Eaton Vance Tax-Managed Diversified Equity Income Fund
161 hedge funds and large institutions have $369M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 13 closing their positions.
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
61% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 31
19% more capital invested
Capital invested by funds: $310M → $369M (+$59M)
12% more funds holding
Funds holding: 144 → 161 (+17)
0.57% more ownership
Funds ownership: 18.76% → 19.33% (+0.57%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.45M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.23M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$2.63M |
| 4 |
MPCG
Matrix Private Capital Group
New York
|
+$1.65M |
| 5 |
Cohen & Steers
New York
|
+$873K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.29M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$3.68M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.8M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.32M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$963K |
ETY Hedge Fund Activity: Q4 2020 in Review
161 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2020, worth a combined $369M — up 19% from $310M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ETY positions and 13 closed out — a net gain of 18 holders — while 50 added to existing stakes and 31 trimmed.
The largest buyer was UBS Group, adding an estimated $3.45M. The largest seller was Karpus Investment Management, cutting an estimated $6.29M.
- 161 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2020, up from 144 in Q3 2020.
- Funds reported $369M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2020, up 19% quarter-over-quarter.
- 31 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2020 and 13 closed out, a net change of +18 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2020 was UBS Group, an estimated $3.45M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2020 was Karpus Investment Management, an estimated $6.29M sold.
Based on aggregated 13F filings for Q4 2020.