Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
105 hedge funds and large institutions have $170M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 35 increasing their positions, 42 reducing their positions, and 23 closing their positions.
9% more capital invested
Capital invested by funds: $155M → $170M (+$14.3M)
1.13% less ownership
Funds ownership: 19.38% → 18.25% (-1.1%)
14% less funds holding
Funds holding: 122 → 105 (-17)
17% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 42
70% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.35M |
| 2 |
Morgan Stanley
New York
|
+$2.35M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.57M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.35M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.44M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.33M |
| 3 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$2.73M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.6M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.55M |
ETW Hedge Fund Activity: Q2 2020 in Review
105 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q2 2020, worth a combined $170M — up 9.2% from $155M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ETW and 7 opened new positions — a net loss of 16 holders — while 42 trimmed existing stakes and 35 added.
The largest buyer was Bank of America, adding an estimated $3.35M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $3.44M sold.
- 105 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q2 2020, down from 122 in Q1 2020.
- Funds reported $170M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q2 2020, up 9.2% quarter-over-quarter.
- 7 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q2 2020 and 23 closed out, a net change of -16 holders.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q2 2020 was Bank of America, an estimated $3.35M added.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q2 2020 was Shaker Financial Services, an estimated $3.44M sold.
Based on aggregated 13F filings for Q2 2020.