Eaton Vance Tax-Managed Diversified Equity Income Fund
88 hedge funds and large institutions have $340M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 18 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
8% more capital invested
Capital invested by funds: $315M → $340M (+$25.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 20.32% → 20.17% (-0.15%)
11% less funds holding
Funds holding: 99 → 88 (-11)
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $36K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$4.59M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.04M |
| 3 |
Morgan Stanley
New York
|
+$1.41M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.23M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$612K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.41M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.4M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$2.56M |
| 4 |
RVPG
Relative Value Partners Group
|
-$2.47M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.99M |
ETY Hedge Fund Activity: Q4 2015 in Review
88 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2015, worth a combined $340M — up 8% from $315M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ETY and 7 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 29 added.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $4.59M. The largest seller was Parametric Portfolio Associates, cutting an estimated $3.41M.
- 88 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2015, down from 99 in Q3 2015.
- Funds reported $340M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2015, up 8% quarter-over-quarter.
- 7 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2015 and 18 closed out, a net change of -11 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2015 was Bank of Nova Scotia, an estimated $4.59M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2015 was Parametric Portfolio Associates, an estimated $3.41M sold.
Based on aggregated 13F filings for Q4 2015.