Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
43 hedge funds and large institutions have $60.5M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
10% more funds holding
Funds holding: 39 → 43 (+4)
0.8% less ownership
Funds ownership: 16.24% → 15.45% (-0.8%)
3% less capital invested
Capital invested by funds: $62.6M → $60.5M (-$2.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$539K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$396K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$338K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$10.9M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$954K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$536K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$240K |
| 5 |
HC
HHG & Company
Darien,
Connecticut
|
-$121K |
ETB Hedge Fund Activity: Q4 2014 in Review
43 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q4 2014, worth a combined $60.5M — down 3.3% from $62.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ETB positions and 5 closed out — a net gain of 6 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.4M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $10.9M.
- 43 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q4 2014, up from 39 in Q3 2014.
- Funds reported $60.5M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q4 2014, down 3.3% quarter-over-quarter.
- 11 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q4 2014 and 5 closed out, a net change of +6 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q4 2014 was Morgan Stanley, an estimated $1.4M added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2014.