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Eaton Vance Tax-Managed Global Diversified Equity Income Fund

242 hedge funds and large institutions have $573M invested in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 89 increasing their positions, 48 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 28

1% less funds holding

Funds holding: 245242 (-3)

5.72% less ownership

Funds ownership: 28.21%22.49% (-5.7%)

14% less capital invested

Capital invested by funds: $666M → $573M (-$92.9M)

Holders
242
Holders Change
-3
Holders Change %
-1.22%
% of All Funds
3.49%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
28
Increased
89
Reduced
48
Closed
28
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$184M -$172M -21,791,092 -49%
Invesco
2
Invesco
Georgia
$33.8M +$2.29M +290,052 +8%
KIM
3
Karpus Investment Management
New York
$22.7M +$128K +16,219 +0.6%
CA
4
Cornerstone Advisors
North Carolina
$22.2M +$6.53M +827,496 +44%
Bank of America
5
Bank of America
North Carolina
$20.5M +$195K +24,682 +1%
1CP
6
1607 Capital Partners
Virginia
$20M +$10.9M +1,378,094 +128%
Allspring Global Investments
7
Allspring Global Investments
North Carolina
$17.6M +$150K +19,032 +0.9%
AA
8
AQR Arbitrage
Connecticut
$13.5M +$3.57M +452,410 +38%
GAA
9
Global Assets Advisory
Florida
$13M +$717K +90,800 +626%
Wells Fargo
10
Wells Fargo
California
$10.9M +$2.55M +323,649 +32%
AAM
11
Advisors Asset Management
Colorado
$10.3M +$611K +77,371 +7%
FAM
12
Formidable Asset Management
Ohio
$9.71M -$400K -50,668 -4%
RJA
13
Raymond James & Associates
Florida
$9.35M -$1.07M -135,607 -11%
Cohen & Steers
14
Cohen & Steers
New York
$9.28M +$474K +60,000 +6%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$9.18M +$294K +37,309 +3%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$8.84M +$380K +48,152 +5%
Stifel Financial
17
Stifel Financial
Missouri
$7.46M +$883K +111,876 +14%
LPL Financial
18
LPL Financial
California
$6.24M +$25.4K +3,217 +0.4%
UBS Group
19
UBS Group
Switzerland
$6.18M +$410K +51,957 +7%
Ameriprise
20
Ameriprise
Minnesota
$6.03M -$668K -84,620 -10%
LSC
21
Logan Stone Capital
Illinois
$5.74M +$1.04M +131,761 +23%
SCA
22
Snowden Capital Advisors
New York
$5.57M +$5.39M +682,510 New
LCM
23
Landscape Capital Management
New Jersey
$5.4M +$245K +31,089 +5%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$5.09M +$111K +14,090 +2%
WAM
25
Wolverine Asset Management
Illinois
$5.04M +$652K +82,659 +15%

EXG Hedge Fund Activity: Q1 2024 in Review

242 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) for Q1 2024, worth a combined $573M — down 14% from $666M a quarter earlier.

Fund positioning in EXG was balanced in Q1 2024: 28 funds opened new positions, 28 closed out, 89 added to existing stakes and 48 trimmed.

The largest buyer was 1607 Capital Partners, adding an estimated $10.9M. The largest seller was Morgan Stanley, cutting an estimated $172M.

  • 242 institutional investors held Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) as of Q1 2024, down from 245 in Q4 2023.
  • Funds reported $573M of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock for Q1 2024, down 14% quarter-over-quarter.
  • 28 funds opened new Eaton Vance Tax-Managed Global Diversified Equity Income Fund positions in Q1 2024 and 28 closed out, a net change of 0 holders.
  • The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund buyer in Q1 2024 was 1607 Capital Partners, an estimated $10.9M added.
  • The largest Eaton Vance Tax-Managed Global Diversified Equity Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $172M sold.

Based on aggregated 13F filings for Q1 2024.