Eaton Vance Municipal Bond Fund
EIM
112 hedge funds and large institutions have $392M invested in Eaton Vance Municipal Bond Fund in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 55 increasing their positions, 6 reducing their positions, and 16 closing their positions.
817% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 6
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
52% more capital invested
Capital invested by funds: $258M → $392M (+$134M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more funds holding
Funds holding: 99 → 112 (+13)
3.52% more ownership
Funds ownership: 31.73% → 35.25% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$34.1M |
| 2 |
JP Morgan Chase
New York
|
+$14.2M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$6.89M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$6.75M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.06M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$844K |
| 4 |
G
GenTrust
Miami,
Florida
|
-$793K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
126
IFP Advisors
Tampa,
Florida
| – | -$5K | -450 | Closed |
|
127
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4.7K | -399 | -95% |
|
128
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | +100% |
|
|
LWM
129
Liberty Wealth Management
Oakland,
California
| – | +$612 | +52 | New |
|
EIM Hedge Fund Activity: Q1 2019 in Review
112 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q1 2019, worth a combined $392M — up 52% from $258M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new EIM positions and 16 closed out — a net gain of 14 holders — while 55 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $34.1M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2M sold.
- 112 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q1 2019, up from 99 in Q4 2018.
- Funds reported $392M of Eaton Vance Municipal Bond Fund stock for Q1 2019, up 52% quarter-over-quarter.
- 30 funds opened new Eaton Vance Municipal Bond Fund positions in Q1 2019 and 16 closed out, a net change of +14 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q1 2019 was Karpus Investment Management, an estimated $34.1M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q1 2019 was Susquehanna International Group, an estimated $2M sold.
Based on aggregated 13F filings for Q1 2019.