Eaton Vance Tax-Managed Global Diversified Equity Income Fund
193 hedge funds and large institutions have $503M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 15 closing their positions.
160% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
21% more capital invested
Capital invested by funds: $417M → $503M (+$85.6M)
14% more funds holding
Funds holding: 169 → 193 (+24)
0.22% more ownership
Funds ownership: 18.71% → 18.93% (+0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$11M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.21M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.66M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.08M |
| 5 |
LB
Leo Brokerage
Hurst,
Texas
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$4.44M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.25M |
| 3 |
Morgan Stanley
New York
|
-$1.53M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.38M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JF
201
Jump Financial
Chicago,
Illinois
| – | -$79K | -10,800 | Closed |
|
|
VF
202
Virtu Financial
New York
| – | -$74K | -10,049 | Closed |
|
203
JP Morgan Chase
New York
| – | -$46K | -6,245 | Closed |
|
204
Barclays
London,
United Kingdom
| – | -$34K | -4,071 | Closed |
|
|
MRCM
205
M&R Capital Management
Summit,
New Jersey
| – | -$25K | -3,500 | Closed |
|
|
NFSG
206
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$15K | -2,008 | Closed |
|
207
Fidelity Investments
Boston,
Massachusetts
| – | +$8 | +1 | New |
|
|
SIAG
208
Safeguard Investment Advisory Group
Corona,
California
| – | +$121 | +15 | New |
|
EXG Hedge Fund Activity: Q4 2020 in Review
193 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q4 2020, worth a combined $503M — up 21% from $417M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new EXG positions and 15 closed out — a net gain of 24 holders — while 59 added to existing stakes and 48 trimmed.
The largest buyer was Formidable Asset Management, adding an estimated $11M. The largest seller was RFG Advisory, cutting an estimated $4.44M.
- 193 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q4 2020, up from 169 in Q3 2020.
- Funds reported $503M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q4 2020, up 21% quarter-over-quarter.
- 39 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q4 2020 and 15 closed out, a net change of +24 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q4 2020 was Formidable Asset Management, an estimated $11M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q4 2020 was RFG Advisory, an estimated $4.44M sold.
Based on aggregated 13F filings for Q4 2020.