Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
40 hedge funds and large institutions have $55.8M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.28% less ownership
Funds ownership: 15.24% → 13.96% (-1.3%)
9% less funds holding
Funds holding: 44 → 40 (-4)
10% less capital invested
Capital invested by funds: $61.9M → $55.8M (-$6.09M)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KTC
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
|
+$225K |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$169K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
+$136K |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$130K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$56.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$920K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$918K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$673K |
| 4 |
Morgan Stanley
New York
|
-$526K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$502K |
ETB Hedge Fund Activity: Q1 2016 in Review
40 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q1 2016, worth a combined $55.8M — down 9.8% from $61.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ETB and 4 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Kistler-Tiffany Companies, adding an estimated $225K. The largest seller was LPL Financial, cutting an estimated $920K.
- 40 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q1 2016, down from 44 in Q4 2015.
- Funds reported $55.8M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q1 2016, down 9.8% quarter-over-quarter.
- 4 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q1 2016 and 7 closed out, a net change of -3 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q1 2016 was Kistler-Tiffany Companies, an estimated $225K added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q1 2016 was LPL Financial, an estimated $920K sold.
Based on aggregated 13F filings for Q1 2016.