Eaton Vance Tax-Managed Diversified Equity Income Fund
152 hedge funds and large institutions have $405M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 27 reducing their positions, and 14 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 27
9% more capital invested
Capital invested by funds: $372M → $405M (+$32.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.3% less ownership
Funds ownership: 19.23% → 18.93% (-0.3%)
1% less funds holding
Funds holding: 154 → 152 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.56M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.01M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.41M |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$1.07M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.7M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$6.1M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.13M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.5M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$734K |
ETY Hedge Fund Activity: Q2 2021 in Review
152 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q2 2021, worth a combined $405M — up 8.8% from $372M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ETY and 12 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 57 added.
The largest buyer was Morgan Stanley, adding an estimated $6.56M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $11.7M sold.
- 152 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q2 2021, down from 154 in Q1 2021.
- Funds reported $405M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q2 2021, up 8.8% quarter-over-quarter.
- 12 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q2 2021 and 14 closed out, a net change of -2 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q2 2021 was Morgan Stanley, an estimated $6.56M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2021.