Eaton Vance Municipal Income Trust
EVN
28 hedge funds and large institutions have $19.1M invested in Eaton Vance Municipal Income Trust in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
14% more capital invested
Capital invested by funds: $16.8M → $19.1M (+$2.28M)
0.51% more ownership
Funds ownership: 5.3% → 5.81% (+0.51%)
13% less funds holding
Funds holding: 32 → 28 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Pinnacle Associates
New York
|
+$1.55M |
| 2 |
LSA
Liberty Street Advisors
New York
|
+$1.06M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$877K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$455K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$1.77M |
| 2 |
Morgan Stanley
New York
|
-$243K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$241K |
| 4 |
SFM
Signet Financial Management
Parsippany,
New Jersey
|
-$141K |
| 5 |
HK
Horizon Kinetics
New York
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $7K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $7K | +$7.16K | +525 | New |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | – | – | – |
|
|
SFM
29
Signet Financial Management
Parsippany,
New Jersey
| – | -$141K | -10,504 | Closed |
|
30
SG Americas Securities
New York
| – | -$105K | -7,835 | Closed |
|
|
NPC
31
National Planning Corporation
El Segundo,
California
| – | -$88.3K | -6,400 | Closed |
|
|
BRWA
32
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$7 | -500 | Closed |
|
|
WA
33
WFG Advisors
Dallas,
Texas
| – | -$7K | -500 | Closed |
|
EVN Hedge Fund Activity: Q1 2015 in Review
28 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q1 2015, worth a combined $19.1M — up 14% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EVN and 3 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 12 added.
The largest buyer was Pinnacle Associates, opening a new position worth an estimated $1.55M. The largest seller was Ashford Capital Management, cutting an estimated $1.77M.
- 28 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q1 2015, down from 32 in Q4 2014.
- Funds reported $19.1M of Eaton Vance Municipal Income Trust stock for Q1 2015, up 14% quarter-over-quarter.
- 3 funds opened new Eaton Vance Municipal Income Trust positions in Q1 2015 and 7 closed out, a net change of -4 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q1 2015 was Pinnacle Associates, an estimated $1.55M added.
- The largest Eaton Vance Municipal Income Trust seller in Q1 2015 was Ashford Capital Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2015.