Eaton Vance Tax-Managed Global Diversified Equity Income Fund
125 hedge funds and large institutions have $396M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 41 reducing their positions, and 24 closing their positions.
0.33% less ownership
Funds ownership: 15.33% → 14.99% (-0.33%)
3% less capital invested
Capital invested by funds: $409M → $396M (-$12.9M)
10% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 41
7% less funds holding
Funds holding: 135 → 125 (-10)
42% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 24
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.7M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$3.21M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.45M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.21M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.56M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.07M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.66M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.11M |
| 5 |
Citigroup
New York
|
-$1.79M |
EXG Hedge Fund Activity: Q1 2016 in Review
125 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q1 2016, worth a combined $396M — down 3.1% from $409M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of EXG and 14 opened new positions — a net loss of 10 holders — while 41 trimmed existing stakes and 37 added.
The largest buyer was Bank of Montreal, adding an estimated $6.7M. The largest seller was Morgan Stanley, cutting an estimated $6.56M.
- 125 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q1 2016, down from 135 in Q4 2015.
- Funds reported $396M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q1 2016, down 3.1% quarter-over-quarter.
- 14 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q1 2016 and 24 closed out, a net change of -10 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q1 2016 was Bank of Montreal, an estimated $6.7M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q1 2016 was Morgan Stanley, an estimated $6.56M sold.
Based on aggregated 13F filings for Q1 2016.