Eaton Vance Tax-Managed Diversified Equity Income Fund
86 hedge funds and large institutions have $323M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
12% more capital invested
Capital invested by funds: $287M → $323M (+$35.7M)
12% more funds holding
Funds holding: 77 → 86 (+9)
0.76% more ownership
Funds ownership: 18.88% → 19.64% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.6M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.72M |
| 3 |
Cohen & Steers
New York
|
+$1.92M |
| 4 |
SG Americas Securities
New York
|
+$1.86M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.79M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.06M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.15M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.12M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.09M |
ETY Hedge Fund Activity: Q4 2013 in Review
86 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2013, worth a combined $323M — up 12% from $287M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ETY positions and 4 closed out — a net gain of 11 holders — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.6M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.79M.
- 86 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2013, up from 77 in Q3 2013.
- Funds reported $323M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2013, up 12% quarter-over-quarter.
- 15 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2013 and 4 closed out, a net change of +11 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2013 was Morgan Stanley, an estimated $9.6M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2013 was Rivernorth Capital Management, an estimated $3.79M sold.
Based on aggregated 13F filings for Q4 2013.