Eaton Vance Tax-Managed Diversified Equity Income Fund
115 hedge funds and large institutions have $297M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 48 increasing their positions, 23 reducing their positions, and 18 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 23
3% more capital invested
Capital invested by funds: $287M → $297M (+$9.85M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.28% less ownership
Funds ownership: 18.7% → 17.41% (-1.3%)
8% less funds holding
Funds holding: 125 → 115 (-10)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$2.56M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.14M |
| 3 |
Morgan Stanley
New York
|
+$862K |
| 4 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$825K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$18.2M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.13M |
| 3 |
AGM
Alpine Global Management
New York
|
-$1.58M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.56M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
ETY Hedge Fund Activity: Q1 2019 in Review
115 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2019, worth a combined $297M — up 3.4% from $287M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ETY and 8 opened new positions — a net loss of 10 holders — while 23 trimmed existing stakes and 48 added.
The largest buyer was RFG Advisory, adding an estimated $2.56M. The largest seller was Advocacy Wealth Management Services, cutting an estimated $18.2M.
- 115 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2019, down from 125 in Q4 2018.
- Funds reported $297M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2019, up 3.4% quarter-over-quarter.
- 8 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2019 and 18 closed out, a net change of -10 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2019 was RFG Advisory, an estimated $2.56M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2019 was Advocacy Wealth Management Services, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2019.