Royce Global Value Trust
34 hedge funds and large institutions have $11.2M invested in Royce Global Value Trust in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
14% more capital invested
Capital invested by funds: $9.78M → $11.2M (+$1.37M)
3% more funds holding
Funds holding: 33 → 34 (+1)
2.15% more ownership
Funds ownership: 20.2% → 22.35% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$830K |
| 2 |
Morgan Stanley
New York
|
+$286K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$220K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$99.8K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$89.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$279K |
| 2 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
-$175K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$28.1K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$26.8K |
| 5 |
LPL Financial
San Diego,
California
|
-$24.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
26
WealthPLAN Partners
Omaha,
Nebraska
| $2.85K | +$2.94K | +317 | New |
|
|
NSIM
27
North Star Investment Management
Chicago,
Illinois
| $1.24K | – | – | – |
|
|
IAIM
28
International Assets Investment Management
Orlando,
Florida
| $866 | +$890 | +96 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $666 | – | – | – |
|
|
ME
30
McIlrath & Eck
Arlington,
Washington
| $666 | – | – | – |
|
|
WT
31
Washington Trust
Westerly,
Rhode Island
| $216 | +$223 | +24 | New |
|
|
SIS
32
Sound Income Strategies
Ft Lauderdale,
Florida
| $200 | – | – | – |
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| $106 | +$2.32K | +250 | +2% |
|
|
SPIA
34
Steward Partners Investment Advisory
New York
| $9 | – | – | – |
|
|
AUB
35
Atlantic Union Bankshares
Glen Allen,
Virginia
| – | -$175K | -20,174 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5.26K | -608 | Closed |
|
|
MCC
37
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$874 | -101 | Closed |
|
RGT Hedge Fund Activity: Q1 2023 in Review
34 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q1 2023, worth a combined $11.2M — up 14% from $9.78M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RGT positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $830K. The largest seller was Royal Bank of Canada, cutting an estimated $279K.
- 34 institutional investors held Royce Global Value Trust (RGT) as of Q1 2023, up from 33 in Q4 2022.
- Funds reported $11.2M of Royce Global Value Trust stock for Q1 2023, up 14% quarter-over-quarter.
- 5 funds opened new Royce Global Value Trust positions in Q1 2023 and 3 closed out, a net change of +2 holders.
- The largest Royce Global Value Trust buyer in Q1 2023 was Saba Capital Management, an estimated $830K added.
- The largest Royce Global Value Trust seller in Q1 2023 was Royal Bank of Canada, an estimated $279K sold.
Based on aggregated 13F filings for Q1 2023.