Eaton Vance Tax-Managed Diversified Equity Income Fund
77 hedge funds and large institutions have $287M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 14 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
0.15% more ownership
Funds ownership: 18.73% → 18.88% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $290M → $287M (-$3.53M)
5% less funds holding
Funds holding: 81 → 77 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.35M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.41M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.23M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$835K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$6.74M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$4.45M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.83M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.3M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.03M |
ETY Hedge Fund Activity: Q3 2013 in Review
77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q3 2013, worth a combined $287M — down 1.2% from $290M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ETY and 10 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $8.35M. The largest seller was Relative Value Partners, cutting an estimated $6.74M.
- 77 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q3 2013, down from 81 in Q2 2013.
- Funds reported $287M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q3 2013, down 1.2% quarter-over-quarter.
- 10 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q3 2013 and 14 closed out, a net change of -4 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q3 2013 was Morgan Stanley, an estimated $8.35M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q3 2013 was Relative Value Partners, an estimated $6.74M sold.
Based on aggregated 13F filings for Q3 2013.