Eaton Vance Municipal Bond Fund
EIM
111 hedge funds and large institutions have $326M invested in Eaton Vance Municipal Bond Fund in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 19 closing their positions.
6% more capital invested
Capital invested by funds: $308M → $326M (+$18.6M)
1.3% more ownership
Funds ownership: 32.56% → 33.87% (+1.3%)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 121 → 111 (-10)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.61M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$4.68M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.56M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$2.49M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$3.12M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$1.34M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.28M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$940K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$825K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
126
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$5K | -400 | Closed |
|
|
KFI
127
Key Financial Inc
West Chester,
Pennsylvania
| – | -$5K | -400 | Closed |
|
128
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -366 | Closed |
|
|
NFG
129
Next Financial Group
Houston,
Texas
| – | -$4K | -320 | Closed |
|
|
RCM
130
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$3K | -225 | Closed |
|
EIM Hedge Fund Activity: Q2 2020 in Review
111 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q2 2020, worth a combined $326M — up 6% from $308M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of EIM and 9 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was Karpus Investment Management, adding an estimated $5.61M. The largest seller was Oxbow Advisors, exiting entirely with an estimated $3.12M sold.
- 111 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q2 2020, down from 121 in Q1 2020.
- Funds reported $326M of Eaton Vance Municipal Bond Fund stock for Q2 2020, up 6% quarter-over-quarter.
- 9 funds opened new Eaton Vance Municipal Bond Fund positions in Q2 2020 and 19 closed out, a net change of -10 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q2 2020 was Karpus Investment Management, an estimated $5.61M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q2 2020 was Oxbow Advisors, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2020.