Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
62 hedge funds and large institutions have $164M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 15 closing their positions.
3.59% less ownership
Funds ownership: 24.66% → 21.07% (-3.6%)
11% less funds holding
Funds holding: 70 → 62 (-8)
13% less capital invested
Capital invested by funds: $189M → $164M (-$25.2M)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.52M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.12M |
| 3 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$629K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$566K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$483K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.56M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.8M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$2.67M |
| 5 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$2.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFO
76
Tarbox Family Office
Newport Beach,
California
| – | -$31K | -2,719 | Closed |
|
77
US Bancorp
Minneapolis,
Minnesota
| – | -$13K | -1,100 | Closed |
|
ETJ Hedge Fund Activity: Q3 2014 in Review
62 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q3 2014, worth a combined $164M — down 13% from $189M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ETJ and 7 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 20 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.52M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $7.1M sold.
- 62 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q3 2014, down from 70 in Q2 2014.
- Funds reported $164M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q3 2014, down 13% quarter-over-quarter.
- 7 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q3 2014 and 15 closed out, a net change of -8 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q3 2014 was Parametric Portfolio Associates, an estimated $4.52M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q3 2014 was Sit Investment Associates, an estimated $7.1M sold.
Based on aggregated 13F filings for Q3 2014.