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ETW

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

110 hedge funds and large institutions have $148M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 15

10% more funds holding

Funds holding: 100110 (+10)

0% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 31

0.75% less ownership

Funds ownership: 15.2%14.44% (-0.75%)

24% less capital invested

Capital invested by funds: $195M → $148M (-$46.9M)

Holders
110
Holders Change
+10
Holders Change %
+10%
% of All Funds
2.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
25
Increased
31
Reduced
31
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$18.5M -$402K -37,586 -2%
Morgan Stanley
2
Morgan Stanley
New York
$15.5M -$897K -83,884 -5%
UBS Group
3
UBS Group
Switzerland
$12.3M -$1.84M -172,062 -12%
Ameriprise
4
Ameriprise
Minnesota
$7.81M +$645K +60,309 +8%
GC
5
Guggenheim Capital
Illinois
$7.23M -$3.78M -353,462 -32%
RJA
6
Raymond James & Associates
Florida
$7.14M -$54.9K -5,138 -0.7%
Invesco
7
Invesco
Georgia
$6.66M +$438K +40,934 +6%
UIC
8
Uniplan Investment Counsel
Wisconsin
$5.59M -$617K -57,681 -9%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$5.32M +$453K +42,367 +8%
Baird Financial Group
10
Baird Financial Group
Wisconsin
$4.76M +$52K +4,862 +1%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$4.66M +$375K +35,046 +8%
AAM
12
Advisors Asset Management
Colorado
$4.12M -$1.05M -98,419 -19%
FTI
13
Fiduciary Trust International
Massachusetts
$2.86M
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$2.73M +$804K +75,191 +36%
RIA
15
RPG Investment Advisory
California
$2.71M +$111K +10,423 +4%
CK
16
Cohen Klingenstein
New York
$2.36M
Cohen & Steers
17
Cohen & Steers
New York
$2.29M -$70.4K -6,583 -3%
CA
18
Cornerstone Advisory
Maryland
$2.06M -$53K -4,959 -2%
Wells Fargo
19
Wells Fargo
California
$1.89M -$234K -21,903 -10%
AGM
20
Alpine Global Management
New York
$1.51M +$1.69M +158,354 New
AG
21
Advisor Group
Arizona
$1.5M +$663K +61,993 +65%
LPL Financial
22
LPL Financial
California
$1.4M +$32.6K +3,048 +2%
ASN
23
Advisory Services Network
Georgia
$1.31M -$62.2K -5,815 -4%
Citigroup
24
Citigroup
New York
$1.27M +$83.4K +7,800 +6%
CAC
25
Certified Advisory Corp
Florida
$1.26M +$31.6K +2,958 +2%

ETW Hedge Fund Activity: Q4 2018 in Review

110 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q4 2018, worth a combined $148M — down 24% from $195M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new ETW positions and 15 closed out — a net gain of 10 holders — while 31 added to existing stakes and 31 trimmed.

The largest buyer was Alpine Global Management, opening a new position worth an estimated $1.69M. The largest seller was JP Morgan Private Wealth Advisors, exiting entirely with an estimated $9.63M sold.

  • 110 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q4 2018, up from 100 in Q3 2018.
  • Funds reported $148M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q4 2018, down 24% quarter-over-quarter.
  • 25 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q4 2018 and 15 closed out, a net change of +10 holders.
  • The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q4 2018 was Alpine Global Management, an estimated $1.69M added.
  • The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q4 2018 was JP Morgan Private Wealth Advisors, an estimated $9.63M sold.

Based on aggregated 13F filings for Q4 2018.