Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
92 hedge funds and large institutions have $115M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 23 reducing their positions, and 10 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 23
1.82% more ownership
Funds ownership: 18.39% → 20.21% (+1.8%)
2% more capital invested
Capital invested by funds: $113M → $115M (+$2.59M)
4% less funds holding
Funds holding: 96 → 92 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$11.1M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.42M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.12M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$1.92M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.6M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$763K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$623K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$590K |
| 5 |
FA
Financial Alternatives
La Jolla,
California
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
101
Synergy Asset Management
Vancouver,
Washington
| – | -$10.1K | -1,100 | Closed |
|
|
WA
102
WPG Advisers
Baltimore,
Maryland
| – | -$6.45K | -693 | Closed |
|
103
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1.86K | -200 | Closed |
|
ETJ Hedge Fund Activity: Q1 2025 in Review
92 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2025, worth a combined $115M — up 2.3% from $113M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ETJ and 8 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 34 added.
The largest buyer was LPL Financial, adding an estimated $11.1M. The largest seller was Janney Montgomery Scott, cutting an estimated $3.6M.
- 92 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2025, down from 96 in Q4 2024.
- Funds reported $115M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2025, up 2.3% quarter-over-quarter.
- 8 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2025 and 10 closed out, a net change of -2 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2025 was LPL Financial, an estimated $11.1M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2025 was Janney Montgomery Scott, an estimated $3.6M sold.
Based on aggregated 13F filings for Q1 2025.