Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
118 hedge funds and large institutions have $116M invested in Eaton Vance Risk-Managed Diversified Equity Income Fund in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 8 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% less funds holding
Funds holding: 119 → 118 (-1)
1.25% less ownership
Funds ownership: 22.27% → 21.02% (-1.2%)
13% less capital invested
Capital invested by funds: $132M → $116M (-$16.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPIA
Steward Partners Investment Advisory
New York
|
+$887K |
| 2 |
P
&Partners
Nashville,
Tennessee
|
+$664K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$597K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$513K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$6.72M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.44M |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$1.18M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
-$1.02M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$409K |
ETJ Hedge Fund Activity: Q1 2026 in Review
118 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) for Q1 2026, worth a combined $116M — down 13% from $132M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ETJ positions and 8 closed out — a net gain of 1 holder — while 51 added to existing stakes and 32 trimmed.
The largest buyer was Steward Partners Investment Advisory, adding an estimated $887K. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $6.72M sold.
- 118 institutional investors held Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) as of Q1 2026, down from 119 in Q4 2025.
- Funds reported $116M of Eaton Vance Risk-Managed Diversified Equity Income Fund stock for Q1 2026, down 13% quarter-over-quarter.
- 9 funds opened new Eaton Vance Risk-Managed Diversified Equity Income Fund positions in Q1 2026 and 8 closed out, a net change of +1 holder.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund buyer in Q1 2026 was Steward Partners Investment Advisory, an estimated $887K added.
- The largest Eaton Vance Risk-Managed Diversified Equity Income Fund seller in Q1 2026 was Cornerstone Advisors, an estimated $6.72M sold.
Based on aggregated 13F filings for Q1 2026.