Eaton Vance California Municipal Bond Fund
EVM
EVM was delisted on the 24th of October, 2025.
51 hedge funds and large institutions have $106M invested in Eaton Vance California Municipal Bond Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
33% more capital invested
Capital invested by funds: $80M → $106M (+$26.5M)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
7.24% more ownership
Funds ownership: 39.93% → 47.16% (+7.2%)
4% more funds holding
Funds holding: 49 → 51 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$11.2M |
| 2 |
SCM
Saba Capital Management
New York
|
+$5.42M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.21M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$963K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.31M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.62M |
| 3 |
EW
Evoke Wealth
Los Angeles,
California
|
-$831K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$534K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$513K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SA
51
Scarborough Advisors
Annapolis,
Maryland
| $45 | +$42 | +5 | New |
|
|
52
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$3.31M | -407,630 | Closed |
|
|
KIM
53
Karpus Investment Management
Pittsford,
New York
| – | -$1.62M | -200,117 | Closed |
|
|
EW
54
Evoke Wealth
Los Angeles,
California
| – | -$831K | -102,360 | Closed |
|
|
DWM
55
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$534K | -65,761 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$253K | -25,254 | Closed |
|
|
SW
57
SteelPeak Wealth
Woodland Hills,
California
| – | -$140K | -17,194 | Closed |
|
|
UB
58
UMB Bank
Kansas City,
Missouri
| – | -$15K | -1,852 | Closed |
|
EVM Hedge Fund Activity: Q4 2023 in Review
51 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Bond Fund (EVM) for Q4 2023, worth a combined $106M — up 33% from $80M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EVM positions and 7 closed out — a net gain of 2 holders — while 22 added to existing stakes and 11 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $11.2M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.31M sold.
- 51 institutional investors held Eaton Vance California Municipal Bond Fund (EVM) as of Q4 2023, up from 49 in Q3 2023.
- Funds reported $106M of Eaton Vance California Municipal Bond Fund stock for Q4 2023, up 33% quarter-over-quarter.
- 9 funds opened new Eaton Vance California Municipal Bond Fund positions in Q4 2023 and 7 closed out, a net change of +2 holders.
- The largest Eaton Vance California Municipal Bond Fund buyer in Q4 2023 was Sit Investment Associates, an estimated $11.2M added.
- The largest Eaton Vance California Municipal Bond Fund seller in Q4 2023 was Fiera Capital (Canada), an estimated $3.31M sold.
Based on aggregated 13F filings for Q4 2023.