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EIM

Eaton Vance Municipal Bond Fund

132 hedge funds and large institutions have $324M invested in Eaton Vance Municipal Bond Fund in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 30 increasing their positions, 37 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 12

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

24% more capital invested

Capital invested by funds: $262M → $324M (+$62.5M)

13% more funds holding

Funds holding: 117132 (+15)

3.9% more ownership

Funds ownership: 40.61%44.51% (+3.9%)

19% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 37

Holders
132
Holders Change
+15
Holders Change %
+12.82%
% of All Funds
1.92%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
29
Increased
30
Reduced
37
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$105M +$19.9M +2,123,154 +26%
BI
2
Bramshill Investments
Florida
$38.1M +$3.18M +338,263 +10%
RCM
3
Rivernorth Capital Management
Florida
$21.9M -$151K -16,091 -0.7%
SIA
4
Sit Investment Associates
Minnesota
$16.4M -$143K -15,206 -0.9%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$13M +$2.09M +223,036 +21%
GC
6
Guggenheim Capital
Illinois
$11.8M +$436K +46,396 +4%
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$10.7M -$2.07M -220,817 -17%
Wells Fargo
8
Wells Fargo
California
$6.9M -$667K -71,012 -9%
Morgan Stanley
9
Morgan Stanley
New York
$6.31M -$4.45M -473,275 -43%
VanEck Associates
10
VanEck Associates
New York
$5.44M +$657K +69,929 +15%
Pathstone Holdings
11
Pathstone Holdings
New Jersey
$5.35M +$4.96M +527,756 New
LSC
12
Logan Stone Capital
Illinois
$5.17M +$2.7M +287,515 +129%
WANY
13
Wealthspire Advisors (New York)
New York
$4.94M -$130K -13,864 -3%
AAM
14
Advisors Asset Management
Colorado
$4.8M -$1.07M -114,421 -19%
AA
15
AQR Arbitrage
Connecticut
$4.63M +$352K +37,504 +9%
UBS Group
16
UBS Group
Switzerland
$3.91M +$908K +96,709 +33%
DWM
17
Dakota Wealth Management
Florida
$3.89M -$753K -80,177 -17%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$3.7M +$889K +94,673 +35%
RCM
19
Robinson Capital Management
Michigan
$3.57M +$306K +32,566 +10%
Ameriprise
20
Ameriprise
Minnesota
$3.57M +$855K +91,068 +35%
HighTower Advisors
21
HighTower Advisors
Illinois
$3.23M -$47.6K -5,068 -2%
AWA
22
Arete Wealth Advisors
Illinois
$3.1M -$122K -13,000 -4%
RJA
23
Raymond James & Associates
Florida
$2.46M -$672K -71,564 -23%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$1.9M +$24.7K +2,630 +1%
MWM
25
Melfa Wealth Management
Massachusetts
$1.7M +$36.2K +3,859 +2%

EIM Hedge Fund Activity: Q4 2023 in Review

132 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q4 2023, worth a combined $324M — up 24% from $262M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new EIM positions and 12 closed out — a net gain of 17 holders — while 30 added to existing stakes and 37 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $19.9M. The largest seller was Morgan Stanley, cutting an estimated $4.45M.

  • 132 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q4 2023, up from 117 in Q3 2023.
  • Funds reported $324M of Eaton Vance Municipal Bond Fund stock for Q4 2023, up 24% quarter-over-quarter.
  • 29 funds opened new Eaton Vance Municipal Bond Fund positions in Q4 2023 and 12 closed out, a net change of +17 holders.
  • The largest Eaton Vance Municipal Bond Fund buyer in Q4 2023 was Karpus Investment Management, an estimated $19.9M added.
  • The largest Eaton Vance Municipal Bond Fund seller in Q4 2023 was Morgan Stanley, an estimated $4.45M sold.

Based on aggregated 13F filings for Q4 2023.