Eaton Vance Tax-Advantaged Dividend Income Fund
98 hedge funds and large institutions have $159M invested in Eaton Vance Tax-Advantaged Dividend Income Fund in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1.26% more ownership
Funds ownership: 11.53% → 12.79% (+1.3%)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
9% less funds holding
Funds holding: 108 → 98 (-10)
26% less capital invested
Capital invested by funds: $215M → $159M (-$56M)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.2M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$6.4M |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$6.25M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.53M |
| 5 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.1M |
| 2 |
JIC
Joel Isaacson & Co
New York
|
-$1.32M |
| 3 |
Cohen & Steers
New York
|
-$982K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$821K |
| 5 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$754K |
EVT Hedge Fund Activity: Q1 2020 in Review
98 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) for Q1 2020, worth a combined $159M — down 26% from $215M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of EVT and 17 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 23 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $10.2M. The largest seller was Bank of America, cutting an estimated $2.1M.
- 98 institutional investors held Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) as of Q1 2020, down from 108 in Q4 2019.
- Funds reported $159M of Eaton Vance Tax-Advantaged Dividend Income Fund stock for Q1 2020, down 26% quarter-over-quarter.
- 17 funds opened new Eaton Vance Tax-Advantaged Dividend Income Fund positions in Q1 2020 and 24 closed out, a net change of -7 holders.
- The largest Eaton Vance Tax-Advantaged Dividend Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $10.2M added.
- The largest Eaton Vance Tax-Advantaged Dividend Income Fund seller in Q1 2020 was Bank of America, an estimated $2.1M sold.
Based on aggregated 13F filings for Q1 2020.