Eaton Vance Tax-Managed Global Diversified Equity Income Fund
159 hedge funds and large institutions have $321M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 25 closing their positions.
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
29% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 35
10% more funds holding
Funds holding: 144 → 159 (+15)
0.09% less ownership
Funds ownership: 14.36% → 14.27% (-0.09%)
24% less capital invested
Capital invested by funds: $421M → $321M (-$99.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.47M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.41M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.54M |
| 5 |
AGM
Alpine Global Management
New York
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$7.84M |
| 2 |
Morgan Stanley
New York
|
-$3.87M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$3.64M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.75M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
176
SignatureFD
Atlanta,
Georgia
| – | -$21K | -2,176 | Closed |
|
|
FIB
177
First Interstate Bank
Billings,
Montana
| – | -$17K | -1,769 | Closed |
|
|
TPWA
178
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$16.5K | -1,740 | Closed |
|
|
VNA
179
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$14K | -1,500 | Closed |
|
|
CFA
180
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$12K | -1,294 | Closed |
|
|
APP
181
Avantax Planning Partners
Dubuque,
Iowa
| – | -$11K | -1,200 | Closed |
|
|
BA
182
Ballew Advisors
Jackson,
Mississippi
| – | -$9K | -1,050 | Closed |
|
|
CAG
183
Csenge Advisory Group
Clearwater,
Florida
| – | -$4K | -500 | Closed |
|
184
Fidelity Investments
Boston,
Massachusetts
| – | +$17 | +2 | +200% |
|
EXG Hedge Fund Activity: Q4 2018 in Review
159 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q4 2018, worth a combined $321M — down 24% from $421M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new EXG positions and 25 closed out — a net gain of 15 holders — while 45 added to existing stakes and 35 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.47M. The largest seller was Formidable Asset Management, exiting entirely with an estimated $7.84M sold.
- 159 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q4 2018, up from 144 in Q3 2018.
- Funds reported $321M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q4 2018, down 24% quarter-over-quarter.
- 40 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q4 2018 and 25 closed out, a net change of +15 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q4 2018 was Royal Bank of Canada, an estimated $2.47M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q4 2018 was Formidable Asset Management, an estimated $7.84M sold.
Based on aggregated 13F filings for Q4 2018.