Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
173 hedge funds and large institutions have $418M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 48
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
12% more capital invested
Capital invested by funds: $375M → $418M (+$43.5M)
1.17% more ownership
Funds ownership: 20.64% → 21.82% (+1.2%)
1% less funds holding
Funds holding: 175 → 173 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$9.24M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.16M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.81M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.34M |
| 5 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.77M |
| 2 |
TLFA
True Link Financial Advisors
San Francisco,
California
|
-$1.51M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.08M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$793K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
-$623K |
ETY Hedge Fund Activity: Q4 2023 in Review
173 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q4 2023, worth a combined $418M — up 12% from $375M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ETY positions and 13 closed out — a net gain of 2 holders — while 65 added to existing stakes and 48 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $9.24M. The largest seller was Morgan Stanley, cutting an estimated $6.77M.
- 173 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q4 2023, down from 175 in Q3 2023.
- Funds reported $418M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q4 2023, up 12% quarter-over-quarter.
- 15 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q4 2023 and 13 closed out, a net change of +2 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q4 2023 was Cornerstone Advisors, an estimated $9.24M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q4 2023 was Morgan Stanley, an estimated $6.77M sold.
Based on aggregated 13F filings for Q4 2023.