Eaton Vance New York Municipal Income Trust
EVY was delisted on the 20th of August, 2021.
21 hedge funds and large institutions have $12.7M invested in Eaton Vance New York Municipal Income Trust in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
18% more capital invested
Capital invested by funds: $10.8M → $12.7M (+$1.9M)
9% less funds holding
Funds holding: 23 → 21 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.94M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$289K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$284K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$198K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.83M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.31M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$177K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$176K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$157K | -12,286 | Closed |
|
|
CRC
27
Curi RMB Capital
Chicago,
Illinois
| – | -$141K | -11,032 | Closed |
|
EVY Hedge Fund Activity: Q4 2020 in Review
21 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance New York Municipal Income Trust (EVY) for Q4 2020, worth a combined $12.7M — up 18% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EVY and 4 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Saba Capital Management, adding an estimated $3.94M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.83M sold.
- 21 institutional investors held Eaton Vance New York Municipal Income Trust (EVY) as of Q4 2020, down from 23 in Q3 2020.
- Funds reported $12.7M of Eaton Vance New York Municipal Income Trust stock for Q4 2020, up 18% quarter-over-quarter.
- 4 funds opened new Eaton Vance New York Municipal Income Trust positions in Q4 2020 and 6 closed out, a net change of -2 holders.
- The largest Eaton Vance New York Municipal Income Trust buyer in Q4 2020 was Saba Capital Management, an estimated $3.94M added.
- The largest Eaton Vance New York Municipal Income Trust seller in Q4 2020 was Karpus Investment Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q4 2020.