Eaton Vance Tax-Managed Global Diversified Equity Income Fund
107 hedge funds and large institutions have $480M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 104 → 107 (+3)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.45% less ownership
Funds ownership: 17.41% → 16.96% (-0.45%)
2% less capital invested
Capital invested by funds: $489M → $480M (-$9.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.95M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.19M |
| 4 |
Barclays
London,
United Kingdom
|
+$1.26M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.99M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$8.15M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$7.96M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.87M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.49M |
EXG Hedge Fund Activity: Q3 2013 in Review
107 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q3 2013, worth a combined $480M — down 1.9% from $489M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EXG positions and 12 closed out — a net gain of 3 holders — while 34 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.95M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $8.99M sold.
- 107 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q3 2013, up from 104 in Q2 2013.
- Funds reported $480M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q3 2013, down 1.9% quarter-over-quarter.
- 15 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q3 2013 and 12 closed out, a net change of +3 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q3 2013 was Morgan Stanley, an estimated $6.95M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q3 2013 was Rivernorth Capital Management, an estimated $8.99M sold.
Based on aggregated 13F filings for Q3 2013.