Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
77 hedge funds and large institutions have $248M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
4% more funds holding
Funds holding: 74 → 77 (+3)
1.62% less ownership
Funds ownership: 22.12% → 20.5% (-1.6%)
5% less capital invested
Capital invested by funds: $262M → $248M (-$14.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.08M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$721K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$696K |
| 4 |
CWA
Constellation Wealth Advisors
New York
|
+$453K |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.23M |
| 2 |
Lazard Asset Management
New York
|
-$4.35M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.31M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.75M |
| 5 |
Morgan Stanley
New York
|
-$2.02M |
ETW Hedge Fund Activity: Q3 2013 in Review
77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q3 2013, worth a combined $248M — down 5.4% from $262M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ETW positions and 6 closed out — a net gain of 5 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.08M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.23M.
- 77 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q3 2013, up from 74 in Q2 2013.
- Funds reported $248M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q3 2013, down 5.4% quarter-over-quarter.
- 11 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q3 2013 and 6 closed out, a net change of +5 holders.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q3 2013 was LPL Financial, an estimated $2.08M added.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q3 2013 was Rivernorth Capital Management, an estimated $7.23M sold.
Based on aggregated 13F filings for Q3 2013.