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Eaton Vance Tax-Managed Global Diversified Equity Income Fund

159 hedge funds and large institutions have $321M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 25

29% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 35

10% more funds holding

Funds holding: 144159 (+15)

0.09% less ownership

Funds ownership: 14.36%14.27% (-0.09%)

24% less capital invested

Capital invested by funds: $421M → $321M (-$99.9M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
159
Holders Change
+15
Holders Change %
+10.42%
% of All Funds
3.54%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
40
Increased
45
Reduced
35
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$156M -$3.87M -454,508 -2%
Bank of America
2
Bank of America
North Carolina
$24.8M +$1.54M +180,383 +6%
Invesco
3
Invesco
Georgia
$14.2M -$2.75M -323,384 -14%
BCI
4
Brinker Capital Investments
Pennsylvania
$11.7M +$774K +90,896 +6%
GC
5
Guggenheim Capital
Illinois
$9.15M -$2.37M -278,202 -18%
UBS Group
6
UBS Group
Switzerland
$8.19M -$44.3K -5,205 -0.5%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$7.41M +$2.47M +290,543 +41%
AAM
8
Advisors Asset Management
Colorado
$5.76M -$1.15M -135,425 -15%
Ameriprise
9
Ameriprise
Minnesota
$5.34M +$228K +26,757 +4%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$5.3M +$1.7M +200,118 +39%
RJA
11
Raymond James & Associates
Florida
$5.25M -$611K -71,808 -9%
LPL Financial
12
LPL Financial
California
$4.95M +$453K +53,212 +9%
Cohen & Steers
13
Cohen & Steers
New York
$4.75M -$1.28M -150,743 -19%
Stifel Financial
14
Stifel Financial
Missouri
$3.31M -$3.64M -427,713 -49%
KFP
15
KMG Fiduciary Partners
Ohio
$3.11M +$3.55M +416,756 New
Wells Fargo
16
Wells Fargo
California
$3.09M -$292K -34,338 -8%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$2.93M +$1.21M +141,772 +57%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$2.72M +$367K +43,086 +13%
CI
19
Conning Inc
Connecticut
$2.52M +$73.8K +8,675 +3%
Citigroup
20
Citigroup
New York
$2.33M +$23.2K +2,729 +0.9%
PCM
21
Pointe Capital Management
Michigan
$2.3M -$64.6K -7,590 -2%
WAM
22
Weiss Asset Management
Massachusetts
$2.11M +$2.41M +282,588 New
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$2.09M -$321K -37,706 -12%
FWM
24
Focused Wealth Management
New York
$1.54M +$50K +5,873 +3%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$1.25M -$180K -21,154 -11%

EXG Hedge Fund Activity: Q4 2018 in Review

159 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q4 2018, worth a combined $321M — down 24% from $421M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new EXG positions and 25 closed out — a net gain of 15 holders — while 45 added to existing stakes and 35 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $2.47M. The largest seller was Formidable Asset Management, exiting entirely with an estimated $7.84M sold.

  • 159 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q4 2018, up from 144 in Q3 2018.
  • Funds reported $321M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q4 2018, down 24% quarter-over-quarter.
  • 40 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q4 2018 and 25 closed out, a net change of +15 holders.
  • The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q4 2018 was Royal Bank of Canada, an estimated $2.47M added.
  • The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q4 2018 was Formidable Asset Management, an estimated $7.84M sold.

Based on aggregated 13F filings for Q4 2018.