Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
46 hedge funds and large institutions have $56.6M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 8 closing their positions.
0.24% less ownership
Funds ownership: 17.68% → 17.44% (-0.24%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
8% less funds holding
Funds holding: 50 → 46 (-4)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
26% less capital invested
Capital invested by funds: $77M → $56.6M (-$20.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.69M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$676K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$402K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$297K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.63M |
| 2 |
Morgan Stanley
New York
|
-$1.5M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$713K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$262K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$243K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
51
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$6K | -350 | Closed |
|
52
US Bancorp
Minneapolis,
Minnesota
| – | -$6K | -340 | Closed |
|
|
SAM
53
S.A. Mason
Holland,
Michigan
| – | -$3K | -200 | Closed |
|
ETB Hedge Fund Activity: Q1 2020 in Review
46 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q1 2020, worth a combined $56.6M — down 26% from $77M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ETB and 7 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $2.69M. The largest seller was UBS Group, cutting an estimated $1.63M.
- 46 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q1 2020, down from 50 in Q4 2019.
- Funds reported $56.6M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q1 2020, down 26% quarter-over-quarter.
- 7 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q1 2020 and 8 closed out, a net change of -1 holder.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q1 2020 was Wells Fargo, an estimated $2.69M added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q1 2020 was UBS Group, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2020.