Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
73 hedge funds and large institutions have $87.3M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 35 increasing their positions, 14 reducing their positions, and 11 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 14
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
21% more capital invested
Capital invested by funds: $72.1M → $87.3M (+$15.2M)
4% more funds holding
Funds holding: 70 → 73 (+3)
2.17% more ownership
Funds ownership: 12.47% → 14.64% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.48M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.89M |
| 3 |
Morgan Stanley
New York
|
+$1.75M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$761K |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$665K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.91M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.56M |
| 3 |
Millennium Management
New York
|
-$787K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$593K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$410K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
76
Formidable Asset Management
Cincinnati,
Ohio
| – | -$410K | -44,176 | Closed |
|
|
MWM
77
Merriman Wealth Management
Seattle,
Washington
| – | -$336K | -37,000 | Closed |
|
|
LCM
78
Landscape Capital Management
Englewood,
New Jersey
| – | -$187K | -20,579 | Closed |
|
|
TSS
79
Two Sigma Securities
New York
| – | -$143K | -15,770 | Closed |
|
|
UAS
80
United Asset Strategies
Garden City,
New York
| – | -$140K | -15,425 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$115K | -12,621 | Closed |
|
|
ICOA
82
Investment Centers of America
Bismarck,
North Dakota
| – | -$98K | -10,715 | Closed |
|
|
ACS
83
Archford Capital Strategies
Swansea,
Illinois
| – | -$36K | -4,000 | Closed |
|
84
SEI Investments
Oaks,
Pennsylvania
| – | -$5K | -555 | Closed |
|
ETJ Hedge Fund Activity: Q2 2017 in Review
73 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q2 2017, worth a combined $87.3M — up 21% from $72.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ETJ positions and 11 closed out — a net gain of 3 holders — while 35 added to existing stakes and 14 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $6.48M. The largest seller was LPL Financial, cutting an estimated $1.91M.
- 73 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q2 2017, up from 70 in Q1 2017.
- Funds reported $87.3M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q2 2017, up 21% quarter-over-quarter.
- 14 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q2 2017 and 11 closed out, a net change of +3 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $6.48M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q2 2017 was LPL Financial, an estimated $1.91M sold.
Based on aggregated 13F filings for Q2 2017.