Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
73 hedge funds and large institutions have $137M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 12 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
0% less ownership
Funds ownership: 21.65% → 21.64% (-0%)
3% less funds holding
Funds holding: 75 → 73 (-2)
7% less capital invested
Capital invested by funds: $146M → $137M (-$9.69M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$868K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$857K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$841K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$693K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$653K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.6M |
| 2 |
Morgan Stanley
New York
|
-$2.62M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.32M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.29M |
| 5 |
RVPG
Relative Value Partners Group
|
-$739K |
ETJ Hedge Fund Activity: Q1 2016 in Review
73 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2016, worth a combined $137M — down 6.6% from $146M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ETJ and 10 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 28 added.
The largest buyer was Bank of America, adding an estimated $868K. The largest seller was Karpus Investment Management, cutting an estimated $3.6M.
- 73 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2016, down from 75 in Q4 2015.
- Funds reported $137M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2016, down 6.6% quarter-over-quarter.
- 10 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2016 and 12 closed out, a net change of -2 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2016 was Bank of America, an estimated $868K added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2016 was Karpus Investment Management, an estimated $3.6M sold.
Based on aggregated 13F filings for Q1 2016.