1 2015 and 10 closed out, a net change of +1 holder.
- The largest Eaton Vance Municipal Bond Fund buyer in Q1 2015 was Karpus Investment Management, an estimated $19.8M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q1 2015 was AllianceBernstein, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2015.