Eaton Vance Municipal Income Trust
EVN
33 hedge funds and large institutions have $12.6M invested in Eaton Vance Municipal Income Trust in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
38% more funds holding
Funds holding: 24 → 33 (+9)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.02% less ownership
Funds ownership: 5.26% → 5.24% (-0.02%)
5% less capital invested
Capital invested by funds: $13.2M → $12.6M (-$635K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$1.74M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$356K |
| 3 |
SG Americas Securities
New York
|
+$211K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$163K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.79M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$778K |
| 3 |
Morgan Stanley
New York
|
-$418K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$194K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $30K | +$30.8K | +2,857 | New |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $29K | +$10.8K | +1,000 | +56% |
|
|
SNT
28
Security National Trust
Wheeling,
West Virginia
| $12K | – | – | – |
|
29
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $9K | +$9.62K | +892 | New |
|
|
TFA
30
Transamerica Financial Advisors
St. Petersburg,
Florida
| $6K | -$12.5K | -1,156 | -69% |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| $6K | -$3.23K | -300 | -36% |
|
32
Nomura Holdings
Tokyo,
Japan
| $1K | +$1.08K | +100 | New |
|
|
33
Creative Planning
Overland Park,
Kansas
| – | -$778K | -70,365 | Closed |
|
|
RCM
34
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$194K | -17,600 | Closed |
|
|
PP
35
Paloma Partners
Greenwich,
Connecticut
| – | -$114K | -10,338 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$25K | -2,270 | Closed |
|
|
TCM
37
Tradewinds Capital Management
Bellingham,
Washington
| – | +$22 | +2 | New |
|
EVN Hedge Fund Activity: Q4 2013 in Review
33 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q4 2013, worth a combined $12.6M — down 4.8% from $13.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EVN positions and 4 closed out — a net gain of 9 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Ashford Capital Management, opening a new position worth an estimated $1.74M. The largest seller was LPL Financial, cutting an estimated $1.79M.
- 33 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q4 2013, up from 24 in Q3 2013.
- Funds reported $12.6M of Eaton Vance Municipal Income Trust stock for Q4 2013, down 4.8% quarter-over-quarter.
- 13 funds opened new Eaton Vance Municipal Income Trust positions in Q4 2013 and 4 closed out, a net change of +9 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q4 2013 was Ashford Capital Management, an estimated $1.74M added.
- The largest Eaton Vance Municipal Income Trust seller in Q4 2013 was LPL Financial, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2013.