Eaton Vance New Jersey Municipal Income Trust
EVJ was delisted on the 22nd of February, 2019.
12 hedge funds and large institutions have $5.57M invested in Eaton Vance New Jersey Municipal Income Trust in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
14% more capital invested
Capital invested by funds: $4.88M → $5.57M (+$689K)
14% less funds holding
Funds holding: 14 → 12 (-2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$668K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$99.7K |
| 3 |
Morgan Stanley
New York
|
+$96.8K |
| 4 |
MRCM
M&R Capital Management
Summit,
New Jersey
|
+$13.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$236K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$205K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$77K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
1
Advisors Asset Management
Monument,
Colorado
| $2.17M | +$668K | +48,386 | +47% |
|
|
GC
2
Guggenheim Capital
Chicago,
Illinois
| $2.05M | +$99.7K | +7,220 | +5% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $753K | -$7.22K | -523 | -1% |
|
|
4
Morgan Stanley
New York
| $264K | +$96.8K | +7,007 | +61% |
|
5
Wells Fargo
San Francisco,
California
| $140K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $55K | -$22.8K | -1,653 | -30% |
|
|
NFG
7
Next Financial Group
Houston,
Texas
| $55K | – | – | – |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $39K | – | – | – |
|
9
Citigroup
New York
| $15K | -$1.99K | -144 | -12% |
|
10
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $14K | – | – | – |
|
|
MRCM
11
M&R Capital Management
Summit,
New Jersey
| $14K | +$13.8K | +1,000 | New |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $8K | -$649 | -47 | -8% |
|
|
13
LPL Financial
San Diego,
California
| – | -$236K | -17,600 | Closed |
|
|
KIM
14
Karpus Investment Management
Pittsford,
New York
| – | -$205K | -15,370 | Closed |
|
|
WAM
15
Wolverine Asset Management
Chicago,
Illinois
| – | -$77K | -5,803 | Closed |
|
EVJ Hedge Fund Activity: Q2 2016 in Review
12 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance New Jersey Municipal Income Trust (EVJ) for Q2 2016, worth a combined $5.57M — up 14% from $4.88M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EVJ and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Advisors Asset Management, adding an estimated $668K. The largest seller was LPL Financial, exiting entirely with an estimated $236K sold.
- 12 institutional investors held Eaton Vance New Jersey Municipal Income Trust (EVJ) as of Q2 2016, down from 14 in Q1 2016.
- Funds reported $5.57M of Eaton Vance New Jersey Municipal Income Trust stock for Q2 2016, up 14% quarter-over-quarter.
- 1 fund opened new Eaton Vance New Jersey Municipal Income Trust positions in Q2 2016 and 3 closed out, a net change of -2 holders.
- The largest Eaton Vance New Jersey Municipal Income Trust buyer in Q2 2016 was Advisors Asset Management, an estimated $668K added.
- The largest Eaton Vance New Jersey Municipal Income Trust seller in Q2 2016 was LPL Financial, an estimated $236K sold.
Based on aggregated 13F filings for Q2 2016.