Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
80 hedge funds and large institutions have $251M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
4% more funds holding
Funds holding: 77 → 80 (+3)
1% more capital invested
Capital invested by funds: $248M → $251M (+$2.99M)
1.04% less ownership
Funds ownership: 20.5% → 19.46% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
+$3.08M |
| 2 |
Morgan Stanley
New York
|
+$2.08M |
| 3 |
SG Americas Securities
New York
|
+$1.72M |
| 4 |
LPL Financial
San Diego,
California
|
+$911K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.2M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$5.23M |
| 3 |
Lazard Asset Management
New York
|
-$4.93M |
| 4 |
DT
Diversified Trust
Memphis,
Tennessee
|
-$2.49M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
76
Focused Wealth Management
Newburgh,
New York
| $9K | +$95 | +8 | +1% |
|
|
BIM
77
BlackRock Investment Management
Wilmington,
Delaware
| $6K | +$5.92K | +500 | New |
|
|
CHC
78
City Holding Co
Charleston,
West Virginia
| $5K | +$4.73K | +400 | New |
|
|
HCM
79
Highlander Capital Management
Short Hills,
New Jersey
| $4.6K | – | – | – |
|
80
Envestnet Asset Management
Chicago,
Illinois
| $2K | – | – | – |
|
|
RCM
81
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$7.2M | -634,890 | Closed |
|
|
DT
82
Diversified Trust
Memphis,
Tennessee
| – | -$2.49M | -219,505 | Closed |
|
|
DA
83
Doliver Advisors
Houston,
Texas
| – | -$289K | -25,515 | Closed |
|
84
Comerica Bank
Dallas,
Texas
| – | -$228K | -20,077 | Closed |
|
85
Nomura Holdings
Tokyo,
Japan
| – | -$196K | -17,078 | Closed |
|
|
VKH
86
Virtu KCG Holdings
New York
| – | -$131K | -11,567 | Closed |
|
|
AIM
87
Allen Investment Management
New York
| – | -$115K | -10,109 | Closed |
|
ETW Hedge Fund Activity: Q4 2013 in Review
80 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q4 2013, worth a combined $251M — up 1.2% from $248M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ETW positions and 8 closed out — a net gain of 5 holders — while 32 added to existing stakes and 23 trimmed.
The largest buyer was Insight 2811 Inc, opening a new position worth an estimated $3.08M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7.2M sold.
- 80 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q4 2013, up from 77 in Q3 2013.
- Funds reported $251M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q4 2013, up 1.2% quarter-over-quarter.
- 13 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q4 2013 and 8 closed out, a net change of +5 holders.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q4 2013 was Insight 2811 Inc, an estimated $3.08M added.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q4 2013 was Rivernorth Capital Management, an estimated $7.2M sold.
Based on aggregated 13F filings for Q4 2013.