Eaton Vance Municipal Income Trust
EVN
59 hedge funds and large institutions have $41.2M invested in Eaton Vance Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 3 closing their positions.
667% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 3
51% more funds holding
Funds holding: 39 → 59 (+20)
30% more capital invested
Capital invested by funds: $31.7M → $41.2M (+$9.45M)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
3.74% more ownership
Funds ownership: 10.21% → 13.95% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.36M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.71M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.39M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.26M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$905K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.86M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$290K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$196K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$187K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
51
North Star Investment Management
Chicago,
Illinois
| $48K | +$48.3K | +3,850 | New |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $45K | – | – | – |
|
|
PCM
53
Prelude Capital Management
New York
| $31K | +$31.4K | +2,500 | New |
|
|
KJWM
54
Kiley Juergens Wealth Management
Olympia,
Washington
| $18K | +$18.8K | +1,500 | New |
|
|
AFNAS
55
American Financial Network Advisory Services
Calabasas,
California
| $17K | – | – | – |
|
|
EWM
56
Endurance Wealth Management
Providence,
Rhode Island
| $10K | – | – | – |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $7K | – | – | – |
|
|
RFM
58
Royal Fund Management
Lady Lake,
Florida
| $6K | – | – | – |
|
|
GWM
59
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
60
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
JCM
61
Janney Capital Management
Pittsburgh,
Pennsylvania
| – | -$290K | -22,457 | Closed |
|
|
IA
62
IFP Advisors
Tampa,
Florida
| – | -$187K | -14,413 | Closed |
|
|
NFG
63
Next Financial Group
Houston,
Texas
| – | -$4K | -300 | Closed |
|
EVN Hedge Fund Activity: Q4 2017 in Review
59 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q4 2017, worth a combined $41.2M — up 30% from $31.7M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EVN positions and 3 closed out — a net gain of 20 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $2.36M. The largest seller was Guggenheim Capital, cutting an estimated $1.86M.
- 59 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q4 2017, up from 39 in Q3 2017.
- Funds reported $41.2M of Eaton Vance Municipal Income Trust stock for Q4 2017, up 30% quarter-over-quarter.
- 23 funds opened new Eaton Vance Municipal Income Trust positions in Q4 2017 and 3 closed out, a net change of +20 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q4 2017 was 1607 Capital Partners, an estimated $2.36M added.
- The largest Eaton Vance Municipal Income Trust seller in Q4 2017 was Guggenheim Capital, an estimated $1.86M sold.
Based on aggregated 13F filings for Q4 2017.