Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
70 hedge funds and large institutions have $194M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 8 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 16
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $183M → $194M (+$10.9M)
4% more funds holding
Funds holding: 67 → 70 (+3)
0.45% more ownership
Funds ownership: 24.13% → 24.58% (+0.45%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$4.46M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.28M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.18M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.16M |
| 5 |
SG Americas Securities
New York
|
+$950K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.91M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.97M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$708K |
| 4 |
VAM
Visium Asset Management
New York
|
-$644K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$288K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$113K | -10,454 | Closed |
|
77
Creative Planning
Overland Park,
Kansas
| – | -$108K | -10,000 | Closed |
|
|
FANJ
78
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$22K | -2,000 | Closed |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -200 | Closed |
|
ETJ Hedge Fund Activity: Q4 2013 in Review
70 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q4 2013, worth a combined $194M — up 6% from $183M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ETJ positions and 8 closed out — a net gain of 4 holders — while 31 added to existing stakes and 16 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $4.46M. The largest seller was Sit Investment Associates, cutting an estimated $7.91M.
- 70 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q4 2013, up from 67 in Q3 2013.
- Funds reported $194M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q4 2013, up 6% quarter-over-quarter.
- 12 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q4 2013 and 8 closed out, a net change of +4 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q4 2013 was 1832 Asset Management, an estimated $4.46M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q4 2013 was Sit Investment Associates, an estimated $7.91M sold.
Based on aggregated 13F filings for Q4 2013.