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EVN

Eaton Vance Municipal Income Trust

24 hedge funds and large institutions have $15.5M invested in Eaton Vance Municipal Income Trust in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

9% more capital invested

Capital invested by funds: $14.3M → $15.5M (+$1.26M)

0.07% more ownership

Funds ownership: 5.1%5.17% (+0.07%)

11% less funds holding

Funds holding: 2724 (-3)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
24
Holders Change
-3
Holders Change %
-11.11%
% of All Funds
0.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
7
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.55M +$842K +67,800 +18%
ACM
2
Ashford Capital Management
Delaware
$5.42M -$67.5K -5,435 -1%
LPL Financial
3
LPL Financial
California
$1.37M -$587K -47,289 -31%
WFG
4
Wills Financial Group
Virginia
$647K +$254K +20,440 +67%
HK
5
Horizon Kinetics
New York
$507K
Wells Fargo
6
Wells Fargo
California
$464K +$271K +21,828 +149%
Bank of America
7
Bank of America
North Carolina
$306K +$8.88K +715 +3%
B
8
Baird
Wisconsin
$227K +$4.11K +331 +2%
SB
9
Suntrust Banks
Georgia
$198K
VanEck Associates
10
VanEck Associates
New York
$150K +$26K +2,092 +22%
U
11
UBS
Switzerland
$132K -$18.4K -1,478 -13%
Ameriprise
12
Ameriprise
Minnesota
$132K
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$115K -$1.64K -132 -1%
AIG
14
American International Group
New York
$89.9K -$1.59K -128 -2%
M&T Bank
15
M&T Bank
New York
$64K
BAM
16
Brave Asset Management
New Jersey
$39K
Fifth Third Bancorp
17
Fifth Third Bancorp
Ohio
$26K
Creative Planning
18
Creative Planning
Kansas
$26K +$4.35K +350 +21%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$23K
SNT
20
Security National Trust
West Virginia
$14K
MFS
21
MSI Financial Services
Massachusetts
$7K
BRWA
22
B. Riley Wealth Advisors
Florida
$6.37K +$6.21K +500 New
TRCT
23
Tower Research Capital (TRC)
New York
$1K -$11.2K -904 -90%
GC
24
Guggenheim Capital
Illinois
-$201K -16,830 Closed
VKH
25
Virtu KCG Holdings
New York
-$128K -10,751 Closed

EVN Hedge Fund Activity: Q2 2014 in Review

24 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q2 2014, worth a combined $15.5M — up 8.8% from $14.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of EVN and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 7 added.

The largest buyer was Morgan Stanley, adding an estimated $842K. The largest seller was LPL Financial, cutting an estimated $587K.

  • 24 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q2 2014, down from 27 in Q1 2014.
  • Funds reported $15.5M of Eaton Vance Municipal Income Trust stock for Q2 2014, up 8.8% quarter-over-quarter.
  • 2 funds opened new Eaton Vance Municipal Income Trust positions in Q2 2014 and 5 closed out, a net change of -3 holders.
  • The largest Eaton Vance Municipal Income Trust buyer in Q2 2014 was Morgan Stanley, an estimated $842K added.
  • The largest Eaton Vance Municipal Income Trust seller in Q2 2014 was LPL Financial, an estimated $587K sold.

Based on aggregated 13F filings for Q2 2014.