Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
44 hedge funds and large institutions have $65M invested in Eaton Vance Tax-Managed Buy-Write Income Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 7 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
15% more capital invested
Capital invested by funds: $56.6M → $65M (+$8.37M)
0.1% more ownership
Funds ownership: 17.44% → 17.55% (+0.1%)
4% less funds holding
Funds holding: 46 → 44 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$438K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$426K |
| 3 |
Morgan Stanley
New York
|
+$384K |
| 4 |
SRC
Sage Rhino Capital
Menlo Park,
California
|
+$180K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$524K |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$501K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$323K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$238K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$234K |
ETB Hedge Fund Activity: Q2 2020 in Review
44 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) for Q2 2020, worth a combined $65M — up 15% from $56.6M 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 17 added.
The largest buyer was UBS Group, adding an estimated $438K. The largest seller was Invesco, cutting an estimated $524K.
- 44 institutional investors held Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) as of Q2 2020, down from 46 in Q1 2020.
- Funds reported $65M of Eaton Vance Tax-Managed Buy-Write Income Fund stock for Q2 2020, up 15% quarter-over-quarter.
- 5 funds opened new Eaton Vance Tax-Managed Buy-Write Income Fund positions in Q2 2020 and 7 closed out, a net change of -2 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund buyer in Q2 2020 was UBS Group, an estimated $438K added.
- The largest Eaton Vance Tax-Managed Buy-Write Income Fund seller in Q2 2020 was Invesco, an estimated $524K sold.
Based on aggregated 13F filings for Q2 2020.