Eaton Vance Tax-Managed Diversified Equity Income Fund
99 hedge funds and large institutions have $315M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
6% more funds holding
Funds holding: 93 → 99 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 20.34% → 20.32% (-0.02%)
10% less capital invested
Capital invested by funds: $349M → $315M (-$33.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.8M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.11M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.01M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$977K |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.15M |
| 3 |
Lazard Asset Management
New York
|
-$1.41M |
| 4 |
Cohen & Steers
New York
|
-$1.07M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
I
101
IberiaBank
Lafayette,
Louisiana
| – | -$205K | -18,000 | Closed |
|
|
SIC
102
Schwartz Investment Counsel
Plymouth,
Michigan
| – | -$171K | -15,000 | Closed |
|
103
KeyBank National Association
Cleveland,
Ohio
| – | -$159K | -13,958 | Closed |
|
104
Jane Street
New York
| – | -$141K | -12,426 | Closed |
|
|
SSG
105
Summit Securities Group
New York
| – | -$41K | -3,600 | Closed |
|
|
SF
106
Synovus Financial
Columbus,
Georgia
| – | -$18K | -1,579 | Closed |
|
|
AWM
107
Avior Wealth Management
Omaha,
Nebraska
| – | -$17K | -1,535 | Closed |
|
|
CTB
108
Country Trust Bank
Bloomington,
Illinois
| – | -$10K | -897 | -100% |
|
109
Barclays
London,
United Kingdom
| – | -$771 | -69 | -69% |
|
ETY Hedge Fund Activity: Q3 2015 in Review
99 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q3 2015, worth a combined $315M — down 9.7% from $349M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ETY positions and 9 closed out — a net gain of 7 holders — while 32 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.8M. The largest seller was Invesco, cutting an estimated $5.24M.
- 99 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q3 2015, up from 93 in Q2 2015.
- Funds reported $315M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q3 2015, down 9.7% quarter-over-quarter.
- 16 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q3 2015 and 9 closed out, a net change of +7 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q3 2015 was Morgan Stanley, an estimated $3.8M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q3 2015 was Invesco, an estimated $5.24M sold.
Based on aggregated 13F filings for Q3 2015.