Eaton Vance Municipal Bond Fund
EIM
80 hedge funds and large institutions have $182M invested in Eaton Vance Municipal Bond Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
10% more capital invested
Capital invested by funds: $166M → $182M (+$16M)
3.13% more ownership
Funds ownership: 19.4% → 22.53% (+3.1%)
0% more funds holding
Funds holding: 80 → 80 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$15.8M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$5.06M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.65M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.29M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.23M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$729K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$584K |
| 4 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$263K |
| 5 |
Squarepoint
New York
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFSC
76
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| $20K | – | – | – |
|
|
SWM
77
SeaCrest Wealth Management
Purchase,
New York
| $19K | -$23.9K | -1,989 | -56% |
|
|
RFC
78
Regions Financial Corp
Birmingham,
Alabama
| $18K | – | – | – |
|
|
FPF
79
FNY Partners Fund
New York
| $10K | +$10.2K | +848 | New |
|
|
MIM
80
Macroview Investment Management
Bethesda,
Maryland
| $8K | -$48.4K | -4,025 | -86% |
|
|
PA
81
Parallel Advisors
San Francisco,
California
| $3K | – | – | – |
|
|
82
Invesco
Atlanta,
Georgia
| – | -$729K | -58,245 | Closed |
|
|
PAG
83
Private Advisor Group
Morristown,
New Jersey
| – | -$584K | -46,648 | Closed |
|
|
BF
84
BOK Financial
Tulsa,
Oklahoma
| – | -$263K | -21,000 | Closed |
|
|
85
Squarepoint
New York
| – | -$250K | -20,000 | Closed |
|
|
COLIM
86
City of London Investment Management
London,
United Kingdom
| – | -$166K | -13,234 | Closed |
|
87
Bank of New York Mellon
New York
| – | -$148K | -11,831 | Closed |
|
|
EWM
88
Evercore Wealth Management
New York
| – | -$40K | -3,213 | Closed |
|
|
WAM
89
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$28K | -2,250 | Closed |
|
EIM Hedge Fund Activity: Q1 2018 in Review
80 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q1 2018, worth a combined $182M — up 9.6% from $166M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EIM positions and 8 closed out — a net gain of 1 holder — while 28 added to existing stakes and 22 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $15.8M. The largest seller was UBS Group, cutting an estimated $1.23M.
- 80 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $182M of Eaton Vance Municipal Bond Fund stock for Q1 2018, up 9.6% quarter-over-quarter.
- 9 funds opened new Eaton Vance Municipal Bond Fund positions in Q1 2018 and 8 closed out, a net change of +1 holder.
- The largest Eaton Vance Municipal Bond Fund buyer in Q1 2018 was Karpus Investment Management, an estimated $15.8M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q1 2018 was UBS Group, an estimated $1.23M sold.
Based on aggregated 13F filings for Q1 2018.