Eaton Vance Tax-Managed Diversified Equity Income Fund
106 hedge funds and large institutions have $348M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 20 reducing their positions, and 12 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 20
13% more capital invested
Capital invested by funds: $308M → $348M (+$40.1M)
0.96% more ownership
Funds ownership: 17.66% → 18.63% (+0.96%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 109 → 106 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.1M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$4.34M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.72M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.35M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$2.75M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.14M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.07M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$791K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$428K |
ETY Hedge Fund Activity: Q2 2018 in Review
106 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q2 2018, worth a combined $348M — up 13% from $308M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ETY and 9 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 40 added.
The largest buyer was Morgan Stanley, adding an estimated $12.1M. The largest seller was Cohen & Steers, cutting an estimated $2.75M.
- 106 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q2 2018, down from 109 in Q1 2018.
- Funds reported $348M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q2 2018, up 13% quarter-over-quarter.
- 9 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q2 2018 and 12 closed out, a net change of -3 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q2 2018 was Morgan Stanley, an estimated $12.1M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q2 2018 was Cohen & Steers, an estimated $2.75M sold.
Based on aggregated 13F filings for Q2 2018.