Eaton Vance Tax-Advantaged Global Dividend Income Fund
79 hedge funds and large institutions have $157M invested in Eaton Vance Tax-Advantaged Global Dividend Income Fund in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 3 closing their positions.
700% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 3
194% more capital inflows, than outflows
Capital inflows: $30.4M | Capital outflows: $10.3M
34% more funds holding
Funds holding: 59 → 79 (+20)
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
1.85% more ownership
Funds ownership: 12.77% → 14.62% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.75M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.55M |
| 3 |
Punch & Associates Investment Management
Edina,
Minnesota
|
+$3.4M |
| 4 |
Karpus Investment Management
Pittsford,
New York
|
+$3.09M |
| 5 |
Citigroup
New York
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.03M |
| 2 |
Morgan Stanley
New York
|
-$1.63M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.44M |
| 4 |
Cohen & Steers
New York
|
-$1.18M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.07M |
ETG Hedge Fund Activity: Q4 2016 in Review
79 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) for Q4 2016, worth a combined $157M — up 8.2% from $145M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ETG positions and 3 closed out — a net gain of 21 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.75M. The largest seller was Bank of America, cutting an estimated $2.03M.
- 79 institutional investors held Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) as of Q4 2016, up from 59 in Q3 2016.
- Funds reported $157M of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock for Q4 2016, up 8.2% quarter-over-quarter.
- 24 funds opened new Eaton Vance Tax-Advantaged Global Dividend Income Fund positions in Q4 2016 and 3 closed out, a net change of +21 holders.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund buyer in Q4 2016 was Millennium Management, an estimated $3.75M added.
- The largest Eaton Vance Tax-Advantaged Global Dividend Income Fund seller in Q4 2016 was Bank of America, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2016.