Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
63 hedge funds and large institutions have $69M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 22 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
4% more capital invested
Capital invested by funds: $66.5M → $69M (+$2.52M)
1.21% less ownership
Funds ownership: 12.52% → 11.31% (-1.2%)
23% less funds holding
Funds holding: 82 → 63 (-19)
86% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$989K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$827K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$479K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$468K |
| 5 |
RICHC
Renaissance Investment Consultants Holding Company
Wayne,
Pennsylvania
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.88M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.31M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$682K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$607K |
| 5 |
Goldman Sachs
New York
|
-$594K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAP
76
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$63K | -7,553 | Closed |
|
|
WAM
77
Wolverine Asset Management
Chicago,
Illinois
| – | -$43K | -5,264 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$18K | -2,200 | Closed |
|
|
FWM
79
FSA Wealth Management
Needham,
Massachusetts
| – | -$6K | -675 | Closed |
|
|
VRM
80
Vectors Research Management
New York
| – | -$5K | -600 | Closed |
|
|
AWM
81
Avior Wealth Management
Omaha,
Nebraska
| – | -$4K | -591 | Closed |
|
|
NFG
82
Next Financial Group
Houston,
Texas
| – | -$5K | -551 | Closed |
|
|
AWA
83
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$3.41K | -410 | Closed |
|
|
SF
84
Synovus Financial
Columbus,
Georgia
| – | -$3K | -385 | Closed |
|
ETJ Hedge Fund Activity: Q2 2020 in Review
63 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q2 2020, worth a combined $69M — up 3.8% from $66.5M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ETJ and 3 opened new positions — a net loss of 19 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Advisors Asset Management, adding an estimated $989K. The largest seller was Parametric Portfolio Associates, cutting an estimated $2.88M.
- 63 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q2 2020, down from 82 in Q1 2020.
- Funds reported $69M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q2 2020, up 3.8% quarter-over-quarter.
- 3 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q2 2020 and 22 closed out, a net change of -19 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q2 2020 was Advisors Asset Management, an estimated $989K added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q2 2020 was Parametric Portfolio Associates, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2020.