Eaton Vance Tax-Managed Diversified Equity Income Fund
170 hedge funds and large institutions have $349M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 59 increasing their positions, 47 reducing their positions, and 16 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.43% less ownership
Funds ownership: 19.77% → 19.34% (-0.43%)
3% less funds holding
Funds holding: 175 → 170 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
44% less capital invested
Capital invested by funds: $626M → $349M (-$277M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GG
Golden Green
Seneca,
South Carolina
|
+$1.17M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.03M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$848K |
| 4 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$833K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.28M |
| 3 |
EC
Elequin Capital
New York
|
-$1.08M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$909K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$905K |
ETY Hedge Fund Activity: Q1 2023 in Review
170 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2023, worth a combined $349M — down 44% from $626M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ETY and 12 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 59 added.
The largest buyer was Golden Green, opening a new position worth an estimated $1.17M. The largest seller was Advisors Asset Management, cutting an estimated $1.55M.
- 170 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2023, down from 175 in Q4 2022.
- Funds reported $349M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2023, down 44% quarter-over-quarter.
- 12 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2023 and 16 closed out, a net change of -4 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2023 was Golden Green, an estimated $1.17M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2023 was Advisors Asset Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q1 2023.