Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
71 hedge funds and large institutions have $188M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 12 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1% more funds holding
Funds holding: 70 → 71 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.46% more ownership
Funds ownership: 24.58% → 25.04% (+0.46%)
3% less capital invested
Capital invested by funds: $194M → $188M (-$5.72M)
22% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.43M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.52M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.48M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.97M |
| 5 |
Morgan Stanley
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$2.8M |
| 3 |
SG Americas Securities
New York
|
-$1.87M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.52M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OFG
76
OTA Financial Group
Purchase,
New York
| – | -$393 | -34,930 | Closed |
|
|
SFS
77
Shaker Financial Services
Arlington,
Virginia
| – | -$263K | -23,364 | Closed |
|
|
MIG
78
Mariner Investment Group
Harrison,
New York
| – | -$253K | -22,428 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$151K | -13,400 | Closed |
|
|
LCM
80
Landscape Capital Management
Englewood,
New Jersey
| – | -$137K | -12,168 | Closed |
|
|
PSI
81
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$21K | -1,847 | Closed |
|
82
US Bancorp
Minneapolis,
Minnesota
| – | -$6K | -500 | Closed |
|
|
BFEC
83
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$4K | -354 | Closed |
|
ETJ Hedge Fund Activity: Q1 2014 in Review
71 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2014, worth a combined $188M — down 2.9% from $194M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ETJ positions and 12 closed out — a net gain of 1 holder — while 21 added to existing stakes and 27 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.43M. The largest seller was Rivernorth Capital Management, cutting an estimated $13M.
- 71 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2014, up from 70 in Q4 2013.
- Funds reported $188M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2014, down 2.9% quarter-over-quarter.
- 13 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2014 and 12 closed out, a net change of +1 holder.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2014 was Sit Investment Associates, an estimated $6.43M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2014 was Rivernorth Capital Management, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2014.