Eaton Vance Tax-Advantaged Dividend Income Fund
108 hedge funds and large institutions have $248M invested in Eaton Vance Tax-Advantaged Dividend Income Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 46 increasing their positions, 22 reducing their positions, and 12 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 22
5% more capital invested
Capital invested by funds: $236M → $248M (+$11.9M)
0.49% more ownership
Funds ownership: 14.14% → 14.63% (+0.49%)
4% less funds holding
Funds holding: 112 → 108 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$5.17M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.49M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$760K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$737K |
| 5 |
Rockefeller Capital Management
New York
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.3M |
| 2 |
Cohen & Steers
New York
|
-$816K |
| 3 |
Morgan Stanley
New York
|
-$559K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$538K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$524K |
EVT Hedge Fund Activity: Q2 2023 in Review
108 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) for Q2 2023, worth a combined $248M — up 5% from $236M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EVT and 9 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 46 added.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $5.17M. The largest seller was Bank of America, cutting an estimated $1.3M.
- 108 institutional investors held Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) as of Q2 2023, down from 112 in Q1 2023.
- Funds reported $248M of Eaton Vance Tax-Advantaged Dividend Income Fund stock for Q2 2023, up 5% quarter-over-quarter.
- 9 funds opened new Eaton Vance Tax-Advantaged Dividend Income Fund positions in Q2 2023 and 12 closed out, a net change of -3 holders.
- The largest Eaton Vance Tax-Advantaged Dividend Income Fund buyer in Q2 2023 was Cornerstone Advisors, an estimated $5.17M added.
- The largest Eaton Vance Tax-Advantaged Dividend Income Fund seller in Q2 2023 was Bank of America, an estimated $1.3M sold.
Based on aggregated 13F filings for Q2 2023.