Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
35 hedge funds and large institutions have $58M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
6% more funds holding
Funds holding: 33 → 35 (+2)
0.06% less ownership
Funds ownership: 16.41% → 16.36% (-0.06%)
1% less capital invested
Capital invested by funds: $58.7M → $58M (-$719K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.27M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$316K |
| 4 |
Morgan Stanley
New York
|
+$294K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$97.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4.07M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$372K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$364K |
| 5 |
LPL Financial
San Diego,
California
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $60K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $53K | +$7.49K | +500 | +16% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $40K | – | – | – |
|
|
FAM
29
Formidable Asset Management
Cincinnati,
Ohio
| $36K | +$37.4K | +2,500 | New |
|
30
US Bancorp
Minneapolis,
Minnesota
| $26K | +$27K | +1,800 | New |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $18K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $14K | – | – | – |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8K | -$14.9K | -996 | -63% |
|
|
FNBT
34
FineMark National Bank & Trust
Fort Myers,
Florida
| $7K | – | – | – |
|
|
M
35
MOTCO
San Antonio,
Texas
| $5K | – | – | – |
|
ETB Hedge Fund Activity: Q3 2013 in Review
35 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q3 2013, worth a combined $58M — down 1.2% from $58.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ETB positions and 0 closed out — a net gain of 3 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $4.27M. The largest seller was Invesco, cutting an estimated $4.07M.
- 35 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q3 2013, up from 33 in Q2 2013.
- Funds reported $58M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q3 2013, down 1.2% quarter-over-quarter.
- 3 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q3 2013 and 0 closed out, a net change of +3 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q3 2013 was Bank of America, an estimated $4.27M added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q3 2013 was Invesco, an estimated $4.07M sold.
Based on aggregated 13F filings for Q3 2013.