Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
72 hedge funds and large institutions have $180M invested in Eaton Vance Tax-Advantaged Global Dividend Income Fund in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 16 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
11% more capital invested
Capital invested by funds: $162M → $180M (+$18M)
0.03% less ownership
Funds ownership: 15.08% → 15.05% (-0.03%)
9% less funds holding
Funds holding: 79 → 72 (-7)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$20.6M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$6.51M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.14M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.32M |
| 2 |
Millennium Management
New York
|
-$3.7M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.5M |
| 4 |
Citigroup
New York
|
-$3.38M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
76
Landscape Capital Management
Englewood,
New Jersey
| – | -$1.41M | -100,242 | Closed |
|
|
VKH
77
Virtu KCG Holdings
New York
| – | -$1M | -71,070 | Closed |
|
|
WAM
78
Weiss Asset Management
Boston,
Massachusetts
| – | -$690K | -49,055 | Closed |
|
|
AGM
79
Alpine Global Management
New York
| – | -$424K | -30,120 | Closed |
|
|
BFM
80
Boothbay Fund Management
New York
| – | -$310 | -22,000 | Closed |
|
|
OFG
81
OTA Financial Group
Purchase,
New York
| – | -$209K | -14,882 | Closed |
|
82
Goldman Sachs
New York
| – | -$164K | -11,661 | Closed |
|
|
JIC
83
Joel Isaacson & Co
New York
| – | -$47K | -3,323 | Closed |
|
|
TWA
84
TCI Wealth Advisors
Tucson,
Arizona
| – | -$36K | -2,592 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$13K | -897 | Closed |
|
|
GI
86
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -200 | Closed |
|
87
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -181 | Closed |
|
88
BlackRock
New York
| – | +$91 | +6 | New |
|
ETG Hedge Fund Activity: Q1 2017 in Review
72 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) for Q1 2017, worth a combined $180M — up 11% from $162M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ETG and 11 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 27 added.
The largest buyer was UBS Group, adding an estimated $20.6M. The largest seller was 1832 Asset Management, cutting an estimated $5.32M.
- 72 institutional investors held Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) as of Q1 2017, down from 79 in Q4 2016.
- Funds reported $180M of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock for Q1 2017, up 11% quarter-over-quarter.
- 11 funds opened new Eaton Vance Tax-Advantaged Global Dividend Income Fund positions in Q1 2017 and 16 closed out, a net change of -5 holders.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund buyer in Q1 2017 was UBS Group, an estimated $20.6M added.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund seller in Q1 2017 was 1832 Asset Management, an estimated $5.32M sold.
Based on aggregated 13F filings for Q1 2017.