Eaton Vance Municipal Income Trust
EVN
47 hedge funds and large institutions have $34.1M invested in Eaton Vance Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 11 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.1% less ownership
Funds ownership: 12.6% → 12.5% (-0.1%)
5% less capital invested
Capital invested by funds: $35.8M → $34.1M (-$1.65M)
13% less funds holding
Funds holding: 54 → 47 (-7)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.64M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$896K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$564K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$440K |
| 5 |
SRC
Shufro Rose & Co
New York
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.54M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.42M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$560K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$442K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$219K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
51
Laurion Capital Management
New York
| – | -$219K | -18,493 | Closed |
|
52
M&T Bank
Buffalo,
New York
| – | -$179K | -15,095 | Closed |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$125K | -10,551 | Closed |
|
54
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$124K | -10,447 | Closed |
|
|
CF
55
Centaurus Financial
Anaheim,
California
| – | -$25K | -2,151 | Closed |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$14K | -1,166 | Closed |
|
57
SEI Investments
Oaks,
Pennsylvania
| – | -$7K | -569 | Closed |
|
|
PCM
58
Prelude Capital Management
New York
| – | -$1K | -102 | Closed |
|
EVN Hedge Fund Activity: Q3 2018 in Review
47 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q3 2018, worth a combined $34.1M — down 4.6% from $35.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EVN and 4 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.64M. The largest seller was Robinson Capital Management, cutting an estimated $1.54M.
- 47 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q3 2018, down from 54 in Q2 2018.
- Funds reported $34.1M of Eaton Vance Municipal Income Trust stock for Q3 2018, down 4.6% quarter-over-quarter.
- 4 funds opened new Eaton Vance Municipal Income Trust positions in Q3 2018 and 11 closed out, a net change of -7 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q3 2018 was Northwestern Mutual Wealth Management, an estimated $1.64M added.
- The largest Eaton Vance Municipal Income Trust seller in Q3 2018 was Robinson Capital Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q3 2018.