Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
104 hedge funds and large institutions have $299M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 17 closing their positions.
4% more capital invested
Capital invested by funds: $289M → $299M (+$10.3M)
0.59% less ownership
Funds ownership: 18.54% → 17.95% (-0.59%)
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
4% less funds holding
Funds holding: 108 → 104 (-4)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$5.79M |
| 2 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.99M |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$3.98M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.66M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.2M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.56M |
| 3 |
Citigroup
New York
|
-$2.33M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.22M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.07M |
ETY Hedge Fund Activity: Q1 2017 in Review
104 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2017, worth a combined $299M — up 3.6% from $289M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ETY and 14 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 29 added.
The largest buyer was RFG Advisory, opening a new position worth an estimated $5.79M. The largest seller was UBS Group, cutting an estimated $5.2M.
- 104 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2017, down from 108 in Q4 2016.
- Funds reported $299M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2017, up 3.6% quarter-over-quarter.
- 14 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2017 and 17 closed out, a net change of -3 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2017 was RFG Advisory, an estimated $5.79M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2017 was UBS Group, an estimated $5.2M sold.
Based on aggregated 13F filings for Q1 2017.