Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
74 hedge funds and large institutions have $141M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
19% more funds holding
Funds holding: 62 → 74 (+12)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
1.13% less ownership
Funds ownership: 21.07% → 19.94% (-1.1%)
14% less capital invested
Capital invested by funds: $164M → $141M (-$22.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.35M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.22M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$2.11M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.1M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$4.12M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.23M |
| 3 |
SG Americas Securities
New York
|
-$1.01M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$915K |
| 5 |
Morgan Stanley
New York
|
-$876K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AQR Capital Management
Greenwich,
Connecticut
| – | -$828K | -70,824 | Closed |
|
77
M&T Bank
Buffalo,
New York
| – | -$336K | -28,818 | Closed |
|
|
AA
78
Ancora Advisors
Cleveland,
Ohio
| – | -$181K | -15,500 | Closed |
|
|
WS
79
Wedbush Securities
Los Angeles,
California
| – | -$120K | -10,240 | Closed |
|
|
BRWM
80
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$5K | -500 | Closed |
|
|
W
81
Wealthfront
Palo Alto,
California
| – | -$1K | -106 | Closed |
|
ETJ Hedge Fund Activity: Q4 2014 in Review
74 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q4 2014, worth a combined $141M — down 14% from $164M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ETJ positions and 7 closed out — a net gain of 14 holders — while 20 added to existing stakes and 19 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $3.35M. The largest seller was Relative Value Partners, cutting an estimated $4.12M.
- 74 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q4 2014, up from 62 in Q3 2014.
- Funds reported $141M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q4 2014, down 14% quarter-over-quarter.
- 21 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q4 2014 and 7 closed out, a net change of +14 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q4 2014 was 1832 Asset Management, an estimated $3.35M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q4 2014 was Relative Value Partners, an estimated $4.12M sold.
Based on aggregated 13F filings for Q4 2014.