Eaton Vance Tax-Managed Diversified Equity Income Fund
109 hedge funds and large institutions have $308M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 23 reducing their positions, and 17 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 23
0.18% more ownership
Funds ownership: 17.49% → 17.66% (+0.18%)
4% less capital invested
Capital invested by funds: $321M → $308M (-$12.9M)
7% less funds holding
Funds holding: 117 → 109 (-8)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$4.08M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$2.36M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.18M |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$927K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$819K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$4.26M |
| 2 |
Morgan Stanley
New York
|
-$2.61M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$2.54M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$836K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$317K |
ETY Hedge Fund Activity: Q1 2018 in Review
109 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2018, worth a combined $308M — down 4% from $321M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ETY and 9 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 40 added.
The largest buyer was Stifel Financial, adding an estimated $4.08M. The largest seller was Starfire Investment Advisers, exiting entirely with an estimated $4.26M sold.
- 109 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2018, down from 117 in Q4 2017.
- Funds reported $308M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2018, down 4% quarter-over-quarter.
- 9 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2018 and 17 closed out, a net change of -8 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2018 was Stifel Financial, an estimated $4.08M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2018 was Starfire Investment Advisers, an estimated $4.26M sold.
Based on aggregated 13F filings for Q1 2018.