Eaton Vance National Municipal Opportunities Trust
EOT
35 hedge funds and large institutions have $40.5M invested in Eaton Vance National Municipal Opportunities Trust in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
35% more funds holding
Funds holding: 26 → 35 (+9)
21% more capital invested
Capital invested by funds: $33.4M → $40.5M (+$7.08M)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3.02% more ownership
Funds ownership: 11.04% → 14.06% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$2.18M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.88M |
| 3 |
Morgan Stanley
New York
|
+$1.61M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.59M |
| 5 |
Cohen & Steers
New York
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.21M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$939K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$361K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$218K |
| 5 |
Citigroup
New York
|
-$99.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PRCM
26
Pine River Capital Management
Minnetonka,
Minnesota
| $188K | – | – | – |
|
|
AIG
27
American International Group
New York
| $102K | – | – | – |
|
|
PFO
28
Pathstone Family Office
Englewood,
New Jersey
| $80K | +$80.8K | +4,372 | New |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $65K | +$37K | +2,000 | +133% |
|
30
Ameriprise
Minneapolis,
Minnesota
| $40K | +$23.1K | +1,247 | +145% |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $38K | – | – | – |
|
|
FNBT
32
FineMark National Bank & Trust
Fort Myers,
Florida
| $33K | – | – | – |
|
33
Creative Planning
Overland Park,
Kansas
| $9K | -$27.7K | -1,500 | -75% |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $2K | -$8.28K | -448 | -82% |
|
|
TC
35
TFS Capital
West Chester,
Pennsylvania
| – | -$939K | -47,587 | Closed |
|
|
MFS
36
MSI Financial Services
Springfield,
Massachusetts
| – | -$20K | -1,000 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -300 | Closed |
|
38
Nomura Holdings
Tokyo,
Japan
| – | +$407 | +22 | New |
|
EOT Hedge Fund Activity: Q3 2013 in Review
35 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance National Municipal Opportunities Trust (EOT) for Q3 2013, worth a combined $40.5M — up 21% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new EOT positions and 3 closed out — a net gain of 9 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Whitebox Advisors, opening a new position worth an estimated $2.18M. The largest seller was Invesco, cutting an estimated $2.21M.
- 35 institutional investors held Eaton Vance National Municipal Opportunities Trust (EOT) as of Q3 2013, up from 26 in Q2 2013.
- Funds reported $40.5M of Eaton Vance National Municipal Opportunities Trust stock for Q3 2013, up 21% quarter-over-quarter.
- 12 funds opened new Eaton Vance National Municipal Opportunities Trust positions in Q3 2013 and 3 closed out, a net change of +9 holders.
- The largest Eaton Vance National Municipal Opportunities Trust buyer in Q3 2013 was Whitebox Advisors, an estimated $2.18M added.
- The largest Eaton Vance National Municipal Opportunities Trust seller in Q3 2013 was Invesco, an estimated $2.21M sold.
Based on aggregated 13F filings for Q3 2013.