Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
63 hedge funds and large institutions have $149M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 9 closing their positions.
1.58% less ownership
Funds ownership: 22.34% → 20.76% (-1.6%)
7% less capital invested
Capital invested by funds: $161M → $149M (-$11.5M)
10% less funds holding
Funds holding: 70 → 63 (-7)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.55M |
| 2 |
Morgan Stanley
New York
|
+$802K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$531K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$525K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.88M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.93M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.19M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.97M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.72M |
ETJ Hedge Fund Activity: Q2 2015 in Review
63 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q2 2015, worth a combined $149M — down 7.2% from $161M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ETJ and 3 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 22 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.55M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $3.88M sold.
- 63 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q2 2015, down from 70 in Q1 2015.
- Funds reported $149M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q2 2015, down 7.2% quarter-over-quarter.
- 3 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q2 2015 and 9 closed out, a net change of -6 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q2 2015 was Parametric Portfolio Associates, an estimated $2.55M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q2 2015 was Shaker Financial Services, an estimated $3.88M sold.
Based on aggregated 13F filings for Q2 2015.