Eaton Vance Tax-Managed Diversified Equity Income Fund
108 hedge funds and large institutions have $289M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
17% more capital inflows, than outflows
Capital inflows: $24.2M | Capital outflows: $20.7M
14% more funds holding
Funds holding: 95 → 108 (+13)
0.21% more ownership
Funds ownership: 18.33% → 18.54% (+0.21%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
+$2.57M |
| 2 |
Citigroup
New York
|
+$2.22M |
| 3 |
Clough Capital Partners
Boston,
Massachusetts
|
+$2.22M |
| 4 |
Mariner Investment Group
Harrison,
New York
|
+$2.08M |
| 5 |
Karpus Investment Management
Pittsford,
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.42M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.47M |
| 3 |
Morgan Stanley
New York
|
-$3.4M |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
-$2.35M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.91M |
ETY Hedge Fund Activity: Q4 2016 in Review
108 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2016, worth a combined $289M — down 2.3% from $296M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ETY positions and 11 closed out — a net gain of 15 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.57M. The largest seller was Pointe Capital Management, exiting entirely with an estimated $4.42M sold.
- 108 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2016, up from 95 in Q3 2016.
- Funds reported $289M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2016, down 2.3% quarter-over-quarter.
- 26 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2016 and 11 closed out, a net change of +15 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $2.57M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2016 was Pointe Capital Management, an estimated $4.42M sold.
Based on aggregated 13F filings for Q4 2016.