Eaton Vance Municipal Income Trust
EVN
24 hedge funds and large institutions have $15.5M invested in Eaton Vance Municipal Income Trust in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
9% more capital invested
Capital invested by funds: $14.3M → $15.5M (+$1.26M)
0.07% more ownership
Funds ownership: 5.1% → 5.17% (+0.07%)
11% less funds holding
Funds holding: 27 → 24 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$842K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$271K |
| 3 |
WFG
Wills Financial Group
Richmond,
Virginia
|
+$254K |
| 4 |
VanEck Associates
New York
|
+$26K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$587K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$201K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$128K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$67.5K |
| 5 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
26
Reilly Financial Advisors
La Mesa,
California
| – | -$54K | -4,558 | Closed |
|
27
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$11K | -892 | Closed |
|
28
Citigroup
New York
| – | -$9K | -738 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$50 | +4 | New |
|
EVN Hedge Fund Activity: Q2 2014 in Review
24 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q2 2014, worth a combined $15.5M — up 8.8% from $14.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EVN and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $842K. The largest seller was LPL Financial, cutting an estimated $587K.
- 24 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q2 2014, down from 27 in Q1 2014.
- Funds reported $15.5M of Eaton Vance Municipal Income Trust stock for Q2 2014, up 8.8% quarter-over-quarter.
- 2 funds opened new Eaton Vance Municipal Income Trust positions in Q2 2014 and 5 closed out, a net change of -3 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q2 2014 was Morgan Stanley, an estimated $842K added.
- The largest Eaton Vance Municipal Income Trust seller in Q2 2014 was LPL Financial, an estimated $587K sold.
Based on aggregated 13F filings for Q2 2014.