Eaton Vance Tax-Managed Diversified Equity Income Fund
125 hedge funds and large institutions have $324M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 10 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
3% more funds holding
Funds holding: 121 → 125 (+4)
5% more capital invested
Capital invested by funds: $309M → $324M (+$15.1M)
0.05% less ownership
Funds ownership: 17.31% → 17.26% (-0.05%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.56M |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$1.33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.15M |
| 4 |
LPL Financial
San Diego,
California
|
+$943K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$916K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$7.22M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.98M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.34M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.31M |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$593K |
ETY Hedge Fund Activity: Q4 2019 in Review
125 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2019, worth a combined $324M — up 4.9% from $309M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ETY positions and 10 closed out — a net gain of 5 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.56M. The largest seller was Advocacy Wealth Management Services, cutting an estimated $7.22M.
- 125 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2019, up from 121 in Q3 2019.
- Funds reported $324M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2019, up 4.9% quarter-over-quarter.
- 15 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2019 and 10 closed out, a net change of +5 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2019 was Morgan Stanley, an estimated $3.56M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2019 was Advocacy Wealth Management Services, an estimated $7.22M sold.
Based on aggregated 13F filings for Q4 2019.