Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
75 hedge funds and large institutions have $67.1M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 24 increasing their positions, 23 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
10% more funds holding
Funds holding: 68 → 75 (+7)
4% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 23
3% more capital invested
Capital invested by funds: $64.8M → $67.1M (+$2.24M)
0.98% more ownership
Funds ownership: 10.8% → 11.78% (+0.98%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.36M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.11M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.56M |
| 4 |
Morgan Stanley
New York
|
+$1.36M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.92M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.09M |
| 3 |
AssetMark Inc
Concord,
California
|
-$1.03M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$864K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$726K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Pointe Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.92M | -204,078 | Closed |
|
|
DA
77
Doliver Advisors
Houston,
Texas
| – | -$664K | -70,407 | Closed |
|
|
VKH
78
Virtu KCG Holdings
New York
| – | -$391K | -41,446 | Closed |
|
|
NMC
79
Nine Masts Capital
Central,
Hong Kong
| – | -$327K | -34,711 | Closed |
|
|
EDRIA
80
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
| – | -$164K | -17,972 | Closed |
|
|
CWM
81
Concert Wealth Management
San Jose,
California
| – | -$147K | -15,652 | Closed |
|
82
Millennium Management
New York
| – | -$112K | -11,893 | Closed |
|
|
CFA
83
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$19K | -2,100 | Closed |
|
|
AWMS
84
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$5K | -500 | Closed |
|
|
CHP
85
Cable Hill Partners
Portland,
Oregon
| – | -$3K | -309 | Closed |
|
ETJ Hedge Fund Activity: Q4 2016 in Review
75 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q4 2016, worth a combined $67.1M — up 3.5% from $64.8M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ETJ positions and 11 closed out — a net gain of 8 holders — while 24 added to existing stakes and 23 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.36M. The largest seller was Pointe Capital Management, exiting entirely with an estimated $1.92M sold.
- 75 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q4 2016, up from 68 in Q3 2016.
- Funds reported $67.1M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q4 2016, up 3.5% quarter-over-quarter.
- 19 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q4 2016 and 11 closed out, a net change of +8 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q4 2016 was Shaker Financial Services, an estimated $2.36M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q4 2016 was Pointe Capital Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2016.