Eaton Vance Municipal Income Trust
EVN
86 hedge funds and large institutions have $89.7M invested in Eaton Vance Municipal Income Trust in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
9% more funds holding
Funds holding: 79 → 86 (+7)
2% less capital invested
Capital invested by funds: $91.7M → $89.7M (-$2.02M)
1.14% less ownership
Funds ownership: 18.05% → 16.9% (-1.1%)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.89M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$929K |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$7.52M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.56M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.31M |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
-$530K |
| 5 |
VanEck Associates
New York
|
-$314K |
EVN Hedge Fund Activity: Q4 2020 in Review
86 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q4 2020, worth a combined $89.7M — down 2.2% from $91.7M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EVN positions and 7 closed out — a net gain of 8 holders — while 22 added to existing stakes and 27 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $2.89M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $7.52M sold.
- 86 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q4 2020, up from 79 in Q3 2020.
- Funds reported $89.7M of Eaton Vance Municipal Income Trust stock for Q4 2020, down 2.2% quarter-over-quarter.
- 15 funds opened new Eaton Vance Municipal Income Trust positions in Q4 2020 and 7 closed out, a net change of +8 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q4 2020 was Kestra Advisory Services, an estimated $2.89M added.
- The largest Eaton Vance Municipal Income Trust seller in Q4 2020 was Robinson Capital Management, an estimated $7.52M sold.
Based on aggregated 13F filings for Q4 2020.