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ETW

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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 7780 (+3)

1% more capital invested

Capital invested by funds: $248M → $251M (+$2.99M)

1.04% less ownership

Funds ownership: 20.5%19.46% (-1%)

Holders
80
Holders Change
+3
Holders Change %
+3.9%
% of All Funds
2.32%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
13
Increased
32
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$48M -$4.93M -416,496 -10%
Morgan Stanley
2
Morgan Stanley
New York
$39.3M +$2.08M +175,344 +6%
Invesco
3
Invesco
Georgia
$26.7M -$2.03M -171,441 -7%
AAM
4
Advisors Asset Management
Colorado
$19.5M -$5.23M -442,302 -22%
CWA
5
Constellation Wealth Advisors
New York
$12M +$552K +46,654 +5%
Wells Fargo
6
Wells Fargo
California
$11M +$403K +34,087 +4%
U
7
UBS
Switzerland
$10.5M +$129K +10,871 +1%
Bank of America
8
Bank of America
North Carolina
$10.2M +$125K +10,603 +1%
LPL Financial
9
LPL Financial
California
$9.63M +$911K +76,943 +11%
Cohen & Steers
10
Cohen & Steers
New York
$6.06M +$277K +23,399 +5%
1CP
11
1607 Capital Partners
Virginia
$5.79M -$324K -27,376 -5%
SG Americas Securities
12
SG Americas Securities
New York
$5.59M +$1.72M +145,618 +46%
CK
13
Cohen Klingenstein
New York
$3.21M
I2I
14
Insight 2811 Inc
Illinois
$3.15M +$3.08M +260,368 New
CS
15
Credit Suisse
Switzerland
$3.13M +$169K +14,301 +6%
1832 Asset Management
16
1832 Asset Management
Ontario, Canada
$3.03M
Ameriprise
17
Ameriprise
Minnesota
$2.82M +$424K +35,855 +18%
PHIMC
18
Private Harbour Investment Management & Counsel
Ohio
$2.7M -$296 -25 -0%
FTI
19
Fiduciary Trust International
Massachusetts
$2.33M
GC
20
Guggenheim Capital
Illinois
$2.06M +$527K +44,554 +35%
RJA
21
Raymond James & Associates
Florida
$1.96M +$358K +30,218 +23%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$1.77M +$257K +21,691 +17%
AQR Capital Management
23
AQR Capital Management
Connecticut
$1.74M -$1.03M -87,385 -38%
ACM
24
Aviance Capital Management
Florida
$1.67M +$1.17K +99 +0.1%
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
$1.45M -$32.7K -2,766 -2%

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.