Eaton Vance Tax-Managed Global Diversified Equity Income Fund
132 hedge funds and large institutions have $361M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
10% more funds holding
Funds holding: 120 → 132 (+12)
0.76% more ownership
Funds ownership: 14.18% → 14.94% (+0.76%)
3% less capital invested
Capital invested by funds: $371M → $361M (-$9.93M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$4.49M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$3.56M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.02M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.4M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.39M |
| 2 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.65M |
| 3 |
Cohen & Steers
New York
|
-$1.32M |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
-$1.24M |
| 5 |
Citigroup
New York
|
-$627K |
EXG Hedge Fund Activity: Q4 2016 in Review
132 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q4 2016, worth a combined $361M — down 2.7% from $371M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EXG positions and 15 closed out — a net gain of 14 holders — while 42 added to existing stakes and 32 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $4.49M. The largest seller was Morgan Stanley, cutting an estimated $5.39M.
- 132 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q4 2016, up from 120 in Q3 2016.
- Funds reported $361M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q4 2016, down 2.7% quarter-over-quarter.
- 29 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q4 2016 and 15 closed out, a net change of +14 holders.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q4 2016 was Bank of Nova Scotia, an estimated $4.49M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q4 2016 was Morgan Stanley, an estimated $5.39M sold.
Based on aggregated 13F filings for Q4 2016.