Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
52 hedge funds and large institutions have $72.9M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 7 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
0.56% less ownership
Funds ownership: 18.11% → 17.55% (-0.56%)
3% less capital invested
Capital invested by funds: $75.1M → $72.9M (-$2.15M)
5% less funds holding
Funds holding: 55 → 52 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$548K |
| 2 |
Morgan Stanley
New York
|
+$441K |
| 3 |
SRC
Sage Rhino Capital
Menlo Park,
California
|
+$361K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$289K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.06M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$487K |
| 3 |
ST
Spinnaker Trust
Portland,
Maine
|
-$201K |
| 4 |
Cohen & Steers
New York
|
-$180K |
| 5 |
KTC
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWA
51
Clarus Wealth Advisors
Peoria,
Arizona
| $5K | +$5.21K | +333 | New |
|
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$487K | -31,153 | Closed |
|
|
ST
53
Spinnaker Trust
Portland,
Maine
| – | -$201K | -12,900 | Closed |
|
|
MFW
54
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$55K | -3,498 | Closed |
|
|
PCG
55
Private Capital Group
West Hartford,
Connecticut
| – | -$41K | -2,655 | Closed |
|
|
AIC
56
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$16K | -1,000 | Closed |
|
|
SWM
57
SeaCrest Wealth Management
Purchase,
New York
| – | -$13K | -820 | Closed |
|
|
LFA
58
Legacy Financial Advisors
Covington,
Kentucky
| – | -$1K | -82 | Closed |
|
59
Fidelity Investments
Boston,
Massachusetts
| – | +$16 | +1 | New |
|
ETB Hedge Fund Activity: Q2 2019 in Review
52 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q2 2019, worth a combined $72.9M — down 2.9% from $75.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ETB and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was IHT Wealth Management, adding an estimated $548K. The largest seller was Guggenheim Capital, cutting an estimated $3.06M.
- 52 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q2 2019, down from 55 in Q1 2019.
- Funds reported $72.9M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q2 2019, down 2.9% quarter-over-quarter.
- 5 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q2 2019 and 7 closed out, a net change of -2 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q2 2019 was IHT Wealth Management, an estimated $548K added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q2 2019 was Guggenheim Capital, an estimated $3.06M sold.
Based on aggregated 13F filings for Q2 2019.