Eaton Vance Municipal Income Trust
EVN
57 hedge funds and large institutions have $48.5M invested in Eaton Vance Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 9 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
42% more capital invested
Capital invested by funds: $34.1M → $48.5M (+$14.4M)
21% more funds holding
Funds holding: 47 → 57 (+10)
3.98% more ownership
Funds ownership: 12.5% → 16.48% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$5.45M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.66M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.53M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.2M |
| 5 |
SCM
Saba Capital Management
New York
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.76M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$792K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$317K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$313K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$279K |
EVN Hedge Fund Activity: Q4 2018 in Review
57 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q4 2018, worth a combined $48.5M — up 42% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new EVN positions and 9 closed out — a net gain of 11 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $5.45M. The largest seller was Bessemer Group, exiting entirely with an estimated $1.76M sold.
- 57 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q4 2018, up from 47 in Q3 2018.
- Funds reported $48.5M of Eaton Vance Municipal Income Trust stock for Q4 2018, up 42% quarter-over-quarter.
- 20 funds opened new Eaton Vance Municipal Income Trust positions in Q4 2018 and 9 closed out, a net change of +11 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q4 2018 was 1607 Capital Partners, an estimated $5.45M added.
- The largest Eaton Vance Municipal Income Trust seller in Q4 2018 was Bessemer Group, an estimated $1.76M sold.
Based on aggregated 13F filings for Q4 2018.