Eaton Vance Tax-Advantaged Global Dividend Income Fund
68 hedge funds and large institutions have $139M invested in Eaton Vance Tax-Advantaged Global Dividend Income Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 13 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
0.99% less ownership
Funds ownership: 13.62% → 12.64% (-0.99%)
6% less funds holding
Funds holding: 72 → 68 (-4)
8% less capital invested
Capital invested by funds: $150M → $139M (-$11.4M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$5.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.28M |
| 3 |
OC
Oppenheimer & Co
New York
|
+$563K |
| 4 |
Morgan Stanley
New York
|
+$479K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.62M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.14M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.79M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.42M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$287K | -19,836 | Closed |
|
|
RJT
77
Raymond James Trust
St. Petersburg,
Florida
| – | -$267K | -18,485 | Closed |
|
78
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$148K | -10,210 | Closed |
|
|
FCCM
79
First City Capital Management
Savannah,
Georgia
| – | -$132K | -9,126 | Closed |
|
|
DLHL
80
Donald L. Hagan LLC
Sarasota,
Florida
| – | -$25K | -1,700 | Closed |
|
|
WTB
81
Washington Trust Bank
Spokane,
Washington
| – | -$14K | -1,000 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$7K | -500 | Closed |
|
ETG Hedge Fund Activity: Q2 2016 in Review
68 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) for Q2 2016, worth a combined $139M — down 7.6% from $150M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ETG and 10 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 29 added.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $5.09M. The largest seller was LPL Financial, cutting an estimated $3.62M.
- 68 institutional investors held Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) as of Q2 2016, down from 72 in Q1 2016.
- Funds reported $139M of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock for Q2 2016, down 7.6% quarter-over-quarter.
- 10 funds opened new Eaton Vance Tax-Advantaged Global Dividend Income Fund positions in Q2 2016 and 13 closed out, a net change of -3 holders.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund buyer in Q2 2016 was 1832 Asset Management, an estimated $5.09M added.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund seller in Q2 2016 was LPL Financial, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2016.