Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
67 hedge funds and large institutions have $183M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 66 → 67 (+1)
1.17% more ownership
Funds ownership: 22.96% → 24.13% (+1.2%)
4% more capital invested
Capital invested by funds: $176M → $183M (+$7.44M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$14.1M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.21M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$1.24M |
| 4 |
Morgan Stanley
New York
|
+$1.01M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
Western Investment
Salt Lake City,
Utah
|
-$3.11M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.9M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.55M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.16M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$857K |
ETJ Hedge Fund Activity: Q3 2013 in Review
67 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q3 2013, worth a combined $183M — up 4.2% from $176M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ETJ positions and 8 closed out — a net gain of 1 holder — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $14.1M. The largest seller was Western Investment, exiting entirely with an estimated $3.11M sold.
- 67 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q3 2013, up from 66 in Q2 2013.
- Funds reported $183M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q3 2013, up 4.2% quarter-over-quarter.
- 9 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q3 2013 and 8 closed out, a net change of +1 holder.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q3 2013 was Sit Investment Associates, an estimated $14.1M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q3 2013 was Western Investment, an estimated $3.11M sold.
Based on aggregated 13F filings for Q3 2013.