Eaton Vance Tax-Advantaged Dividend Income Fund
114 hedge funds and large institutions have $229M invested in Eaton Vance Tax-Advantaged Dividend Income Fund in 2020 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 10 closing their positions.
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
30% more capital invested
Capital invested by funds: $176M → $229M (+$52.7M)
20% more funds holding
Funds holding: 95 → 114 (+19)
1.01% more ownership
Funds ownership: 12.14% → 13.15% (+1%)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$5.88M |
| 2 |
Cohen & Steers
New York
|
+$4.14M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.35M |
| 5 |
Millennium Management
New York
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$6.27M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.32M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$985K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$935K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$849K |
EVT Hedge Fund Activity: Q4 2020 in Review
114 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) for Q4 2020, worth a combined $229M — up 30% from $176M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EVT positions and 10 closed out — a net gain of 19 holders — while 28 added to existing stakes and 27 trimmed.
The largest buyer was Formidable Asset Management, opening a new position worth an estimated $5.88M. The largest seller was Stratos Wealth Partners, cutting an estimated $6.27M.
- 114 institutional investors held Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) as of Q4 2020, up from 95 in Q3 2020.
- Funds reported $229M of Eaton Vance Tax-Advantaged Dividend Income Fund stock for Q4 2020, up 30% quarter-over-quarter.
- 29 funds opened new Eaton Vance Tax-Advantaged Dividend Income Fund positions in Q4 2020 and 10 closed out, a net change of +19 holders.
- The largest Eaton Vance Tax-Advantaged Dividend Income Fund buyer in Q4 2020 was Formidable Asset Management, an estimated $5.88M added.
- The largest Eaton Vance Tax-Advantaged Dividend Income Fund seller in Q4 2020 was Stratos Wealth Partners, an estimated $6.27M sold.
Based on aggregated 13F filings for Q4 2020.