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EIM

Eaton Vance Municipal Bond Fund

115 hedge funds and large institutions have $298M invested in Eaton Vance Municipal Bond Fund in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 42 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

2% more funds holding

Funds holding: 113115 (+2)

1.36% more ownership

Funds ownership: 29.2%30.56% (+1.4%)

7% less capital invested

Capital invested by funds: $322M → $298M (-$23.9M)

36% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 42

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
115
Holders Change
+2
Holders Change %
+1.77%
% of All Funds
2.27%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
16
Increased
27
Reduced
42
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$113M -$20.3M -1,580,093 -15%
Wells Fargo
2
Wells Fargo
California
$23.4M -$3.31M -257,191 -12%
RVPG
3
Relative Value Partners Group
$19.2M -$2.2M -170,992 -10%
RCM
4
Rivernorth Capital Management
Florida
$16.3M -$2.29M -177,847 -12%
PPA
5
Parametric Portfolio Associates
Washington
$15.3M -$1.08M -84,335 -7%
1CP
6
1607 Capital Partners
Virginia
$12.5M -$1.74M -135,060 -12%
RCM
7
Robinson Capital Management
Michigan
$7.03M -$1.5M -116,611 -18%
VanEck Associates
8
VanEck Associates
New York
$5.35M -$83.4K -6,483 -2%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$5.13M +$123K +9,543 +2%
DWM
10
Dakota Wealth Management
Florida
$4.74M -$706K -54,885 -13%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$4.54M -$811K -63,050 -15%
Morgan Stanley
12
Morgan Stanley
New York
$4.5M +$237K +18,393 +6%
GC
13
Guggenheim Capital
Illinois
$3.77M -$1.47M -114,135 -28%
UBS Group
14
UBS Group
Switzerland
$3.33M +$1.1M +85,165 +49%
OA
15
Oxbow Advisors
Texas
$3.29M +$6.09K +474 +0.2%
RJA
16
Raymond James & Associates
Florida
$3.17M +$30K +2,332 +1%
JWA
17
JFS Wealth Advisors
Pennsylvania
$2.71M +$7.34K +571 +0.3%
AAM
18
Advisors Asset Management
Colorado
$2.7M -$221K -17,156 -8%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$2.69M +$364K +28,300 +16%
FFA
20
First Foundation Advisors
California
$2.65M +$376K +29,277 +17%
Ameriprise
21
Ameriprise
Minnesota
$2.53M -$183K -14,224 -7%
PWP
22
Private Wealth Partners
California
$2.33M -$38.6K -3,000 -2%
Stifel Financial
23
Stifel Financial
Missouri
$1.98M -$279K -21,684 -12%
MFG
24
Merit Financial Group
Georgia
$1.98M +$1.97M +153,508 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$1.87M +$61.3K +4,770 +3%

EIM Hedge Fund Activity: Q4 2019 in Review

115 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q4 2019, worth a combined $298M — down 7.4% from $322M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new EIM positions and 13 closed out — a net gain of 3 holders — while 27 added to existing stakes and 42 trimmed.

The largest buyer was Merit Financial Group, opening a new position worth an estimated $1.97M. The largest seller was Karpus Investment Management, cutting an estimated $20.3M.

  • 115 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q4 2019, up from 113 in Q3 2019.
  • Funds reported $298M of Eaton Vance Municipal Bond Fund stock for Q4 2019, down 7.4% quarter-over-quarter.
  • 16 funds opened new Eaton Vance Municipal Bond Fund positions in Q4 2019 and 13 closed out, a net change of +3 holders.
  • The largest Eaton Vance Municipal Bond Fund buyer in Q4 2019 was Merit Financial Group, an estimated $1.97M added.
  • The largest Eaton Vance Municipal Bond Fund seller in Q4 2019 was Karpus Investment Management, an estimated $20.3M sold.

Based on aggregated 13F filings for Q4 2019.