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ETJ

Eaton Vance Risk-Managed Diversified Equity Income Fund

71 hedge funds and large institutions have $188M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

1% more funds holding

Funds holding: 7071 (+1)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0.46% more ownership

Funds ownership: 24.58%25.04% (+0.46%)

3% less capital invested

Capital invested by funds: $194M → $188M (-$5.72M)

22% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 27

Holders
71
Holders Change
+1
Holders Change %
+1.43%
% of All Funds
2.05%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.14%
New
13
Increased
21
Reduced
27
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVP
1
Relative Value Partners
Illinois
$34.4M -$229K -20,040 -0.7%
U
2
UBS
Switzerland
$24.7M +$3.48M +304,394 +16%
SIA
3
Sit Investment Associates
Minnesota
$19.2M +$6.43M +562,363 +50%
PPA
4
Parametric Portfolio Associates
Washington
$17.3M +$3.52M +307,813 +25%
Morgan Stanley
5
Morgan Stanley
New York
$15M +$1.67M +145,923 +12%
RCM
6
Rivernorth Capital Management
Florida
$7.46M -$13M -1,140,168 -63%
Invesco
7
Invesco
Georgia
$5.25M +$228K +19,944 +4%
AWS
8
Aris Wealth Services
Pennsylvania
$4.48M +$88.5K +7,748 +2%
DA
9
Doliver Advisors
Texas
$4.43M -$129K -11,258 -3%
AA
10
Ancora Advisors
Ohio
$4.41M -$2.8M -244,800 -39%
SG Americas Securities
11
SG Americas Securities
New York
$4.21M -$1.87M -163,723 -31%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$3.95M -$571K -50,000 -13%
Wells Fargo
13
Wells Fargo
California
$3.74M +$13K +1,139 +0.3%
1CP
14
1607 Capital Partners
Virginia
$3.57M +$14.5K +1,266 +0.4%
RJA
15
Raymond James & Associates
Florida
$3.41M +$1.97M +172,390 +133%
AQR Capital Management
16
AQR Capital Management
Connecticut
$2.82M -$818K -71,553 -22%
BBPWM
17
Blue Bell Private Wealth Management
Pennsylvania
$2.54M -$239K -20,929 -9%
ACP
18
Aviance Capital Partners
Florida
$2.1M +$195K +17,100 +10%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$2.03M +$628 +55 +0%
LPL Financial
20
LPL Financial
California
$1.99M +$64.9K +5,682 +3%
JIR
21
James Investment Research
Ohio
$1.75M
HighTower Advisors
22
HighTower Advisors
Illinois
$1.55M +$657K +57,460 +72%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.42M -$16.5K -1,440 -1%
IMS
24
Index Management Solutions
Pennsylvania
$1.3M +$382K +33,467 +41%
Citigroup
25
Citigroup
New York
$1.26M -$84.5K -7,397 -6%

ETJ Hedge Fund Activity: Q1 2014 in Review

71 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2014, worth a combined $188M — down 2.9% from $194M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ETJ positions and 12 closed out — a net gain of 1 holder — while 21 added to existing stakes and 27 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $6.43M. The largest seller was Rivernorth Capital Management, cutting an estimated $13M.

  • 71 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2014, up from 70 in Q4 2013.
  • Funds reported $188M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2014, down 2.9% quarter-over-quarter.
  • 13 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2014 and 12 closed out, a net change of +1 holder.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2014 was Sit Investment Associates, an estimated $6.43M added.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2014 was Rivernorth Capital Management, an estimated $13M sold.

Based on aggregated 13F filings for Q1 2014.