Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
70 hedge funds and large institutions have $72.1M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 13 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
8% more capital invested
Capital invested by funds: $67.1M → $72.1M (+$5.04M)
0.69% more ownership
Funds ownership: 11.78% → 12.47% (+0.69%)
7% less funds holding
Funds holding: 75 → 70 (-5)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.4M |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$2.89M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.97M |
| 4 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.31M |
| 5 |
RVPG
Relative Value Partners Group
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.52M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.08M |
| 3 |
AssetMark Inc
Concord,
California
|
-$2.07M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.54M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$992K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
76
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$204K | -22,690 | Closed |
|
|
BFM
77
Boothbay Fund Management
New York
| – | -$179 | -20,000 | Closed |
|
78
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$129K | -14,447 | Closed |
|
|
TJHA
79
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$112K | -12,500 | Closed |
|
80
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$50K | -5,567 | Closed |
|
81
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$38K | -4,250 | Closed |
|
|
CPIG
82
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$27K | -3,053 | Closed |
|
|
TWA
83
TCI Wealth Advisors
Tucson,
Arizona
| – | -$13K | -1,441 | Closed |
|
ETJ Hedge Fund Activity: Q1 2017 in Review
70 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2017, worth a combined $72.1M — up 7.5% from $67.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ETJ and 9 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 27 added.
The largest buyer was Morgan Stanley, adding an estimated $6.4M. The largest seller was Bank of America, cutting an estimated $2.52M.
- 70 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2017, down from 75 in Q4 2016.
- Funds reported $72.1M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2017, up 7.5% quarter-over-quarter.
- 9 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2017 and 13 closed out, a net change of -4 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2017 was Morgan Stanley, an estimated $6.4M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2017 was Bank of America, an estimated $2.52M sold.
Based on aggregated 13F filings for Q1 2017.