Eaton Vance National Municipal Opportunities Trust
EOT
33 hedge funds and large institutions have $48.7M invested in Eaton Vance National Municipal Opportunities Trust in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 5 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
1.65% less ownership
Funds ownership: 15.29% → 13.64% (-1.6%)
8% less funds holding
Funds holding: 36 → 33 (-3)
10% less capital invested
Capital invested by funds: $54M → $48.7M (-$5.26M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$395K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$334K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$303K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$294K |
| 5 |
Morgan Stanley
New York
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$4.68M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$808K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$511K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$329K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $89K | – | – | – |
|
|
PFO
27
Pathstone Family Office
Englewood,
New Jersey
| $65K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $55K | – | – | – |
|
|
JGIA
29
Jackson Grant Investment Advisers
Stamford,
Connecticut
| $48K | +$507 | +22 | +1% |
|
|
FNBT
30
FineMark National Bank & Trust
Fort Myers,
Florida
| $40K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $19K | +$2.3K | +100 | +14% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | +$92 | +4 | +1% |
|
33
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$1.54K | +67 | +143% |
|
|
MSL
34
Mackay Shields LLC
New York
| – | -$4.68M | -203,299 | Closed |
|
|
CRC
35
Curi RMB Capital
Chicago,
Illinois
| – | -$329K | -14,282 | Closed |
|
36
William Blair & Company
Chicago,
Illinois
| – | -$217K | -9,400 | Closed |
|
37
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$211K | -9,140 | Closed |
|
38
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$24K | -1,049 | Closed |
|
EOT Hedge Fund Activity: Q3 2016 in Review
33 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance National Municipal Opportunities Trust (EOT) for Q3 2016, worth a combined $48.7M — down 9.7% from $54M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EOT and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 18 added.
The largest buyer was Bank of America, adding an estimated $395K. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $4.68M sold.
- 33 institutional investors held Eaton Vance National Municipal Opportunities Trust (EOT) as of Q3 2016, down from 36 in Q2 2016.
- Funds reported $48.7M of Eaton Vance National Municipal Opportunities Trust stock for Q3 2016, down 9.7% quarter-over-quarter.
- 3 funds opened new Eaton Vance National Municipal Opportunities Trust positions in Q3 2016 and 5 closed out, a net change of -2 holders.
- The largest Eaton Vance National Municipal Opportunities Trust buyer in Q3 2016 was Bank of America, an estimated $395K added.
- The largest Eaton Vance National Municipal Opportunities Trust seller in Q3 2016 was Mackay Shields LLC, an estimated $4.68M sold.
Based on aggregated 13F filings for Q3 2016.