Eaton Vance Tax-Managed Global Diversified Equity Income Fund
119 hedge funds and large institutions have $390M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 34
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
3% more capital invested
Capital invested by funds: $380M → $390M (+$9.72M)
0.07% more ownership
Funds ownership: 13.75% → 13.82% (+0.07%)
2% less funds holding
Funds holding: 121 → 119 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$5.95M |
| 2 |
Morgan Stanley
New York
|
+$3.49M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.95M |
| 4 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$925K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$863K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$4.39M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.36M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.18M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.19M |
| 5 |
Cohen & Steers
New York
|
-$872K |
EXG Hedge Fund Activity: Q3 2017 in Review
119 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q3 2017, worth a combined $390M — up 2.6% from $380M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new EXG positions and 16 closed out — a net gain of 1 holder — while 44 added to existing stakes and 34 trimmed.
The largest buyer was Formidable Asset Management, adding an estimated $5.95M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $4.39M sold.
- 119 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q3 2017, down from 121 in Q2 2017.
- Funds reported $390M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q3 2017, up 2.6% quarter-over-quarter.
- 17 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q3 2017 and 16 closed out, a net change of +1 holder.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q3 2017 was Formidable Asset Management, an estimated $5.95M added.
- The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q3 2017 was Bank of Nova Scotia, an estimated $4.39M sold.
Based on aggregated 13F filings for Q3 2017.