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ETJ

Eaton Vance Risk-Managed Diversified Equity Income Fund

70 hedge funds and large institutions have $72.1M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

8% more capital invested

Capital invested by funds: $67.1M → $72.1M (+$5.04M)

0.69% more ownership

Funds ownership: 11.78%12.47% (+0.69%)

7% less funds holding

Funds holding: 7570 (-5)

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

Holders
70
Holders Change
-5
Holders Change %
-6.67%
% of All Funds
1.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
27
Reduced
22
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$18.9M +$6.4M +685,769 +49%
Invesco
2
Invesco
Georgia
$5.48M +$228K +24,402 +4%
LPL Financial
3
LPL Financial
California
$5.16M +$1.97M +211,177 +59%
AAM
4
Advisors Asset Management
Colorado
$3.94M -$445K -47,692 -10%
SCM
5
Sterneck Capital Management
Missouri
$3.26M +$2.89M +310,093 +637%
GC
6
Guggenheim Capital
Illinois
$2.51M +$1.07M +114,321 +70%
IA
7
IFP Advisors
Florida
$2.17M +$48K +5,144 +2%
RVPG
8
Relative Value Partners Group
$2.1M +$1.31M +140,866 +156%
Bank of America
9
Bank of America
North Carolina
$2M -$2.52M -270,403 -55%
Wells Fargo
10
Wells Fargo
California
$2M -$164K -17,540 -7%
UBS Group
11
UBS Group
Switzerland
$1.72M -$19.9K -2,135 -1%
SFS
12
Shaker Financial Services
Virginia
$1.61M -$776K -83,142 -32%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$1.51M -$992K -106,335 -39%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$1.32M +$197K +21,089 +17%
PCM
15
Pointe Capital Management
Michigan
$1.28M +$1.31M +140,878 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.17M +$21.6K +2,317 +2%
AssetMark Inc
17
AssetMark Inc
California
$1.17M -$2.07M -221,585 -63%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$1.14M +$1.17M +125,000 New
RJFSA
19
Raymond James Financial Services Advisors
Florida
$1.1M -$191K -20,521 -15%
RJA
20
Raymond James & Associates
Florida
$913K -$25.4K -2,721 -3%
Millennium Management
21
Millennium Management
New York
$787K +$809K +86,664 New
AG
22
Advisor Group
Arizona
$754K +$156K +16,695 +25%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$712K +$54.3K +5,817 +8%
DA
24
Doliver Advisors
Texas
$599K +$616K +65,986 New
WAM
25
Wolverine Asset Management
Illinois
$593K +$610K +65,334 New

ETJ Hedge Fund Activity: Q1 2017 in Review

70 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2017, worth a combined $72.1M — up 7.5% from $67.1M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of ETJ and 9 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 27 added.

The largest buyer was Morgan Stanley, adding an estimated $6.4M. The largest seller was Bank of America, cutting an estimated $2.52M.

  • 70 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2017, down from 75 in Q4 2016.
  • Funds reported $72.1M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2017, up 7.5% quarter-over-quarter.
  • 9 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2017 and 13 closed out, a net change of -4 holders.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2017 was Morgan Stanley, an estimated $6.4M added.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2017 was Bank of America, an estimated $2.52M sold.

Based on aggregated 13F filings for Q1 2017.