Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

EATON VANCE MUN INCOME TERM (ETX)

41 + Investors. Track Smart Money conviction in ETX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
1Q ▲
Buyers last Q
68%

Smart Money Signals — ETX

Based on 41 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ETX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
41 funds currently hold this stock — 91% of the 3.0-year high of 45 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ETX is almost the same as a year ago (+1 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 68% buying

23 buying11 selling
Last quarter: 23 funds were net buyers (8 opened a brand new position + 15 added to an existing one). Only 11 were sellers (10 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new ETX position: 3 → 3 → 2 → 8. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 17% medium ■ 12% new
29 out of 41 hedge funds have held ETX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~8 new funds/quarter

9 → 3 → 3 → 2 → 8 new funds/Q
New funds entering each quarter: 3 → 3 → 2 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 10% 1-2yr ■ 20% new
Of 41 current holders: 29 (71%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
9 of 41 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ETX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: ETX

How many hedge funds hold ETX — quarterly history vs. share price
Quarterly hedge fund ownership of ETX vs. share price

Market Analysis: ETX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: ETX
2026 Q1 Stats Unlock in 12 days 41 + Investors

Track Smart Money conviction in ETX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 41 34 20.59%
13F Shares 2M 2M 5.13%
Total Value $46M $45M 1.88%
New Positions 8 2 +6
Increased Positions 15 11 +4
Closed Positions 1 2 -1
Reduced Positions 10 13 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ETX

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Institutional Holders (2026 Q1)

41 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ETX. Verified SEC 13F-HR filings.

Top 19 institutional holders of ETX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Stronghold Wealth Management L.L.C. 0.56% 20,197 $371K
2 MELFA WEALTH MANAGEMENT, INC. 0.16% 15,372 $282K
3 Aviance Capital Partners, LLC 0.04% 17,047 $313K
4 Anchor Investment Management, LLC 0.02% 13,400 $246K
5 U.S. Capital Wealth Advisors, LLC 0.01% 23,928 $439K
6 Mutual Advisors, LLC 0.01% 18,583 $341K
7 Sanctuary Advisors, LLC 0.01% 64,015 $1.2M
8 Merit Financial Group, LLC 0.01% 38,142 $700K
9 Center for Financial Planning, Inc. 0.00% 1,920 $35K
10 World Investment Advisors 0.00% 12,388 $227K
11 FARMERS & MERCHANTS INVESTMENTS INC 0.00% 7,000 $129K
12 Noble Wealth Management PBC 0.00% 316 $6K
13 Stratos Wealth Partners, LTD. 0.00% 11,336 $208K
14 Kestra Advisory Services, LLC 0.00% 19,184 $352K
15 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 40,234 $739K
16 TRUIST FINANCIAL CORP 0.00% 31,496 $578K
17 ROTHSCHILD INVESTMENT LLC 0.00% 806 $15K
18 LPL Financial LLC 0.00% 132,380 $2.4M
19 UBS Group AG 0.00% 141,701 $2.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — EATON VANCE MUN INCOME TERM (ETX)

What does the Smart Money Trend signal show for ETX?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ETX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ETX?

More buyers than sellers — 68% buying: Last quarter: 23 funds were net buyers (8 opened a brand new position + 15 added to an existing one). Only 11 were sellers (10 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ETX holders?

Elite ownership — 40% AUM from top-100 funds: 9 of 41 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ETX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ETX?

71% of holders stayed for 2+ years: 29 out of 41 hedge funds have held ETX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.