Eaton Vance Tax-Advantaged Global Dividend Income Fund
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, 18 reducing their positions, and 16 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
15% more capital invested
Capital invested by funds: $157M → $180M (+$22.8M)
0.43% more ownership
Funds ownership: 14.62% → 15.05% (+0.43%)
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 |
Millennium Management
New York
|
-$3.7M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.5M |
| 3 |
Citigroup
New York
|
-$3.38M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.66M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$2.32M |
ETG Hedge Fund Activity: Q1 2017 in Review
72 of the 4,034 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 15% from $157M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ETG and 11 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was UBS Group, adding an estimated $20.6M. The largest seller was Millennium Management, exiting entirely with an estimated $3.7M sold.
- 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 15% 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 Millennium Management, an estimated $3.7M sold.
Based on aggregated 13F filings for Q1 2017.