Eaton Vance Tax-Managed Global Diversified Equity Income Fund
157 hedge funds and large institutions have $379M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 42 reducing their positions, and 27 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 42
18% more capital invested
Capital invested by funds: $321M → $379M (+$57.9M)
1.16% more ownership
Funds ownership: 14.27% → 15.43% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
1% less funds holding
Funds holding: 159 → 157 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$6.28M |
| 2 |
Morgan Stanley
New York
|
+$5.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.45M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.82M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.11M |
| 2 |
AGM
Alpine Global Management
New York
|
-$1.23M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.18M |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$846K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$643K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWMS
176
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$30K | -4,000 | Closed |
|
|
RFC
177
Regions Financial Corp
Birmingham,
Alabama
| – | -$16K | -2,100 | Closed |
|
|
TNBTD
178
Trustmark National Bank Trust Department
Jackson,
Mississippi
| – | -$11K | -1,430 | Closed |
|
|
BCM
179
Brasada Capital Management
Houston,
Texas
| – | -$7K | -1,000 | Closed |
|
|
FHA
180
First Horizon Advisors
Memphis,
Tennessee
| – | -$6K | -834 | Closed |
|
|
LF
181
Lee Financial
Dallas,
Texas
| – | -$4K | -479 | Closed |
|
|
MWM
182
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$2K | -300 | Closed |
|
|
DWM
183
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$1K | -69 | Closed |
|
184
Fidelity Investments
Boston,
Massachusetts
| – | -$8 | -1 | -33% |
|
|
CAM
185
Cresset Asset Management
Chicago,
Illinois
| – | +$87K | +11,000 | New |
|
EXG Hedge Fund Activity: Q1 2019 in Review
157 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q1 2019, worth a combined $379M — up 18% from $321M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of EXG and 26 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 53 added.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $6.28M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.11M sold.
- 157 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q1 2019, down from 159 in Q4 2018.
- Funds reported $379M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q1 2019, up 18% quarter-over-quarter.
- 26 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q1 2019 and 27 closed out, a net change of -1 holder.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q1 2019 was Doliver Advisors, an estimated $6.28M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q1 2019 was Weiss Asset Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2019.