Eaton Vance Tax-Managed Diversified Equity Income Fund
173 hedge funds and large institutions have $561M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 47 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more capital invested
Capital invested by funds: $375M → $561M (+$186M)
38% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 47
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
8.6% more ownership
Funds ownership: 20.64% → 29.24% (+8.6%)
1% less funds holding
Funds holding: 175 → 173 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$129M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$9.24M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.16M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.81M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TLFA
True Link Financial Advisors
San Francisco,
California
|
-$1.51M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.08M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$793K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$623K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$548K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
176
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$548K | -48,129 | Closed |
|
177
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$430K | -37,235 | Closed |
|
|
OCM
178
One Capital Management
Westlake Village,
California
| – | -$391K | -33,925 | Closed |
|
|
EC
179
Elequin Capital
New York
| – | -$378K | -32,778 | Closed |
|
180
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$234K | -20,286 | Closed |
|
|
SFC
181
Strategic Financial Concepts
San Antonio,
Texas
| – | -$227K | -19,650 | Closed |
|
182
Walleye Capital
New York
| – | -$220K | -19,030 | Closed |
|
|
RIG
183
RiverFront Investment Group
Richmond,
Virginia
| – | -$175K | -15,150 | Closed |
|
|
SPC
184
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$146K | -12,638 | Closed |
|
|
SCA
185
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$32.6K | -2,826 | Closed |
|
|
KHC
186
Koesten Hirschmann & Crabtree
Overland Park,
Kansas
| – | -$27K | -2,343 | Closed |
|
|
BFEC
187
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$17K | -1,430 | Closed |
|
ETY Hedge Fund Activity: Q4 2023 in Review
173 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2023, worth a combined $561M — up 50% from $375M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ETY positions and 13 closed out — a net gain of 2 holders — while 65 added to existing stakes and 47 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $129M. The largest seller was True Link Financial Advisors, exiting entirely with an estimated $1.51M sold.
- 173 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2023, down from 175 in Q3 2023.
- Funds reported $561M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2023, up 50% quarter-over-quarter.
- 15 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2023 and 13 closed out, a net change of +2 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $129M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2023 was True Link Financial Advisors, an estimated $1.51M sold.
Based on aggregated 13F filings for Q4 2023.