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Eaton Vance Tax-Managed Diversified Equity Income Fund

83 hedge funds and large institutions have $341M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 18

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

7% more capital invested

Capital invested by funds: $320M → $341M (+$20.9M)

4% more funds holding

Funds holding: 8083 (+3)

0.35% more ownership

Funds ownership: 18.99%19.34% (+0.35%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
83
Holders Change
+3
Holders Change %
+3.75%
% of All Funds
2.39%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
28
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$85.6M +$7.03M +616,551 +9%
AAM
2
Advisors Asset Management
Colorado
$42.3M +$5M +438,747 +14%
U
3
UBS
Switzerland
$33.8M +$8.47M +743,508 +35%
RVP
4
Relative Value Partners
Illinois
$29.4M -$8.87M -778,267 -24%
Invesco
5
Invesco
Georgia
$28.8M +$74.5K +6,540 +0.3%
Cohen & Steers
6
Cohen & Steers
New York
$22.1M +$377K +33,086 +2%
GC
7
Guggenheim Capital
Illinois
$18.1M -$329K -28,869 -2%
PPA
8
Parametric Portfolio Associates
Washington
$17.7M -$2.5M -219,004 -13%
Bank of America
9
Bank of America
North Carolina
$13M +$6.98M +612,822 +122%
RJA
10
Raymond James & Associates
Florida
$4.97M +$32.9K +2,885 +0.7%
Wells Fargo
11
Wells Fargo
California
$3.84M +$200K +17,509 +6%
SG Americas Securities
12
SG Americas Securities
New York
$3.67M -$351K -30,800 -9%
LPL Financial
13
LPL Financial
California
$3.21M +$125K +10,940 +4%
PCM
14
Parsons Capital Management
Rhode Island
$2.92M +$347K +30,481 +14%
IMS
15
Index Management Solutions
Pennsylvania
$2.76M +$1.33M +116,400 +97%
Stifel Financial
16
Stifel Financial
Missouri
$2.56M +$23.8K +2,085 +1%
Lazard Asset Management
17
Lazard Asset Management
New York
$2.41M -$610K -53,500 -21%
BTS
18
BB&T Securities
Virginia
$2.28M -$19.4K -1,702 -8%
HighTower Advisors
19
HighTower Advisors
Illinois
$2.14M +$78.5K +6,889 +4%
1CP
20
1607 Capital Partners
Virginia
$1.56M -$2.99M -262,713 -66%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$1.29M -$130K -11,434 -9%
SFS
22
Shaker Financial Services
Virginia
$1.06M +$1.03M +90,226 New
1832 Asset Management
23
1832 Asset Management
Ontario, Canada
$1.05M -$6.95M -610,000 -87%
PAG
24
Private Advisor Group
New Jersey
$983K -$42.4K -3,724 -4%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$902K +$120K +10,519 +16%

ETY Hedge Fund Activity: Q2 2014 in Review

83 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q2 2014, worth a combined $341M — up 6.5% from $320M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ETY positions and 10 closed out — a net gain of 3 holders — while 28 added to existing stakes and 18 trimmed.

The largest buyer was UBS, adding an estimated $8.47M. The largest seller was Relative Value Partners, cutting an estimated $8.87M.

  • 83 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q2 2014, up from 80 in Q1 2014.
  • Funds reported $341M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q2 2014, up 6.5% quarter-over-quarter.
  • 13 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q2 2014 and 10 closed out, a net change of +3 holders.
  • The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q2 2014 was UBS, an estimated $8.47M added.
  • The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q2 2014 was Relative Value Partners, an estimated $8.87M sold.

Based on aggregated 13F filings for Q2 2014.