Eaton Vance Municipal Income Trust
EVN
54 hedge funds and large institutions have $35.8M invested in Eaton Vance Municipal Income Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
2% less funds holding
Funds holding: 55 → 54 (-1)
2.57% less ownership
Funds ownership: 15.17% → 12.6% (-2.6%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
14% less capital invested
Capital invested by funds: $41.6M → $35.8M (-$5.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.86M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$667K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$217K |
| 4 |
M&T Bank
Buffalo,
New York
|
+$177K |
| 5 |
Morgan Stanley
New York
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.98M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.75M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.68M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.46M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$595K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
51
Endurance Wealth Management
Providence,
Rhode Island
| $9K | – | – | – |
|
52
SEI Investments
Oaks,
Pennsylvania
| $7K | – | – | – |
|
|
RFM
53
Royal Fund Management
Lady Lake,
Florida
| $5K | – | – | – |
|
|
GWM
54
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
PCM
55
Prelude Capital Management
New York
| $1K | – | – | – |
|
|
RCM
56
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.98M | -169,147 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.68M | -143,283 | Closed |
|
58
Northern Trust
Chicago,
Illinois
| – | -$9K | -77,000 | Closed |
|
59
Invesco
Atlanta,
Georgia
| – | -$539K | -46,051 | Closed |
|
|
CRC
60
Curi RMB Capital
Chicago,
Illinois
| – | -$431K | -36,816 | Closed |
|
|
6M
61
6 Meridian
Wichita,
Kansas
| – | -$349K | -29,843 | Closed |
|
62
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$220K | -18,794 | Closed |
|
63
Creative Planning
Overland Park,
Kansas
| – | -$149K | -12,700 | Closed |
|
|
IWM
64
IHT Wealth Management
Chicago,
Illinois
| – | -$131K | -11,230 | Closed |
|
EVN Hedge Fund Activity: Q2 2018 in Review
54 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q2 2018, worth a combined $35.8M — down 14% from $41.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EVN and 8 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 15 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.86M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.98M sold.
- 54 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q2 2018, down from 55 in Q1 2018.
- Funds reported $35.8M of Eaton Vance Municipal Income Trust stock for Q2 2018, down 14% quarter-over-quarter.
- 8 funds opened new Eaton Vance Municipal Income Trust positions in Q2 2018 and 9 closed out, a net change of -1 holder.
- The largest Eaton Vance Municipal Income Trust buyer in Q2 2018 was Northwestern Mutual Wealth Management, an estimated $1.86M added.
- The largest Eaton Vance Municipal Income Trust seller in Q2 2018 was Rivernorth Capital Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q2 2018.