Eaton Vance Tax-Managed Diversified Equity Income Fund
121 hedge funds and large institutions have $309M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
3% more funds holding
Funds holding: 117 → 121 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.2% less ownership
Funds ownership: 17.51% → 17.31% (-0.2%)
3% less capital invested
Capital invested by funds: $317M → $309M (-$8.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Parsons Capital Management
Providence,
Rhode Island
|
+$2.57M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.5M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.05M |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$792K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$3.51M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$2.34M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.64M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.45M |
| 5 |
Cohen & Steers
New York
|
-$1.41M |
ETY Hedge Fund Activity: Q3 2019 in Review
121 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q3 2019, worth a combined $309M — down 2.7% from $317M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ETY positions and 14 closed out — a net gain of 5 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Parsons Capital Management, opening a new position worth an estimated $2.57M. The largest seller was Seizert Capital Partners, exiting entirely with an estimated $3.51M sold.
- 121 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q3 2019, up from 117 in Q2 2019.
- Funds reported $309M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q3 2019, down 2.7% quarter-over-quarter.
- 19 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q3 2019 and 14 closed out, a net change of +5 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q3 2019 was Parsons Capital Management, an estimated $2.57M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q3 2019 was Seizert Capital Partners, an estimated $3.51M sold.
Based on aggregated 13F filings for Q3 2019.