Eaton Vance Tax-Managed Buy-Write Opportunities Fund
74 hedge funds and large institutions have $132M invested in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 14 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
2% less capital invested
Capital invested by funds: $135M → $132M (-$2.5M)
1.07% less ownership
Funds ownership: 15.05% → 13.98% (-1.1%)
9% less funds holding
Funds holding: 81 → 74 (-7)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$3.04M |
| 2 |
SCA
Strategic Capital Alternatives
Gig Harbor,
United States
|
+$2.8M |
| 3 |
UAS
United Asset Strategies
Garden City,
New York
|
+$2.23M |
| 4 |
Cohen & Steers
New York
|
+$500K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.09M |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$3.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.73M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.46M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
76
Doliver Advisors
Houston,
Texas
| – | -$1.23M | -87,613 | Closed |
|
|
RJFSA
77
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$499K | -35,507 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$446K | -31,700 | Closed |
|
79
Jane Street
New York
| – | -$433K | -30,822 | Closed |
|
|
FNBT
80
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$360K | -25,590 | Closed |
|
|
CS
81
Credit Suisse
Zurich,
Switzerland
| – | -$186K | -13,260 | Closed |
|
|
CA
82
Cetera Advisors
Denver,
Colorado
| – | -$158K | -11,294 | Closed |
|
|
NPC
83
National Planning Corporation
El Segundo,
California
| – | -$155K | -10,950 | Closed |
|
|
WAM
84
Wolverine Asset Management
Chicago,
Illinois
| – | -$150K | -10,678 | Closed |
|
85
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$14K | -1,000 | Closed |
|
|
BRWA
86
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$11 | -804 | Closed |
|
|
BBPWM
87
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$9K | -670 | Closed |
|
|
MAA
88
Managed Account Advisors
Jersey City,
New Jersey
| – | +$292 | +20 | New |
|
ETV Hedge Fund Activity: Q1 2015 in Review
74 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) for Q1 2015, worth a combined $132M — down 1.9% from $135M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ETV and 8 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 25 added.
The largest buyer was Argentus Capital Management, adding an estimated $3.04M. The largest seller was Bank of America, cutting an estimated $4.09M.
- 74 institutional investors held Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) as of Q1 2015, down from 81 in Q4 2014.
- Funds reported $132M of Eaton Vance Tax-Managed Buy-Write Opportunities Fund stock for Q1 2015, down 1.9% quarter-over-quarter.
- 8 funds opened new Eaton Vance Tax-Managed Buy-Write Opportunities Fund positions in Q1 2015 and 14 closed out, a net change of -6 holders.
- The largest Eaton Vance Tax-Managed Buy-Write Opportunities Fund buyer in Q1 2015 was Argentus Capital Management, an estimated $3.04M added.
- The largest Eaton Vance Tax-Managed Buy-Write Opportunities Fund seller in Q1 2015 was Bank of America, an estimated $4.09M sold.
Based on aggregated 13F filings for Q1 2015.