We are live on ! Find out more
ETJ

Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ

62 hedge funds and large institutions have $164M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.59% less ownership

Funds ownership: 24.66% → 21.07% (-3.6%)

11% less funds holding

Funds holding: 70 → 62 (-8)

13% less capital invested

Capital invested by funds: $189M → $164M (-$25.2M)

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

53% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 15

Holders
62
Holders Change
-8
Holders Change %
-11.43%
% of All Funds
1.8%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
7
Increased
20
Reduced
25
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
PPA
Parametric Portfolio Associates
Washington
+$4.52M
2
U
UBS
Switzerland
+$2.12M
3
MWR
McAdams Wright Ragen
Washington
+$629K
4
Wells Fargo
Wells Fargo
California
+$566K
5
IMS
Index Management Solutions
Pennsylvania
+$483K

Top Sellers

1
SIA
Sit Investment Associates
Minnesota
-$7.1M
2
RCM
Rivernorth Capital Management
Florida
-$6.56M
3
BI
Bulldog Investors
New Jersey
-$3.8M
4
AA
Ancora Advisors
Ohio
-$2.67M
5
RVP
Relative Value Partners
Illinois
-$2.21M
Name Holding Trade Value Shares
Change 		Change in
Stake
U
1
UBS
Switzerland
$35.7M +$2.12M +182,971 +6%
RVP
2
Relative Value Partners
Illinois
$33.7M -$2.21M -190,376 -6%
PPA
3
Parametric Portfolio Associates
Washington
$27M +$4.52M +389,693 +20%
Morgan Stanley
4
Morgan Stanley
New York
$13.9M -$1.78M -153,674 -11%
Invesco
5
Invesco
Georgia
$6.17M +$39.5K +3,403 +0.6%
AWS
6
Aris Wealth Services
Pennsylvania
$5.09M +$194K +16,737 +4%
Wells Fargo
7
Wells Fargo
California
$4.72M +$566K +48,746 +14%
1CP
8
1607 Capital Partners
Virginia
$3.59M -$22.1K -1,900 -0.6%
IMS
9
Index Management Solutions
Pennsylvania
$3.15M +$483K +41,591 +18%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$2.92M – – –
ACP
11
Aviance Capital Partners
Florida
$2.22M +$222K +19,125 +11%
LPL Financial
12
LPL Financial
California
$2.18M -$64K -5,517 -3%
RJA
13
Raymond James & Associates
Florida
$2.09M -$1.26M -108,145 -38%
SG Americas Securities
14
SG Americas Securities
New York
$1.78M -$2.04M -175,842 -54%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.71M -$453K -39,021 -21%
BBPWM
16
Blue Bell Private Wealth Management
Pennsylvania
$1.67M -$302K -26,017 -15%
Citigroup
17
Citigroup
New York
$1.37M +$89K +7,670 +7%
SCM
18
Sterneck Capital Management
Missouri
$1.12M +$4.64K +400 +0.4%
Bank of America
19
Bank of America
North Carolina
$1.05M +$250K +21,539 +32%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$996K +$91.2K +7,853 +10%
IT
21
Independence Trust
Tennessee
$970K +$280K +24,153 +41%
JIR
22
James Investment Research
Ohio
$936K -$52.2K -4,500 -5%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$856K -$585K -50,375 -41%
JG
24
Jefferies Group
New York
$833K +$14.9K +1,288 +2%
AQR Capital Management
25
AQR Capital Management
Connecticut
$828K -$1.1M -94,417 -57%
1
2 3 4

ETJ Hedge Fund Activity: Q3 2014 in Review

62 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q3 2014, worth a combined $164M — down 13% from $189M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of ETJ and 7 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 20 added.

The largest buyer was Parametric Portfolio Associates, adding an estimated $4.52M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $7.1M sold.

  • 62 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q3 2014, down from 70 in Q2 2014.
  • Funds reported $164M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q3 2014, down 13% quarter-over-quarter.
  • 7 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q3 2014 and 15 closed out, a net change of -8 holders.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q3 2014 was Parametric Portfolio Associates, an estimated $4.52M added.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q3 2014 was Sit Investment Associates, an estimated $7.1M sold.

Based on aggregated 13F filings for Q3 2014.