Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
79 hedge funds and large institutions have $184M invested in Eaton Vance Tax-Advantaged Global Dividend Income Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 15 closing their positions.
20% more capital invested
Capital invested by funds: $153M → $184M (+$31.1M)
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
0.11% more ownership
Funds ownership: 16.77% → 16.89% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 87 → 79 (-8)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$6.48M |
| 2 |
Morgan Stanley
New York
|
+$3.46M |
| 3 |
LOPW
Live Oak Private Wealth
Wilmington,
North Carolina
|
+$1.24M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$642K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$529K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.11M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.1M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$912K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$860K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$802K |
ETG Hedge Fund Activity: Q2 2020 in Review
79 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) for Q2 2020, worth a combined $184M — up 20% from $153M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ETG and 7 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 25 added.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $6.48M. The largest seller was Karpus Investment Management, cutting an estimated $6.11M.
- 79 institutional investors held Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) as of Q2 2020, down from 87 in Q1 2020.
- Funds reported $184M of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock for Q2 2020, up 20% quarter-over-quarter.
- 7 funds opened new Eaton Vance Tax-Advantaged Global Dividend Income Fund positions in Q2 2020 and 15 closed out, a net change of -8 holders.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund buyer in Q2 2020 was Punch & Associates Investment Management, an estimated $6.48M added.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $6.11M sold.
Based on aggregated 13F filings for Q2 2020.