Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
79 hedge funds and large institutions have $101M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 20 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
6% more capital invested
Capital invested by funds: $95.4M → $101M (+$5.52M)
2.03% more ownership
Funds ownership: 15.55% → 17.58% (+2%)
12% less funds holding
Funds holding: 90 → 79 (-11)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$19.7M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$8.23M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.01M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$790K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.72M |
| 2 |
Millennium Management
New York
|
-$2.62M |
| 3 |
RVPG
Relative Value Partners Group
|
-$2.07M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.68M |
| 5 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$1.35M |
ETJ Hedge Fund Activity: Q1 2018 in Review
79 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2018, worth a combined $101M — up 5.8% from $95.4M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ETJ and 9 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 28 added.
The largest buyer was UBS Group, adding an estimated $19.7M. The largest seller was Morgan Stanley, cutting an estimated $5.72M.
- 79 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2018, down from 90 in Q4 2017.
- Funds reported $101M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2018, up 5.8% quarter-over-quarter.
- 9 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2018 and 20 closed out, a net change of -11 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2018 was UBS Group, an estimated $19.7M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2018 was Morgan Stanley, an estimated $5.72M sold.
Based on aggregated 13F filings for Q1 2018.