Eaton Vance Tax-Managed Diversified Equity Income Fund
97 hedge funds and large institutions have $289M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
0.51% less ownership
Funds ownership: 18.92% → 18.41% (-0.51%)
4% less funds holding
Funds holding: 101 → 97 (-4)
7% less capital invested
Capital invested by funds: $311M → $289M (-$22.1M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.95M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$3.79M |
| 3 |
Morgan Stanley
New York
|
+$2.47M |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$2.18M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$9.91M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.74M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.31M |
| 4 |
Cohen & Steers
New York
|
-$2.91M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.69M |
ETY Hedge Fund Activity: Q2 2016 in Review
97 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q2 2016, worth a combined $289M — down 7.1% from $311M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ETY and 13 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 32 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $3.95M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $9.91M sold.
- 97 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q2 2016, down from 101 in Q1 2016.
- Funds reported $289M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q2 2016, down 7.1% quarter-over-quarter.
- 13 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q2 2016 and 16 closed out, a net change of -3 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q2 2016 was Shaker Financial Services, an estimated $3.95M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $9.91M sold.
Based on aggregated 13F filings for Q2 2016.