ETJ Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Eaton Vance Risk-Managed Div (ETJ) following the 2026 Q2 hedge fund 13F filings?

As of today, ETJ has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLF sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), ETJ gained +3.1% vs +8.4% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Eaton Vance Risk-Managed Div (ETJ)

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

Smart Money Signals — ETJ

Based on 116 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their ETJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🏔️

At the ownership peak (99% of max)

99% of all-time peak

116 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.

🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q

+25 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 58% buying

59 buying42 selling

Last quarter: 59 funds bought or added vs 42 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 21 → 13 → 17 → 10. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 20% medium ■ 21% new

69 out of 116 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.

📊

Peak discovery — momentum slowing

10 → 21 → 13 → 17 → 10 new funds/Q

New funds entering each quarter: 21 → 13 → 17 → 10. ETJ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 64% veterans vs 26% newcomers

■ 64% veterans ■ 10% 1-2yr ■ 26% new

Entry-cohort mix of 116 holders: 74 (64%) are 2+ year veterans, 12 entered 1–2 years ago, and 30 (26%) 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

12 of 115 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.

3.8

out of 10

Low Exit Risk

Exit risk score 3.8/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	116	117	-0.85%
13F Shares	14M	15M	-6.17%
Total Value	$110M	$134M	-17.36%
New Positions	10	17	-7
Increased Positions	49	38	+11
Closed Positions	11	7	+4
Reduced Positions	31	43	-12
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

116

117

-0.85%

13F Shares

14M

15M

-6.17%

Total Value

$110M

$134M

-17.36%

New Positions

-7

Increased Positions

+11

Closed Positions

Reduced Positions

-12

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

116 + 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:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ETJ holders by conviction (% of portfolio weight) — 2026 Q1 · 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	Decision Investments, Inc	0.26%	34,307	$284K
6	Closed-End Fund Advisors, Inc.	0.19%	23,364	$193K
7	Winebrenner Capital Management LLC	0.15%	30,000	$248K
8	David J Yvars Group	0.15%	37,882	$313K
9	Harbour Wealth Management Group, Inc.	0.13%	23,212	$192K
10	Successful Portfolios LLC	0.10%	25,102	$213K
11	WESPAC Advisors, LLC	0.10%	24,000	$198K
12	Kmt Wealth Management, LLC	0.08%	11,230	$93K
13	Garden State Investment Advisory Services LLC	0.08%	51,645	$427K
14	Guggenheim Capital LLC	0.07%	1,400,673	$11.6M
15	First Heartland Consultants, Inc.	0.07%	129,146	$1.1M
16	Everstar Asset Management, LLC	0.07%	16,955	$140K
17	Advisors Asset Management, Inc.	0.06%	481,799	$4.0M
18	Primoris Wealth Advisors, LLC	0.06%	16,083	$133K
19	Semus Wealth Partners LLC	0.05%	13,497	$112K
20	Strategic Financial Concepts, LLC	0.04%	16,600	$137K
21	Wealth Effects LLC	0.04%	17,796	$147K
22	Formidable Asset Management, LLC	0.04%	28,583	$234K
23	Vista Investment Partners II, LLC	0.04%	11,036	$91K
24	IHT Wealth Management, LLC	0.03%	148,488	$1.2M
25	Ausdal Financial Partners, Inc.	0.03%	80,800	$668K

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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ETJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ETJ?

Slight buying edge — 58% buying: Last quarter: 59 funds bought or added vs 42 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ETJ holders?

Strong quality — 38% AUM from major funds: 12 of 115 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: 69 out of 116 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.

Is it too late to buy Eaton Vance Risk-Managed Div (ETJ) following the 2026 Q2 hedge fund 13F filings?

As of today, ETJ has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLF sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), ETJ has gained +3.1% vs +8.4% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Eaton Vance Risk-Managed Div (ETJ)

Smart Money Signals — ETJ

Selling streak — 1 quarter in a row

At the ownership peak (99% of max)

Fast accumulation — +27% more funds vs a year ago

Slight buying edge — 58% buying

Fewer new buyers each quarter (-7 vs last Q)

59% of holders stayed for 2+ years

Peak discovery — momentum slowing

Veteran-anchored — 64% veterans vs 26% newcomers

Strong quality — 38% AUM from major funds

Institutional Sentiment Summary — ETJ

Hedge Fund Ownership: ETJ

Market Analysis: ETJ

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ETJ

Is It Too Late to Buy Eaton Vance Risk-Managed Div (ETJ) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: ETJ

Statistics: ETJ

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

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

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