Eaton Vance Tax-Managed Global Diversified Equity Income Fund
120 hedge funds and large institutions have $359M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
1% less capital invested
Capital invested by funds: $365M → $359M (-$5.39M)
1.09% less ownership
Funds ownership: 15.07% → 13.98% (-1.1%)
9% less funds holding
Funds holding: 132 → 120 (-12)
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.42M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$4.03M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.4M |
| 4 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$13M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$4.37M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$3.46M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.39M |
EXG Hedge Fund Activity: Q1 2017 in Review
120 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q1 2017, worth a combined $359M — down 1.5% from $365M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EXG and 14 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 41 added.
The largest buyer was Morgan Stanley, adding an estimated $6.42M. The largest seller was Bank of Montreal, cutting an estimated $13.7M.
- 120 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q1 2017, down from 132 in Q4 2016.
- Funds reported $359M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q1 2017, down 1.5% quarter-over-quarter.
- 14 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q1 2017 and 23 closed out, a net change of -9 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q1 2017 was Morgan Stanley, an estimated $6.42M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q1 2017 was Bank of Montreal, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2017.