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ETJ

Eaton Vance Risk-Managed Diversified Equity Income Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 7063 (-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: 32 (-1)

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
63
Holders Change
-7
Holders Change %
-10%
% of All Funds
1.7%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
3
Increased
22
Reduced
25
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
1
Parametric Portfolio Associates
Washington
$32.7M +$2.55M +234,628 +8%
RVPG
2
Relative Value Partners Group
$30.6M +$30.8M +2,827,133 New
Morgan Stanley
3
Morgan Stanley
New York
$13.9M +$802K +73,672 +6%
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$8.46M +$215K +19,724 +3%
KIM
5
Karpus Investment Management
New York
$7.76M +$531K +48,790 +7%
UBS Group
6
UBS Group
Switzerland
$7.08M -$2.19M -201,656 -24%
Invesco
7
Invesco
Georgia
$6.18M +$67.1K +6,165 +1%
AWS
8
Aris Wealth Services
Pennsylvania
$5.08M -$64.9K -5,964 -1%
Wells Fargo
9
Wells Fargo
California
$4.52M +$196K +18,035 +5%
PCM
10
Pointe Capital Management
Michigan
$3.58M -$54.4K -5,000 -1%
CA
11
Cornerstone Advisors
North Carolina
$3.33M -$1.97M -180,588 -37%
RJA
12
Raymond James & Associates
Florida
$2.33M +$525K +48,201 +29%
1CP
13
1607 Capital Partners
Virginia
$2.13M -$128K -11,780 -6%
ACP
14
Aviance Capital Partners
Florida
$1.76M -$17.3K -1,587 -1%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.6M +$49.6K +4,557 +3%
LPL Financial
16
LPL Financial
California
$1.55M -$116K -10,701 -7%
Bank of America
17
Bank of America
North Carolina
$1.48M +$433K +39,818 +41%
Citigroup
18
Citigroup
New York
$1.3M +$35.5K +3,266 +3%
HighTower Advisors
19
HighTower Advisors
Illinois
$1.19M +$113K +10,364 +10%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$1.12M +$107K +9,826 +10%
SCM
21
Sterneck Capital Management
Missouri
$1.1M -$26.1K -2,400 -2%
IT
22
Independence Trust
Tennessee
$1.02M +$183K +16,821 +22%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$930K -$17.1K -1,567 -2%
AWA
24
Arete Wealth Advisors
Illinois
$899K -$475K -43,679 -34%
JIR
25
James Investment Research
Ohio
$828K -$44.3K -4,067 -5%

ETJ Hedge Fund Activity: Q2 2015 in Review

63 of the 3,711 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.