Eaton Vance Tax-Managed Global Diversified Equity Income Fund
121 hedge funds and large institutions have $380M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 19 reducing their positions, and 17 closing their positions.
179% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 19
6% more capital invested
Capital invested by funds: $359M → $380M (+$20.6M)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 120 → 121 (+1)
0.23% less ownership
Funds ownership: 13.98% → 13.75% (-0.23%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.09M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.03M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.46M |
| 4 |
FSA
Financial Sense Advisors
San Diego,
California
|
+$1.21M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$6.53M |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$5.74M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.41M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.38M |
| 5 |
Millennium Management
New York
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTI
126
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$847K | -99,357 | Closed |
|
|
WAM
127
Wolverine Asset Management
Chicago,
Illinois
| – | -$807K | -94,752 | Closed |
|
|
CRC
128
Curi RMB Capital
Chicago,
Illinois
| – | -$391K | -45,941 | Closed |
|
|
SFS
129
Shaker Financial Services
Arlington,
Virginia
| – | -$311K | -36,500 | Closed |
|
|
TSS
130
Two Sigma Securities
New York
| – | -$248K | -29,098 | Closed |
|
|
SCM
131
Sterneck Capital Management
Kansas City,
Missouri
| – | -$182K | -21,400 | Closed |
|
|
CG
132
Caprock Group
Boise,
Idaho
| – | -$163K | -19,077 | Closed |
|
|
CG
133
CFO4Life Group
Coppell,
Texas
| – | -$107K | -12,560 | Closed |
|
134
Truist Financial
Charlotte,
North Carolina
| – | -$100K | -11,760 | Closed |
|
|
HT
135
Heritage Trust
Oklahoma City,
Oklahoma
| – | -$32K | -3,750 | Closed |
|
|
FPF
136
FNY Partners Fund
New York
| – | -$8K | -1,000 | Closed |
|
|
PFBT
137
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$9K | -1,000 | Closed |
|
|
HI
138
Hudock Inc
Williamsport,
Pennsylvania
| – | -$1K | -200 | Closed |
|
EXG Hedge Fund Activity: Q2 2017 in Review
121 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q2 2017, worth a combined $380M — up 5.7% from $359M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EXG positions and 17 closed out — a net gain of 1 holder — while 53 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.09M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $6.53M sold.
- 121 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q2 2017, up from 120 in Q1 2017.
- Funds reported $380M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q2 2017, up 5.7% quarter-over-quarter.
- 18 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q2 2017 and 17 closed out, a net change of +1 holder.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q2 2017 was Morgan Stanley, an estimated $8.09M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q2 2017 was Clough Capital Partners, an estimated $6.53M sold.
Based on aggregated 13F filings for Q2 2017.