Royce Global Value Trust
35 hedge funds and large institutions have $12.3M invested in Royce Global Value Trust in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 34 → 35 (+1)
3% less capital invested
Capital invested by funds: $12.7M → $12.3M (-$356K)
2.02% less ownership
Funds ownership: 24.4% → 22.38% (-2%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$227K |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$206K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$194K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$130K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$39.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$306K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$122K |
| 3 |
Morgan Stanley
New York
|
-$36.8K |
| 4 |
LPL Financial
San Diego,
California
|
-$27.4K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$11.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Qube Research & Technologies (QRT)
London,
United Kingdom
| $27.4K | +$28.7K | +3,150 | New |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7.4K | – | – | – |
|
|
NSIM
28
North Star Investment Management
Chicago,
Illinois
| $1.2K | – | – | – |
|
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$122K | -13,371 | -99% |
|
30
Bank of America
Charlotte,
North Carolina
| $645 | – | – | – |
|
|
ME
31
McIlrath & Eck
Arlington,
Washington
| $645 | – | – | – |
|
|
WT
32
Washington Trust
Westerly,
Rhode Island
| $209 | – | – | – |
|
|
SIS
33
Sound Income Strategies
Ft Lauderdale,
Florida
| $194 | – | – | – |
|
34
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $44 | +$46 | +5 | New |
|
|
SPIA
35
Steward Partners Investment Advisory
New York
| $9 | – | – | – |
|
|
1W
36
1776 Wealth
Atlanta,
Georgia
| – | -$306K | -33,152 | Closed |
|
|
WP
37
WealthPLAN Partners
Omaha,
Nebraska
| – | -$2.93K | -317 | Closed |
|
RGT Hedge Fund Activity: Q3 2023 in Review
35 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2023, worth a combined $12.3M — down 2.8% from $12.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RGT positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $227K. The largest seller was 1776 Wealth, exiting entirely with an estimated $306K sold.
- 35 institutional investors held Royce Global Value Trust (RGT) as of Q3 2023, up from 34 in Q2 2023.
- Funds reported $12.3M of Royce Global Value Trust stock for Q3 2023, down 2.8% quarter-over-quarter.
- 3 funds opened new Royce Global Value Trust positions in Q3 2023 and 2 closed out, a net change of +1 holder.
- The largest Royce Global Value Trust buyer in Q3 2023 was Cornerstone Advisors, an estimated $227K added.
- The largest Royce Global Value Trust seller in Q3 2023 was 1776 Wealth, an estimated $306K sold.
Based on aggregated 13F filings for Q3 2023.