Eaton Vance California Municipal Bond Fund
EVM
EVM was delisted on the 24th of October, 2025.
50 hedge funds and large institutions have $109M invested in Eaton Vance California Municipal Bond Fund in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 48 → 50 (+2)
2.35% more ownership
Funds ownership: 47.12% → 49.48% (+2.4%)
1% more capital invested
Capital invested by funds: $108M → $109M (+$1.13M)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.63M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.07M |
| 3 |
LPL Financial
San Diego,
California
|
+$343K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$320K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.51M |
| 2 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
-$665K |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$659K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$436K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$264K |
EVM Hedge Fund Activity: Q2 2025 in Review
50 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Bond Fund (EVM) for Q2 2025, worth a combined $109M — up 1% from $108M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new EVM positions and 3 closed out — a net gain of 2 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $4.63M. The largest seller was Deutsche Bank, cutting an estimated $1.51M.
- 50 institutional investors held Eaton Vance California Municipal Bond Fund (EVM) as of Q2 2025, up from 48 in Q1 2025.
- Funds reported $109M of Eaton Vance California Municipal Bond Fund stock for Q2 2025, up 1% quarter-over-quarter.
- 5 funds opened new Eaton Vance California Municipal Bond Fund positions in Q2 2025 and 3 closed out, a net change of +2 holders.
- The largest Eaton Vance California Municipal Bond Fund buyer in Q2 2025 was Saba Capital Management, an estimated $4.63M added.
- The largest Eaton Vance California Municipal Bond Fund seller in Q2 2025 was Deutsche Bank, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2025.