Eaton Vance Municipal Income Trust
EVN
35 hedge funds and large institutions have $33.3M invested in Eaton Vance Municipal Income Trust in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 3 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
30% more capital invested
Capital invested by funds: $25.6M → $33.3M (+$7.69M)
9% more funds holding
Funds holding: 32 → 35 (+3)
2.08% more ownership
Funds ownership: 7.45% → 9.53% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.93M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.61M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$857K |
| 4 |
Morgan Stanley
New York
|
+$783K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$547K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.06M |
| 2 |
AIG
American International Group
New York
|
-$241K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$227K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$94.7K |
| 5 |
GIA
GHP Investment Advisors
Denver,
Colorado
|
-$18.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $66K | +$832 | +58 | +1% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $54K | – | – | – |
|
|
BAM
28
Brave Asset Management
Summit,
New Jersey
| $45K | – | – | – |
|
|
WA
29
WFG Advisors
Dallas,
Texas
| $41K | +$72 | +5 | +0.2% |
|
|
CCM
30
Cribstone Capital Management
Augusta,
Maine
| $29K | +$28.7K | +2,000 | New |
|
|
EWM
31
Endurance Wealth Management
Providence,
Rhode Island
| $11K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8K | – | – | – |
|
|
CHC
33
City Holding Co
Charleston,
West Virginia
| $5K | – | – | – |
|
|
LTFS
34
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
GWM
35
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
AIG
36
American International Group
New York
| – | -$241K | -16,590 | Closed |
|
|
SNT
37
Security National Trust
Wheeling,
West Virginia
| – | -$16K | -1,097 | Closed |
|
38
Citigroup
New York
| – | -$5K | -345 | Closed |
|
EVN Hedge Fund Activity: Q2 2016 in Review
35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q2 2016, worth a combined $33.3M — up 30% from $25.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EVN positions and 3 closed out — a net gain of 3 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $3.93M. The largest seller was LPL Financial, cutting an estimated $2.06M.
- 35 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q2 2016, up from 32 in Q1 2016.
- Funds reported $33.3M of Eaton Vance Municipal Income Trust stock for Q2 2016, up 30% quarter-over-quarter.
- 6 funds opened new Eaton Vance Municipal Income Trust positions in Q2 2016 and 3 closed out, a net change of +3 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q2 2016 was Guggenheim Capital, an estimated $3.93M added.
- The largest Eaton Vance Municipal Income Trust seller in Q2 2016 was LPL Financial, an estimated $2.06M sold.
Based on aggregated 13F filings for Q2 2016.