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Eaton Vance Tax-Managed Diversified Equity Income Fund

146 hedge funds and large institutions have $308M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 32 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

56% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 32

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

17% more capital invested

Capital invested by funds: $264M → $308M (+$44.1M)

3% more funds holding

Funds holding: 142146 (+4)

0.12% more ownership

Funds ownership: 18.67%18.8% (+0.12%)

Holders
146
Holders Change
+4
Holders Change %
+2.82%
% of All Funds
2.99%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
15
Increased
50
Reduced
32
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$126M -$3.22M -311,199 -3%
KIM
2
Karpus Investment Management
New York
$23.5M +$1.59M +153,283 +8%
Invesco
3
Invesco
Georgia
$18.1M +$1.54M +148,887 +10%
RA
4
RFG Advisory
Alabama
$17.8M -$80.7K -7,801 -0.5%
RJA
5
Raymond James & Associates
Florida
$10.6M +$756K +73,033 +8%
GC
6
Guggenheim Capital
Illinois
$10M -$426K -41,183 -4%
Wells Fargo
7
Wells Fargo
California
$6.78M -$506K -48,895 -7%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$6.04M -$360K -34,777 -6%
Bank of America
9
Bank of America
North Carolina
$5.57M -$782K -75,534 -13%
UBS Group
10
UBS Group
Switzerland
$5.08M -$1.45M -139,872 -23%
PAG
11
Private Advisor Group
New Jersey
$4.87M +$26.8K +2,590 +0.6%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$4.5M +$4.32M +417,433 New
Ameriprise
13
Ameriprise
Minnesota
$4.43M +$170K +16,395 +4%
AAM
14
Advisors Asset Management
Colorado
$3.53M +$74.7K +7,217 +2%
Stifel Financial
15
Stifel Financial
Missouri
$3.29M +$90K +8,697 +3%
HighTower Advisors
16
HighTower Advisors
Illinois
$3.23M -$501K -48,364 -14%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$3.01M -$171K -16,478 -6%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$2.99M +$304K +29,370 +12%
Cohen & Steers
19
Cohen & Steers
New York
$2.91M +$1.37M +132,108 +96%
LPL Financial
20
LPL Financial
California
$2.86M +$116K +11,211 +4%
PCM
21
Pointe Capital Management
Michigan
$2.62M -$177K -17,111 -7%
Osaic Holdings
22
Osaic Holdings
Arizona
$2.47M +$66.8K +6,453 +3%
PCM
23
Parsons Capital Management
Rhode Island
$2.22M +$828 +80 +0%
ACA
24
Aptus Capital Advisors
Alabama
$2.1M +$34.5K +3,335 +2%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$1.67M +$23.9K +2,306 +2%

ETY Hedge Fund Activity: Q2 2020 in Review

146 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q2 2020, worth a combined $308M — up 17% from $264M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new ETY positions and 11 closed out — a net gain of 4 holders — while 50 added to existing stakes and 32 trimmed.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $4.32M. The largest seller was Morgan Stanley, cutting an estimated $3.22M.

  • 146 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q2 2020, up from 142 in Q1 2020.
  • Funds reported $308M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q2 2020, up 17% quarter-over-quarter.
  • 15 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q2 2020 and 11 closed out, a net change of +4 holders.
  • The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $4.32M added.
  • The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q2 2020 was Morgan Stanley, an estimated $3.22M sold.

Based on aggregated 13F filings for Q2 2020.