Eaton Vance Tax-Managed Diversified Equity Income Fund
181 hedge funds and large institutions have $481M invested in Eaton Vance Tax-Managed Diversified Equity Income Fund in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 73 increasing their positions, 42 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
74% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 42
5% more funds holding
Funds holding: 173 → 181 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6.33% less ownership
Funds ownership: 29.24% → 22.91% (-6.3%)
14% less capital invested
Capital invested by funds: $561M → $481M (-$79.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$9.68M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$1.61M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.5M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.21M |
| 5 |
Cohen & Steers
New York
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$147M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.12M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$795K |
| 4 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$693K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$390K |
ETY Hedge Fund Activity: Q1 2024 in Review
181 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) for Q1 2024, worth a combined $481M — down 14% from $561M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ETY positions and 10 closed out — a net gain of 9 holders — while 73 added to existing stakes and 42 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $9.68M. The largest seller was Morgan Stanley, cutting an estimated $147M.
- 181 institutional investors held Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) as of Q1 2024, up from 173 in Q4 2023.
- Funds reported $481M of Eaton Vance Tax-Managed Diversified Equity Income Fund stock for Q1 2024, down 14% quarter-over-quarter.
- 19 funds opened new Eaton Vance Tax-Managed Diversified Equity Income Fund positions in Q1 2024 and 10 closed out, a net change of +9 holders.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund buyer in Q1 2024 was Cornerstone Advisors, an estimated $9.68M added.
- The largest Eaton Vance Tax-Managed Diversified Equity Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2024.