Eaton Vance Municipal Income Trust
EVN
32 hedge funds and large institutions have $25.6M invested in Eaton Vance Municipal Income Trust in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 3 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
22% more capital invested
Capital invested by funds: $21M → $25.6M (+$4.59M)
0.99% more ownership
Funds ownership: 6.45% → 7.45% (+0.99%)
3% less funds holding
Funds holding: 33 → 32 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.22M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.52M |
| 3 |
LPL Financial
San Diego,
California
|
+$717K |
| 4 |
VanEck Associates
New York
|
+$112K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$29.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$346K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$261K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$230K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$170K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$98.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SNT
26
Security National Trust
Wheeling,
West Virginia
| $16K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8K | – | – | – |
|
|
CHC
28
City Holding Co
Charleston,
West Virginia
| $5K | – | – | – |
|
29
Citigroup
New York
| $5K | +$4.87K | +345 | New |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | -$2.82K | -200 | -50% |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| $2K | +$2.82K | +200 | New |
|
|
EWM
32
Endurance Wealth Management
Providence,
Rhode Island
| $11 | – | – | – |
|
|
33
SG Americas Securities
New York
| – | -$346K | -25,189 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$230K | -16,732 | Closed |
|
35
Creative Planning
Overland Park,
Kansas
| – | -$9K | -650 | Closed |
|
EVN Hedge Fund Activity: Q1 2016 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q1 2016, worth a combined $25.6M — up 22% from $21M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EVN and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 12 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.22M. The largest seller was SG Americas Securities, exiting entirely with an estimated $346K sold.
- 32 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $25.6M of Eaton Vance Municipal Income Trust stock for Q1 2016, up 22% quarter-over-quarter.
- 2 funds opened new Eaton Vance Municipal Income Trust positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income Trust buyer in Q1 2016 was Guggenheim Capital, an estimated $2.22M added.
- The largest Eaton Vance Municipal Income Trust seller in Q1 2016 was SG Americas Securities, an estimated $346K sold.
Based on aggregated 13F filings for Q1 2016.