Eaton Vance Tax-Managed Diversified Equity Income Fund
150 hedge funds and large institutions have $400M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 53 increasing their positions, 21 reducing their positions, and 11 closing their positions.
152% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 21
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
0.08% less ownership
Funds ownership: 18.93% → 18.86% (-0.08%)
1% less capital invested
Capital invested by funds: $405M → $400M (-$5.06M)
1% less funds holding
Funds holding: 152 → 150 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPCG
Matrix Private Capital Group
New York
|
+$1.33M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.21M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$833K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$595K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$2.12M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.46M |
| 3 |
Cohen & Steers
New York
|
-$1.24M |
| 4 |
Citigroup
New York
|
-$1.02M |
| 5 |
EM
ELCO Management
New York
|
-$862K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.46M | -103,459 | Closed |
|
|
EM
152
ELCO Management
New York
| – | -$862K | -61,250 | Closed |
|
|
HBCM
153
Heron Bay Capital Management
Bloomfield Hills,
Michigan
| – | -$494K | -35,120 | Closed |
|
154
Franklin Resources
San Mateo,
California
| – | -$337K | -23,945 | Closed |
|
155
Citadel Advisors
Miami,
Florida
| – | -$162K | -11,487 | Closed |
|
|
CW
156
CreativeOne Wealth
Overland Park,
Kansas
| – | -$151K | -10,764 | Closed |
|
|
CBA
157
Coastal Bridge Advisors
Westport,
Connecticut
| – | -$150K | -10,639 | Closed |
|
|
ASN
158
Advisory Services Network
Atlanta,
Georgia
| – | -$32K | -2,278 | Closed |
|
|
HFA
159
HC Financial Advisors
Lafayette,
California
| – | -$11K | -800 | Closed |
|
|
BBHC
160
Brown Brothers Harriman & Co
New York
| – | -$7 | -501 | Closed |
|
|
NFSG
161
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$1K | -75 | Closed |
|
162
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
ETY Hedge Fund Activity: Q3 2021 in Review
150 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q3 2021, worth a combined $400M — down 1.2% from $405M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ETY positions and 11 closed out — a net gain of 2 holders — while 53 added to existing stakes and 21 trimmed.
The largest buyer was Matrix Private Capital Group, adding an estimated $1.33M. The largest seller was RFG Advisory, cutting an estimated $2.12M.
- 150 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q3 2021, down from 152 in Q2 2021.
- Funds reported $400M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q3 2021, down 1.2% quarter-over-quarter.
- 13 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q3 2021 and 11 closed out, a net change of +2 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q3 2021 was Matrix Private Capital Group, an estimated $1.33M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q3 2021 was RFG Advisory, an estimated $2.12M sold.
Based on aggregated 13F filings for Q3 2021.