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EIM

Eaton Vance Municipal Bond Fund

68 hedge funds and large institutions have $119M invested in Eaton Vance Municipal Bond Fund in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 11

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

14% more capital invested

Capital invested by funds: $105M → $119M (+$14.5M)

8% more funds holding

Funds holding: 6368 (+5)

1.33% more ownership

Funds ownership: 11.65%12.99% (+1.3%)

Holders
68
Holders Change
+5
Holders Change %
+7.94%
% of All Funds
1.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
29
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$18.6M +$3.58M +282,392 +24%
AllianceBernstein
2
AllianceBernstein
Tennessee
$11.8M -$127K -10,000 -1%
OHA
3
Oak Hill Advisors
New York
$10.4M
Wells Fargo
4
Wells Fargo
California
$8.51M +$478K +37,693 +6%
Invesco
5
Invesco
Georgia
$7.33M +$4.12K +325 +0.1%
BTS
6
BB&T Securities
Virginia
$6.08M +$28.1K +2,218 +5%
Deutsche Bank
7
Deutsche Bank
Germany
$5.82M +$1.69M +132,975 +41%
UBS Group
8
UBS Group
Switzerland
$5.63M +$5.56M +438,426 New
1CP
9
1607 Capital Partners
Virginia
$5.09M +$1.01M +79,401 +25%
Morgan Stanley
10
Morgan Stanley
New York
$4.75M +$267K +21,072 +6%
GC
11
Guggenheim Capital
Illinois
$3.05M +$602K +47,410 +25%
MIG
12
Mariner Investment Group
New York
$2.92M +$1.26M +99,029 +77%
Bank of America
13
Bank of America
North Carolina
$2.14M +$39.1K +3,083 +2%
RJA
14
Raymond James & Associates
Florida
$2.14M +$18.9K +1,491 +0.9%
Cohen & Steers
15
Cohen & Steers
New York
$2.01M -$1.04M -82,040 -34%
Stifel Financial
16
Stifel Financial
Missouri
$1.89M +$115K +9,046 +7%
PPA
17
Parametric Portfolio Associates
Washington
$1.74M +$18.4K +1,447 +1%
AAM
18
Advisors Asset Management
Colorado
$1.6M +$449K +35,376 +39%
LPL Financial
19
LPL Financial
California
$1.58M +$98.3K +7,745 +7%
AQR Capital Management
20
AQR Capital Management
Connecticut
$1.35M +$412K +32,470 +45%
DLG
21
Daniel L. Goodwin
$1.07M +$1.05M +83,065 New
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$1.06M +$124K +9,800 +14%
Citigroup
23
Citigroup
New York
$977K -$40.2K -3,168 -4%
VanEck Associates
24
VanEck Associates
New York
$912K +$71.6K +5,644 +9%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$785K -$51.9K -4,094 -6%

EIM Hedge Fund Activity: Q4 2014 in Review

68 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q4 2014, worth a combined $119M — up 14% from $105M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new EIM positions and 5 closed out — a net gain of 7 holders — while 29 added to existing stakes and 11 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $3.58M. The largest seller was Cohen & Steers, cutting an estimated $1.04M.

  • 68 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q4 2014, up from 63 in Q3 2014.
  • Funds reported $119M of Eaton Vance Municipal Bond Fund stock for Q4 2014, up 14% quarter-over-quarter.
  • 12 funds opened new Eaton Vance Municipal Bond Fund positions in Q4 2014 and 5 closed out, a net change of +7 holders.
  • The largest Eaton Vance Municipal Bond Fund buyer in Q4 2014 was Karpus Investment Management, an estimated $3.58M added.
  • The largest Eaton Vance Municipal Bond Fund seller in Q4 2014 was Cohen & Steers, an estimated $1.04M sold.

Based on aggregated 13F filings for Q4 2014.