Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
96 hedge funds and large institutions have $206M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 13 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
8% more capital invested
Capital invested by funds: $190M → $206M (+$15.5M)
1.8% more ownership
Funds ownership: 16.8% → 18.61% (+1.8%)
7% less funds holding
Funds holding: 103 → 96 (-7)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$13.7M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$11.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.76M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$975K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$955K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.68M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.06M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.94M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.79M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
101
Virtu KCG Holdings
New York
| – | -$235K | -22,265 | Closed |
|
102
Goldman Sachs
New York
| – | -$135K | -12,855 | Closed |
|
|
GP
103
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$134K | -12,690 | Closed |
|
|
EFS
104
Essex Financial Services
Essex,
Connecticut
| – | -$105K | -10,000 | Closed |
|
|
AIG
105
American International Group
New York
| – | -$98K | -9,338 | Closed |
|
|
SBL
106
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$79K | -7,484 | Closed |
|
107
JP Morgan Chase
New York
| – | -$44K | -4,200 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$35K | -3,300 | Closed |
|
|
DBT
109
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$11K | -1,084 | Closed |
|
ETW Hedge Fund Activity: Q2 2016 in Review
96 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q2 2016, worth a combined $206M — up 8.2% from $190M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ETW and 6 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 39 added.
The largest buyer was William Blair & Company, opening a new position worth an estimated $13.7M. The largest seller was LPL Financial, cutting an estimated $2.68M.
- 96 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q2 2016, down from 103 in Q1 2016.
- Funds reported $206M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q2 2016, up 8.2% quarter-over-quarter.
- 6 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q2 2016 and 13 closed out, a net change of -7 holders.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q2 2016 was William Blair & Company, an estimated $13.7M added.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q2 2016 was LPL Financial, an estimated $2.68M sold.
Based on aggregated 13F filings for Q2 2016.