Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Eaton Vance Risk-Managed Div (ETJ)

121 + Investors. Track Smart Money conviction in ETJ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
1Q ▲
Buyers last Q
63%

Smart Money Signals — ETJ

Based on 123 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ETJ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
123 hedge funds hold ETJ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

61 buying36 selling
Last quarter: 61 funds were net buyers (16 opened a brand new position + 45 added to an existing one). Only 36 were sellers (27 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new ETJ position: 13 → 17 → 10 → 16. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 27% medium ■ 15% new
72 out of 123 hedge funds have held ETJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~16 new funds/quarter

21 → 13 → 17 → 10 → 16 new funds/Q
New funds entering each quarter: 13 → 17 → 10 → 16. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

■ 65% veterans ■ 10% 1-2yr ■ 25% new
Entry-cohort mix of 123 holders: 80 (65%) are 2+ year veterans, 12 entered 1–2 years ago, and 31 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
15 of 122 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ETJ

In 2026 Q2, 61 hedge funds were net buyers of ETJ (16 opened a new position, 45 added to an existing one), while 36 reduced or exited (27 trimmed, 9 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. 38% of total institutional value in ETJ is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 123.

Hedge Fund Ownership: ETJ

How many hedge funds hold ETJ — quarterly history vs. share price
Quarterly hedge fund ownership of ETJ vs. share price

Market Analysis: ETJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETJ

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: ETJ
2026 Q3 Stats Unlock in 39 days 121 + Investors

Track Smart Money conviction in ETJ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 121 116 4.31%
13F Shares 14M 14M 2.87%
Total Value $115M $110M 4.26%
New Positions 15 10 +5
Increased Positions 45 49 -4
Closed Positions 9 11 -2
Reduced Positions 27 31 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ETJ

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Institutional Holders (2026 Q2)

121 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ETJ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ETJ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rpo LLC 1.13% 41,442 $343K
2 PMG Family Office LLC 0.83% 108,555 $898K
3 Financial Alternatives, Inc 0.73% 180,120 $1.5M
4 Shaker Financial Services, LLC 0.54% 206,902 $1.7M
5 Pointe Capital Management LLC 0.29% 77,964 $645K
6 Decision Investments, Inc 0.26% 34,307 $284K
7 Closed-End Fund Advisors, Inc. 0.19% 23,364 $193K
8 Winebrenner Capital Management LLC 0.15% 30,000 $248K
9 David J Yvars Group 0.15% 37,882 $313K
10 Harbour Wealth Management Group, Inc. 0.13% 23,212 $192K
11 Successful Portfolios LLC 0.10% 25,102 $213K
12 WESPAC Advisors, LLC 0.10% 24,000 $198K
13 Kmt Wealth Management, LLC 0.08% 11,230 $93K
14 Kingsbury Capital Investment Advisors LLC 0.08% 11,230 $93K
15 Garden State Investment Advisory Services LLC 0.08% 51,645 $427K
16 Guggenheim Capital LLC 0.07% 1,400,673 $11.6M
17 First Heartland Consultants, Inc. 0.07% 129,146 $1.1M
18 Everstar Asset Management, LLC 0.07% 16,955 $140K
19 Advisors Asset Management, Inc. 0.06% 481,799 $4.0M
20 Primoris Wealth Advisors, LLC 0.06% 16,083 $133K
21 Semus Wealth Partners LLC 0.05% 13,497 $112K
22 Strategic Financial Concepts, LLC 0.04% 16,600 $137K
23 Wealth Effects LLC 0.04% 17,796 $147K
24 Formidable Asset Management, LLC 0.04% 28,583 $234K
25 Vista Investment Partners II, LLC 0.04% 11,036 $91K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Eaton Vance Risk-Managed Div (ETJ)

What does the Smart Money Trend signal show for ETJ?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ETJ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ETJ?

More buyers than sellers — 63% buying: Last quarter: 61 funds were net buyers (16 opened a brand new position + 45 added to an existing one). Only 36 were sellers (27 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ETJ holders?

Strong quality — 38% AUM from major funds: 15 of 122 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ETJ?

59% of holders stayed for 2+ years: 72 out of 123 hedge funds have held ETJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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