Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
70 hedge funds and large institutions have $189M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 9 closing their positions.
3% less funds holding
Funds holding: 72 → 70 (-2)
5.42% less ownership
Funds ownership: 30.08% → 24.66% (-5.4%)
16% less capital invested
Capital invested by funds: $226M → $189M (-$37.1M)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$7.76M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.47M |
| 3 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$1.27M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.18M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$840K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$34.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$12.3M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.6M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.64M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.13M |
ETJ Hedge Fund Activity: Q2 2014 in Review
70 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q2 2014, worth a combined $189M — down 16% from $226M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ETJ and 7 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 22 added.
The largest buyer was UBS, adding an estimated $7.76M. The largest seller was Bulldog Investors, cutting an estimated $34.2M.
- 70 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q2 2014, down from 72 in Q1 2014.
- Funds reported $189M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q2 2014, down 16% quarter-over-quarter.
- 7 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q2 2014 and 9 closed out, a net change of -2 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q2 2014 was UBS, an estimated $7.76M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q2 2014 was Bulldog Investors, an estimated $34.2M sold.
Based on aggregated 13F filings for Q2 2014.