Eaton Vance Tax-Managed Global Diversified Equity Income Fund
116 hedge funds and large institutions have $502M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
8% more funds holding
Funds holding: 107 → 116 (+9)
4% more capital invested
Capital invested by funds: $482M → $502M (+$20.4M)
0.38% less ownership
Funds ownership: 16.96% → 16.58% (-0.38%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$8.61M |
| 2 |
SG Americas Securities
New York
|
+$4.01M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.23M |
| 4 |
Morgan Stanley
New York
|
+$3.05M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.79M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.76M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$4.05M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.73M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.43M |
EXG Hedge Fund Activity: Q4 2013 in Review
116 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q4 2013, worth a combined $502M — up 4.2% from $482M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new EXG positions and 10 closed out — a net gain of 11 holders — while 40 added to existing stakes and 34 trimmed.
The largest buyer was Glovista Investments, opening a new position worth an estimated $8.61M. The largest seller was Wells Fargo, cutting an estimated $8.79M.
- 116 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q4 2013, up from 107 in Q3 2013.
- Funds reported $502M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q4 2013, up 4.2% quarter-over-quarter.
- 21 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q4 2013 and 10 closed out, a net change of +11 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q4 2013 was Glovista Investments, an estimated $8.61M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q4 2013 was Wells Fargo, an estimated $8.79M sold.
Based on aggregated 13F filings for Q4 2013.