Eaton Vance Tax-Managed Diversified Equity Income Fund
101 hedge funds and large institutions have $311M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
15% more funds holding
Funds holding: 88 → 101 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.26% less ownership
Funds ownership: 20.17% → 18.92% (-1.3%)
9% less capital invested
Capital invested by funds: $340M → $311M (-$29.3M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $34K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$2.64M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$2.09M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$1.02M |
| 4 |
Cohen & Steers
New York
|
+$999K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$652K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.95M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$4.58M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.36M |
| 4 |
Morgan Stanley
New York
|
-$3.3M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
101
Joel Isaacson & Co
New York
| $2K | +$2.06K | +200 | New |
|
|
GWM
102
Geneos Wealth Management
Englewood,
Colorado
| $1K | +$1.7K | +165 | New |
|
|
103
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$4.58M | -409,134 | Closed |
|
104
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.29M | -115,000 | Closed |
|
105
Neuberger Berman Group
New York
| – | -$134K | -12,000 | Closed |
|
|
BW
106
Bison Wealth
Atlanta,
Georgia
| – | -$129K | -11,647 | Closed |
|
|
CWM
107
Cabot Wealth Management
Salem,
Massachusetts
| – | -$123K | -11,000 | Closed |
|
|
BBPWM
108
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$29.9K | -2,910 | -99% |
|
|
AIA
109
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$5K | -416 | Closed |
|
|
NMIS
110
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$4K | -325 | Closed |
|
ETY Hedge Fund Activity: Q1 2016 in Review
101 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2016, worth a combined $311M — down 8.6% from $340M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ETY positions and 8 closed out — a net gain of 13 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $2.64M. The largest seller was UBS Group, cutting an estimated $9.95M.
- 101 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2016, up from 88 in Q4 2015.
- Funds reported $311M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2016, down 8.6% quarter-over-quarter.
- 21 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2016 and 8 closed out, a net change of +13 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2016 was Advocacy Wealth Management Services, an estimated $2.64M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2016 was UBS Group, an estimated $9.95M sold.
Based on aggregated 13F filings for Q1 2016.