Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
56 hedge funds and large institutions have $66.3M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
8% more funds holding
Funds holding: 52 → 56 (+4)
0.55% more ownership
Funds ownership: 18.02% → 18.57% (+0.55%)
15% less capital invested
Capital invested by funds: $77.9M → $66.3M (-$11.6M)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.2M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.57M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.21M |
| 4 |
AGM
Alpine Global Management
New York
|
+$725K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.5M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$908K |
| 4 |
Morgan Stanley
New York
|
-$674K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $7K | – | – | – |
|
|
AIC
52
Ameritas Investment Company
Lincoln,
Nebraska
| $7K | +$7.38K | +490 | New |
|
|
FDCDDQ
53
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $6.72K | – | – | – |
|
|
FHA
54
Flagship Harbor Advisors
Boston,
Massachusetts
| $4K | – | – | – |
|
|
LFA
55
Legacy Financial Advisors
Covington,
Kentucky
| $1K | – | – | – |
|
|
APP
56
Avantax Planning Partners
Dubuque,
Iowa
| – | -$105K | -6,305 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$42K | -2,500 | Closed |
|
|
BWP
58
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$15K | -925 | Closed |
|
|
CFA
59
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$12K | -695 | Closed |
|
|
WCAMG
60
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
| – | -$8K | -500 | Closed |
|
|
WAP
61
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$8K | -496 | Closed |
|
62
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
ETB Hedge Fund Activity: Q4 2018 in Review
56 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q4 2018, worth a combined $66.3M — down 15% from $77.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ETB positions and 6 closed out — a net gain of 4 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $2.2M. The largest seller was Royal Bank of Canada, cutting an estimated $1.5M.
- 56 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q4 2018, up from 52 in Q3 2018.
- Funds reported $66.3M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q4 2018, down 15% quarter-over-quarter.
- 10 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q4 2018 and 6 closed out, a net change of +4 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q4 2018 was Karpus Investment Management, an estimated $2.2M added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q4 2018 was Royal Bank of Canada, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2018.