Eaton Vance Tax-Managed Diversified Equity Income Fund
165 hedge funds and large institutions have $390M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 69 increasing their positions, 36 reducing their positions, and 14 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 36
12% more capital invested
Capital invested by funds: $349M → $390M (+$40.6M)
0.53% more ownership
Funds ownership: 19.34% → 19.88% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 170 → 165 (-5)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.11M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$1.58M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.44M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.19M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$933K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.33M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$748K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$655K |
| 4 |
Rockefeller Capital Management
New York
|
-$364K |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$333K |
ETY Hedge Fund Activity: Q2 2023 in Review
165 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q2 2023, worth a combined $390M — up 12% from $349M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ETY and 10 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 69 added.
The largest buyer was LPL Financial, adding an estimated $4.11M. The largest seller was Cetera Advisor Networks, cutting an estimated $3.33M.
- 165 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q2 2023, down from 170 in Q1 2023.
- Funds reported $390M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q2 2023, up 12% quarter-over-quarter.
- 10 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q2 2023 and 14 closed out, a net change of -4 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q2 2023 was LPL Financial, an estimated $4.11M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q2 2023 was Cetera Advisor Networks, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2023.