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ETJ

Eaton Vance Risk-Managed Diversified Equity Income Fund

72 hedge funds and large institutions have $79.3M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 20

3.94% less ownership

Funds ownership: 17.48%13.55% (-3.9%)

10% less funds holding

Funds holding: 8072 (-8)

12% less capital invested

Capital invested by funds: $90.4M → $79.3M (-$11.1M)

50% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 16

Holders
72
Holders Change
-8
Holders Change %
-10%
% of All Funds
1.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
26
Reduced
20
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$15.3M -$2.37K -270 -0%
GC
2
Guggenheim Capital
Illinois
$9.4M +$711K +81,122 +9%
Invesco
3
Invesco
Georgia
$6.87M +$1.62M +184,751 +33%
LPL Financial
4
LPL Financial
California
$4.81M +$560K +63,880 +14%
Bank of America
5
Bank of America
North Carolina
$4.04M +$134K +15,267 +4%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$3.62M +$310K +35,378 +10%
PPA
7
Parametric Portfolio Associates
Washington
$2.92M +$1.55M +176,469 +125%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$2.9M +$609K +69,433 +28%
Millennium Management
9
Millennium Management
New York
$2.32M +$2.07M +236,002 +1,471%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$2.18M +$180K +20,579 +10%
AAM
11
Advisors Asset Management
Colorado
$1.94M +$1.85M +211,125 New
Wells Fargo
12
Wells Fargo
California
$1.91M -$288K -32,886 -14%
AG
13
Advisor Group
Arizona
$1.64M +$61K +6,954 +4%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$1.62M -$29.6K -3,377 -2%
PCM
15
Pointe Capital Management
Michigan
$1.28M -$49.2K -5,614 -4%
Ameriprise
16
Ameriprise
Minnesota
$1.07M +$22.2K +2,527 +2%
AssetMark Inc
17
AssetMark Inc
California
$1.03M
IWM
18
IHT Wealth Management
Illinois
$960K +$569K +64,907 +164%
CAN
19
Cetera Advisor Networks
California
$912K -$38.6K -4,400 -4%
MML Investors Services
20
MML Investors Services
Massachusetts
$881K -$537K -61,230 -39%
Citigroup
21
Citigroup
New York
$849K +$73.6K +8,394 +10%
RJA
22
Raymond James & Associates
Florida
$776K +$93.9K +10,712 +15%
IC
23
Inscription Capital
Texas
$721K -$43.8K -5,000 -6%
UBS Group
24
UBS Group
Switzerland
$702K -$17.7M -2,022,991 -96%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$692K +$340K +38,802 +106%

ETJ Hedge Fund Activity: Q1 2019 in Review

72 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2019, worth a combined $79.3M — down 12% from $90.4M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of ETJ and 8 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 26 added.

The largest buyer was Millennium Management, adding an estimated $2.07M. The largest seller was UBS Group, cutting an estimated $17.7M.

  • 72 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2019, down from 80 in Q4 2018.
  • Funds reported $79.3M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2019, down 12% quarter-over-quarter.
  • 8 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2019 and 16 closed out, a net change of -8 holders.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2019 was Millennium Management, an estimated $2.07M added.
  • The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2019 was UBS Group, an estimated $17.7M sold.

Based on aggregated 13F filings for Q1 2019.