Eaton Vance Municipal Income Trust
EVN
72 hedge funds and large institutions have $80.5M invested in Eaton Vance Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 13 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
2% more capital invested
Capital invested by funds: $78.8M → $80.5M (+$1.75M)
0.08% less ownership
Funds ownership: 16.05% → 15.97% (-0.08%)
4% less funds holding
Funds holding: 75 → 72 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.83M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.08M |
| 3 |
VanEck Associates
New York
|
+$759K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$625K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$554K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.87M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.32M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.23M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$770K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$657K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RTS
76
Round Table Services
Westfield,
New Jersey
| – | -$167K | -13,450 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$156K | -12,556 | Closed |
|
|
RFWA
78
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$153K | -12,295 | Closed |
|
|
AA
79
AQR Arbitrage
Greenwich,
Connecticut
| – | -$153K | -12,283 | Closed |
|
80
MML Investors Services
Springfield,
Massachusetts
| – | -$150K | -12,025 | Closed |
|
|
AWM
81
AE Wealth Management
Topeka,
Kansas
| – | -$128K | -10,329 | Closed |
|
|
PAG
82
Private Advisor Group
Morristown,
New Jersey
| – | -$126K | -10,166 | Closed |
|
|
CL
83
CSS LLC
Chicago,
Illinois
| – | -$95K | -7,633 | Closed |
|
|
RIA
84
Realta Investment Advisors
Wilmington,
Delaware
| – | -$28K | -2,231 | Closed |
|
|
CWA
85
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$28K | -2,222 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
EVN Hedge Fund Activity: Q3 2019 in Review
72 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q3 2019, worth a combined $80.5M — up 2.2% from $78.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EVN and 10 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.83M. The largest seller was Karpus Investment Management, cutting an estimated $1.87M.
- 72 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q3 2019, down from 75 in Q2 2019.
- Funds reported $80.5M of Eaton Vance Municipal Income Trust stock for Q3 2019, up 2.2% quarter-over-quarter.
- 10 funds opened new Eaton Vance Municipal Income Trust positions in Q3 2019 and 13 closed out, a net change of -3 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q3 2019 was Guggenheim Capital, an estimated $2.83M added.
- The largest Eaton Vance Municipal Income Trust seller in Q3 2019 was Karpus Investment Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q3 2019.