Eaton Vance Tax-Managed Global Diversified Equity Income Fund
163 hedge funds and large institutions have $371M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 23 closing their positions.
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
24% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 41
5% more funds holding
Funds holding: 155 → 163 (+8)
2.8% more ownership
Funds ownership: 16.41% → 19.21% (+2.8%)
15% less capital invested
Capital invested by funds: $436M → $371M (-$65.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$27.5M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$17.3M |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$10.9M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$6.99M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.94M |
| 2 |
Morgan Stanley
New York
|
-$3.61M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.24M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.04M |
| 5 |
KFP
KMG Fiduciary Partners
Toledo,
Ohio
|
-$958K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPC
176
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$99K | -11,318 | Closed |
|
|
IWM
177
IHT Wealth Management
Chicago,
Illinois
| – | -$89K | -10,172 | Closed |
|
|
MA
178
MUFG Americas
New York
| – | -$88K | -10,071 | Closed |
|
|
IF
179
Ironwood Financial
Tucson,
Arizona
| – | -$44K | -5,000 | Closed |
|
|
RIA
180
Realta Investment Advisors
Wilmington,
Delaware
| – | -$28K | -3,250 | Closed |
|
|
LWA
181
Lenox Wealth Advisors
New York
| – | -$27K | -3,090 | Closed |
|
|
FANJ
182
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$25K | -2,800 | Closed |
|
|
VRM
183
Vectors Research Management
New York
| – | -$4K | -500 | Closed |
|
|
AWA
184
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$2.71K | -297 | Closed |
|
185
Fidelity Investments
Boston,
Massachusetts
| – | +$8 | +1 | +100% |
|
EXG Hedge Fund Activity: Q1 2020 in Review
163 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q1 2020, worth a combined $371M — down 15% from $436M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new EXG positions and 23 closed out — a net gain of 11 holders — while 51 added to existing stakes and 41 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $27.5M. The largest seller was UBS Group, cutting an estimated $4.94M.
- 163 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q1 2020, up from 155 in Q4 2019.
- Funds reported $371M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q1 2020, down 15% quarter-over-quarter.
- 34 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q1 2020 and 23 closed out, a net change of +11 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $27.5M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q1 2020 was UBS Group, an estimated $4.94M sold.
Based on aggregated 13F filings for Q1 2020.