Eaton Vance Municipal Income Trust
EVN
24 hedge funds and large institutions have $13.2M invested in Eaton Vance Municipal Income Trust in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
3.03% less ownership
Funds ownership: 8.29% → 5.26% (-3%)
17% less funds holding
Funds holding: 29 → 24 (-5)
43% less capital invested
Capital invested by funds: $23.2M → $13.2M (-$10M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.25M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$113K |
| 3 |
Barclays
London,
United Kingdom
|
+$48.4K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$20.2K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$9.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$8.34M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$225K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$146K |
| 4 |
HK
Horizon Kinetics
New York
|
-$110K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$66.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$25K | -2,000 | Closed |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$24K | -2,000 | Closed |
|
28
Citigroup
New York
| – | -$18K | -1,475 | Closed |
|
|
RFA
29
Reilly Financial Advisors
La Mesa,
California
| – | -$4K | -309 | Closed |
|
|
NES
30
New England Securities
New York
| – | -$3K | -225 | Closed |
|
EVN Hedge Fund Activity: Q3 2013 in Review
24 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q3 2013, worth a combined $13.2M — down 43% from $23.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EVN and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $1.25M. The largest seller was LPL Financial, cutting an estimated $8.34M.
- 24 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q3 2013, down from 29 in Q2 2013.
- Funds reported $13.2M of Eaton Vance Municipal Income Trust stock for Q3 2013, down 43% quarter-over-quarter.
- 1 fund opened new Eaton Vance Municipal Income Trust positions in Q3 2013 and 6 closed out, a net change of -5 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q3 2013 was Morgan Stanley, an estimated $1.25M added.
- The largest Eaton Vance Municipal Income Trust seller in Q3 2013 was LPL Financial, an estimated $8.34M sold.
Based on aggregated 13F filings for Q3 2013.