Eaton Vance Municipal Income Trust
EVN
23 hedge funds and large institutions have $14.8M invested in Eaton Vance Municipal Income Trust in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0.24% less ownership
Funds ownership: 5.17% → 4.93% (-0.24%)
5% less capital invested
Capital invested by funds: $15.5M → $14.8M (-$715K)
4% less funds holding
Funds holding: 24 → 23 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$139K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$36.6K |
| 3 |
VanEck Associates
New York
|
+$6.61K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$3.81K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$200K |
| 2 |
LPL Financial
San Diego,
California
|
-$183K |
| 3 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$154K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$126K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$90.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$326 | +26 | +650% |
|
EVN Hedge Fund Activity: Q3 2014 in Review
23 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q3 2014, worth a combined $14.8M — down 4.6% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EVN and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 4 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $139K. The largest seller was Morgan Stanley, cutting an estimated $200K.
- 23 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q3 2014, down from 24 in Q2 2014.
- Funds reported $14.8M of Eaton Vance Municipal Income Trust stock for Q3 2014, down 4.6% quarter-over-quarter.
- 2 funds opened new Eaton Vance Municipal Income Trust positions in Q3 2014 and 3 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income Trust buyer in Q3 2014 was HighTower Advisors, an estimated $139K added.
- The largest Eaton Vance Municipal Income Trust seller in Q3 2014 was Morgan Stanley, an estimated $200K sold.
Based on aggregated 13F filings for Q3 2014.