Eaton Vance Tax-Managed Diversified Equity Income Fund
95 hedge funds and large institutions have $296M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 10 closing their positions.
2% more capital invested
Capital invested by funds: $289M → $296M (+$7.16M)
0.07% less ownership
Funds ownership: 18.41% → 18.33% (-0.07%)
2% less funds holding
Funds holding: 97 → 95 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
28% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.49M |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$2.61M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$809K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.22M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.94M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.9M |
| 4 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$2.25M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
101
Landscape Capital Management
Englewood,
New Jersey
| – | -$132K | -12,693 | Closed |
|
|
MWM
102
Mission Wealth Management
Santa Barbara,
California
| – | -$130K | -12,499 | Closed |
|
|
WJA
103
Williams Jones & Associates
New York
| – | -$112K | -10,800 | Closed |
|
104
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$77K | -7,473 | Closed |
|
|
TWA
105
TCI Wealth Advisors
Tucson,
Arizona
| – | -$17K | -1,600 | Closed |
|
|
FANJ
106
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$11K | -1,093 | Closed |
|
ETY Hedge Fund Activity: Q3 2016 in Review
95 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q3 2016, worth a combined $296M — up 2.5% from $289M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ETY and 8 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $10.8M. The largest seller was 1832 Asset Management, cutting an estimated $4.22M.
- 95 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q3 2016, down from 97 in Q2 2016.
- Funds reported $296M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q3 2016, up 2.5% quarter-over-quarter.
- 8 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q3 2016 and 10 closed out, a net change of -2 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q3 2016 was Morgan Stanley, an estimated $10.8M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q3 2016 was 1832 Asset Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q3 2016.