Eaton Vance Tax-Managed Global Diversified Equity Income Fund
126 hedge funds and large institutions have $388M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 49 increasing their positions, 29 reducing their positions, and 30 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 29
0.11% more ownership
Funds ownership: 13.99% → 14.1% (+0.11%)
2% less capital invested
Capital invested by funds: $396M → $388M (-$8.04M)
14% less funds holding
Funds holding: 146 → 126 (-20)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
63% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.42M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.75M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$2.51M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.29M |
| 2 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$3.02M |
| 3 |
Millennium Management
New York
|
-$1.94M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.05M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$832K |
EXG Hedge Fund Activity: Q1 2018 in Review
126 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q1 2018, worth a combined $388M — down 2% from $396M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of EXG and 11 opened new positions — a net loss of 19 holders — while 29 trimmed existing stakes and 49 added.
The largest buyer was Morgan Stanley, adding an estimated $6.42M. The largest seller was Invesco, cutting an estimated $3.29M.
- 126 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q1 2018, down from 146 in Q4 2017.
- Funds reported $388M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q1 2018, down 2% quarter-over-quarter.
- 11 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q1 2018 and 30 closed out, a net change of -19 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q1 2018 was Morgan Stanley, an estimated $6.42M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q1 2018 was Invesco, an estimated $3.29M sold.
Based on aggregated 13F filings for Q1 2018.