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ETW

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

87 hedge funds and large institutions have $254M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 30 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

9% more funds holding

Funds holding: 8087 (+7)

1% more capital invested

Capital invested by funds: $251M → $254M (+$2.8M)

0.23% more ownership

Funds ownership: 19.46%19.69% (+0.23%)

10% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 30

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
87
Holders Change
+7
Holders Change %
+8.75%
% of All Funds
2.51%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
27
Reduced
30
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$38.5M -$797K -66,561 -2%
Lazard Asset Management
2
Lazard Asset Management
New York
$36.9M -$11M -919,000 -23%
Invesco
3
Invesco
Georgia
$24.6M -$2.04M -170,542 -8%
ACM
4
Aviance Capital Management
Florida
$20.3M +$18.4M +1,538,020 +1,115%
AAM
5
Advisors Asset Management
Colorado
$18M -$1.41M -117,661 -7%
U
6
UBS
Switzerland
$13.1M +$2.54M +212,351 +24%
CWA
7
Constellation Wealth Advisors
New York
$12.5M +$487K +40,686 +4%
Wells Fargo
8
Wells Fargo
California
$10.9M -$110K -9,170 -1%
Bank of America
9
Bank of America
North Carolina
$9.85M -$316K -26,360 -3%
LPL Financial
10
LPL Financial
California
$9.61M -$18.8K -1,567 -0.2%
Cohen & Steers
11
Cohen & Steers
New York
$6.74M +$675K +56,434 +11%
SG Americas Securities
12
SG Americas Securities
New York
$3.67M -$1.9M -158,778 -34%
GC
13
Guggenheim Capital
Illinois
$3.61M +$1.53M +127,797 +75%
CS
14
Credit Suisse
Switzerland
$3.56M +$428K +35,773 +14%
I2I
15
Insight 2811 Inc
Illinois
$3.3M +$96.8K +8,090 +3%
Ameriprise
16
Ameriprise
Minnesota
$3.06M +$234K +19,543 +8%
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$3.02M
CK
18
Cohen Klingenstein
New York
$3M -$207K -17,300 -7%
PHIMC
19
Private Harbour Investment Management & Counsel
Ohio
$2.61M -$85K -7,100 -3%
FTI
20
Fiduciary Trust International
Massachusetts
$2.33M
RJA
21
Raymond James & Associates
Florida
$2.03M +$69.3K +5,793 +4%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$1.82M +$52.8K +4,410 +3%
Fifth Third Bancorp
23
Fifth Third Bancorp
Ohio
$1.49M +$34.6K +2,888 +2%
IMS
24
Index Management Solutions
Pennsylvania
$1.3M +$334K +27,882 +35%
Stifel Financial
25
Stifel Financial
Missouri
$1.28M +$1.27M +106,170 New

ETW Hedge Fund Activity: Q1 2014 in Review

87 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q1 2014, worth a combined $254M — up 1.1% from $251M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ETW positions and 6 closed out — a net gain of 7 holders — while 27 added to existing stakes and 30 trimmed.

The largest buyer was Aviance Capital Management, adding an estimated $18.4M. The largest seller was Lazard Asset Management, cutting an estimated $11M.

  • 87 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q1 2014, up from 80 in Q4 2013.
  • Funds reported $254M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q1 2014, up 1.1% quarter-over-quarter.
  • 13 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q1 2014 and 6 closed out, a net change of +7 holders.
  • The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q1 2014 was Aviance Capital Management, an estimated $18.4M added.
  • The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q1 2014 was Lazard Asset Management, an estimated $11M sold.

Based on aggregated 13F filings for Q1 2014.