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EOT

Eaton Vance National Municipal Opportunities Trust

39 hedge funds and large institutions have $47.8M invested in Eaton Vance National Municipal Opportunities Trust in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

18% more capital invested

Capital invested by funds: $40.5M → $47.8M (+$7.31M)

11% more funds holding

Funds holding: 3539 (+4)

2.83% more ownership

Funds ownership: 14.06%16.89% (+2.8%)

Holders
39
Holders Change
+4
Holders Change %
+11.43%
% of All Funds
1.13%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
9
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$8.46M +$650K +35,213 +8%
Morgan Stanley
2
Morgan Stanley
New York
$6.37M -$504K -27,291 -7%
Wells Fargo
3
Wells Fargo
California
$4.29M +$702K +37,998 +20%
Bank of America
4
Bank of America
North Carolina
$3.51M -$1.92M -103,809 -35%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$3.2M +$97.9K +5,300 +3%
KIM
6
Karpus Investment Management
New York
$2.62M +$2.15M +116,253 +455%
CIA
7
Capital Investment Advisors
Georgia
$2.24M +$2.24M +121,159 New
FIMG
8
Financial & Investment Management Group
Michigan
$1.86M +$1.86M +100,796 New
AAM
9
Advisors Asset Management
Colorado
$1.75M +$1.17M +63,477 +201%
Cohen & Steers
10
Cohen & Steers
New York
$1.46M +$713K +38,630 +95%
GC
11
Guggenheim Capital
Illinois
$1.33M +$323K +17,471 +32%
WA
12
Whitebox Advisors
Minnesota
$1.13M -$1.06M -57,226 -48%
WAM
13
Wolverine Asset Management
Illinois
$1.04M -$278K -15,058 -21%
AQR Capital Management
14
AQR Capital Management
Connecticut
$1.01M +$302K +16,328 +43%
Citigroup
15
Citigroup
New York
$884K -$95.4K -5,167 -10%
U
16
UBS
Switzerland
$627K -$23.3K -1,261 -4%
CCM
17
Coldstream Capital Management
Washington
$494K +$153K +8,301 +45%
DA
18
Doliver Advisors
Texas
$489K +$111K +6,036 +30%
VFS
19
VSR Financial Services
Kansas
$486K -$54.4K -2,943 -10%
COLIM
20
City of London Investment Management
United Kingdom
$476K +$477K +25,800 New
CA
21
Cornerstone Advisors
North Carolina
$435K +$51.6K +2,795 +13%
LPL Financial
22
LPL Financial
California
$426K +$4.06K +220 +1%
PPA
23
Parametric Portfolio Associates
Washington
$371K +$52.3K +2,833 +16%
DI
24
Dalton Investments
Nevada
$367K +$367K +19,859 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$337K +$112K +6,088 +50%

EOT Hedge Fund Activity: Q4 2013 in Review

39 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance National Municipal Opportunities Trust (EOT) for Q4 2013, worth a combined $47.8M — up 18% from $40.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new EOT positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 9 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $2.15M. The largest seller was Bank of America, cutting an estimated $1.92M.

  • 39 institutional investors held Eaton Vance National Municipal Opportunities Trust (EOT) as of Q4 2013, up from 35 in Q3 2013.
  • Funds reported $47.8M of Eaton Vance National Municipal Opportunities Trust stock for Q4 2013, up 18% quarter-over-quarter.
  • 8 funds opened new Eaton Vance National Municipal Opportunities Trust positions in Q4 2013 and 4 closed out, a net change of +4 holders.
  • The largest Eaton Vance National Municipal Opportunities Trust buyer in Q4 2013 was Karpus Investment Management, an estimated $2.15M added.
  • The largest Eaton Vance National Municipal Opportunities Trust seller in Q4 2013 was Bank of America, an estimated $1.92M sold.

Based on aggregated 13F filings for Q4 2013.