Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
104 hedge funds and large institutions have $186M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
7% more funds holding
Funds holding: 97 → 104 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
1.15% less ownership
Funds ownership: 18.45% → 17.3% (-1.1%)
14% less capital invested
Capital invested by funds: $216M → $186M (-$30.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.24M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$2.19M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.33M |
| 4 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$1.25M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$14.4M |
| 2 |
Morgan Stanley
New York
|
-$3.43M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.37M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.34M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
ETW Hedge Fund Activity: Q4 2016 in Review
104 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q4 2016, worth a combined $186M — down 14% from $216M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ETW positions and 13 closed out — a net gain of 9 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.24M. The largest seller was William Blair & Company, exiting entirely with an estimated $14.4M sold.
- 104 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q4 2016, up from 97 in Q3 2016.
- Funds reported $186M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q4 2016, down 14% quarter-over-quarter.
- 22 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q4 2016 and 13 closed out, a net change of +9 holders.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $2.24M added.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q4 2016 was William Blair & Company, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2016.