Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
117 hedge funds and large institutions have $321M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more funds holding
Funds holding: 102 → 117 (+15)
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
8% more capital invested
Capital invested by funds: $296M → $321M (+$25.1M)
0.64% more ownership
Funds ownership: 16.85% → 17.49% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$6.82M |
| 2 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
+$4.15M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.48M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.33M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$6.69M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.64M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$848K |
| 4 |
Morgan Stanley
New York
|
-$737K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$500K |
ETY Hedge Fund Activity: Q4 2017 in Review
117 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2017, worth a combined $321M — up 8.5% from $296M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ETY positions and 7 closed out — a net gain of 15 holders — while 33 added to existing stakes and 30 trimmed.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $6.82M. The largest seller was Cohen & Steers, cutting an estimated $6.69M.
- 117 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2017, up from 102 in Q3 2017.
- Funds reported $321M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2017, up 8.5% quarter-over-quarter.
- 22 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2017 and 7 closed out, a net change of +15 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2017 was Advocacy Wealth Management Services, an estimated $6.82M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2017 was Cohen & Steers, an estimated $6.69M sold.
Based on aggregated 13F filings for Q4 2017.