Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
68 hedge funds and large institutions have $64.8M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 10 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
6% more funds holding
Funds holding: 64 → 68 (+4)
3.69% less ownership
Funds ownership: 14.49% → 10.8% (-3.7%)
28% less capital invested
Capital invested by funds: $90M → $64.8M (-$25.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.61M |
| 2 |
LPL Financial
San Diego,
California
|
+$904K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$684K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$384K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$14.4M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.92M |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$2.84M |
| 4 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$1.52M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.1M |
ETJ Hedge Fund Activity: Q3 2016 in Review
68 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q3 2016, worth a combined $64.8M — down 28% from $90M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ETJ positions and 10 closed out — a net gain of 5 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $1.61M. The largest seller was Relative Value Partners Group, cutting an estimated $14.4M.
- 68 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q3 2016, up from 64 in Q2 2016.
- Funds reported $64.8M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q3 2016, down 28% quarter-over-quarter.
- 15 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q3 2016 and 10 closed out, a net change of +5 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q3 2016 was Bank of America, an estimated $1.61M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q3 2016 was Relative Value Partners Group, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2016.