Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
77 hedge funds and large institutions have $100M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 13 closing their positions.
1% less capital invested
Capital invested by funds: $101M → $100M (-$623K)
0.99% less ownership
Funds ownership: 17.58% → 16.59% (-0.99%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
3% less funds holding
Funds holding: 79 → 77 (-2)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.32M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.3M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$821K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$619K |
| 5 |
Millennium Management
New York
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$3.15M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.82M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.14M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$955K |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$792K |
ETJ Hedge Fund Activity: Q2 2018 in Review
77 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q2 2018, worth a combined $100M — down 0.62% from $101M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ETJ and 12 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.32M. The largest seller was Sterneck Capital Management, exiting entirely with an estimated $3.15M sold.
- 77 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q2 2018, down from 79 in Q1 2018.
- Funds reported $100M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q2 2018, down 0.62% quarter-over-quarter.
- 12 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q2 2018 and 13 closed out, a net change of -1 holder.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q2 2018 was Guggenheim Capital, an estimated $1.32M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q2 2018 was Sterneck Capital Management, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2018.