Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
71 hedge funds and large institutions have $69.7M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 11 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0.43% less ownership
Funds ownership: 12.18% → 11.75% (-0.43%)
3% less capital invested
Capital invested by funds: $71.7M → $69.7M (-$1.94M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 73 → 71 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$319K |
| 2 |
LPL Financial
San Diego,
California
|
+$304K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$279K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$226K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$886K |
| 2 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$677K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$577K |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$470K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$464K |
ETJ Hedge Fund Activity: Q4 2019 in Review
71 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q4 2019, worth a combined $69.7M — down 2.7% from $71.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ETJ and 10 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 24 added.
The largest buyer was Invesco, adding an estimated $319K. The largest seller was Millennium Management, cutting an estimated $886K.
- 71 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q4 2019, down from 73 in Q3 2019.
- Funds reported $69.7M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q4 2019, down 2.7% quarter-over-quarter.
- 10 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q4 2019 and 11 closed out, a net change of -1 holder.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q4 2019 was Invesco, an estimated $319K added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q4 2019 was Millennium Management, an estimated $886K sold.
Based on aggregated 13F filings for Q4 2019.