Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
87 hedge funds and large institutions have $89.7M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $79.7M → $89.7M (+$10M)
1.62% more ownership
Funds ownership: 15.79% → 17.4% (+1.6%)
4% less funds holding
Funds holding: 91 → 87 (-4)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.53M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.86M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$443K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$432K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$480K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$386K |
| 3 |
EC
Elequin Capital
New York
|
-$348K |
| 4 |
FA
Financial Alternatives
La Jolla,
California
|
-$271K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$205K |
ETJ Hedge Fund Activity: Q4 2023 in Review
87 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q4 2023, worth a combined $89.7M — up 13% from $79.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ETJ and 8 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 26 added.
The largest buyer was LPL Financial, adding an estimated $4.53M. The largest seller was Morgan Stanley, cutting an estimated $480K.
- 87 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q4 2023, down from 91 in Q3 2023.
- Funds reported $89.7M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q4 2023, up 13% quarter-over-quarter.
- 8 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q4 2023 and 12 closed out, a net change of -4 holders.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q4 2023 was LPL Financial, an estimated $4.53M added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q4 2023 was Morgan Stanley, an estimated $480K sold.
Based on aggregated 13F filings for Q4 2023.