Eaton Vance New Jersey Municipal Income Trust
EVJ was delisted on the 22nd of February, 2019.
17 hedge funds and large institutions have $11.7M invested in Eaton Vance New Jersey Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
12% more capital invested
Capital invested by funds: $10.4M → $11.7M (+$1.22M)
15% less funds holding
Funds holding: 20 → 17 (-3)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.63M |
| 2 |
SCM
Saba Capital Management
New York
|
+$493K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$360K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$115K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$290K |
| 2 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$267K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$161K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$143K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$126K |
EVJ Hedge Fund Activity: Q4 2018 in Review
17 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance New Jersey Municipal Income Trust (EVJ) for Q4 2018, worth a combined $11.7M — up 12% from $10.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EVJ and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.63M. The largest seller was Morgan Stanley, cutting an estimated $290K.
- 17 institutional investors held Eaton Vance New Jersey Municipal Income Trust (EVJ) as of Q4 2018, down from 20 in Q3 2018.
- Funds reported $11.7M of Eaton Vance New Jersey Municipal Income Trust stock for Q4 2018, up 12% quarter-over-quarter.
- 1 fund opened new Eaton Vance New Jersey Municipal Income Trust positions in Q4 2018 and 4 closed out, a net change of -3 holders.
- The largest Eaton Vance New Jersey Municipal Income Trust buyer in Q4 2018 was Rivernorth Capital Management, an estimated $1.63M added.
- The largest Eaton Vance New Jersey Municipal Income Trust seller in Q4 2018 was Morgan Stanley, an estimated $290K sold.
Based on aggregated 13F filings for Q4 2018.