Eaton Vance Tax-Managed Diversified Equity Income Fund
154 hedge funds and large institutions have $372M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2021 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 22 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
4% more capital invested
Capital invested by funds: $359M → $372M (+$12.8M)
0.1% less ownership
Funds ownership: 19.33% → 19.23% (-0.1%)
4% less funds holding
Funds holding: 161 → 154 (-7)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$2.33M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.43M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.32M |
| 4 |
Goldman Sachs
New York
|
+$1.25M |
| 5 |
MPCG
Matrix Private Capital Group
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.2M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$2.72M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.75M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$882K |
| 5 |
Cerity Partners
New York
|
-$622K |
ETY Hedge Fund Activity: Q1 2021 in Review
154 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2021, worth a combined $372M — up 3.6% from $359M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ETY and 16 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 53 added.
The largest buyer was Cohen & Steers, adding an estimated $2.33M. The largest seller was Karpus Investment Management, cutting an estimated $8.2M.
- 154 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2021, down from 161 in Q4 2020.
- Funds reported $372M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2021, up 3.6% quarter-over-quarter.
- 16 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2021 and 22 closed out, a net change of -6 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2021 was Cohen & Steers, an estimated $2.33M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2021 was Karpus Investment Management, an estimated $8.2M sold.
Based on aggregated 13F filings for Q1 2021.