Royce Global Value Trust
59 hedge funds and large institutions have $23.6M invested in Royce Global Value Trust in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0% more funds holding
Funds holding: 59 → 59 (0)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
1.22% less ownership
Funds ownership: 29.98% → 28.77% (-1.2%)
11% less capital invested
Capital invested by funds: $26.7M → $23.6M (-$3.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$780K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$546K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$486K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$299K |
| 5 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$92.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.55M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$729K |
| 3 |
Morgan Stanley
New York
|
-$257K |
| 4 |
Lazard Asset Management
New York
|
-$179K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
51
Thompson Davis & Co
Richmond,
Virginia
| $1K | +$8 | +1 | +1% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $1K | +$1.38K | +166 | New |
|
|
WEC
53
Winslow Evans & Crocker
Boston,
Massachusetts
| $532 | – | – | – |
|
|
CCMW
54
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| $8 | +$8 | +1 | New |
|
|
BRWA
55
B. Riley Wealth Advisors
Boca Raton,
Florida
| $1 | +$631 | +76 | New |
|
|
56
Cohen & Steers
New York
| – | -$1.55M | -178,471 | Closed |
|
|
VFS
57
VSR Financial Services
Overland Park,
Kansas
| – | -$729K | -83,715 | Closed |
|
|
58
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$142K | -16,295 | Closed |
|
|
GC
59
Guggenheim Capital
Chicago,
Illinois
| – | -$98K | -11,169 | Closed |
|
60
Ameriprise
Minneapolis,
Minnesota
| – | -$39K | -4,488 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -726 | Closed |
|
|
BAM
62
Barrett Asset Management
New York
| – | -$5K | -621 | Closed |
|
|
FMII
63
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$4K | -503 | Closed |
|
|
AC
64
Alexandria Capital
Arlington,
Virginia
| – | -$598 | -72 | -64% |
|
RGT Hedge Fund Activity: Q4 2014 in Review
59 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2014, worth a combined $23.6M — down 11% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RGT positions and 8 closed out — a net gain of 1 holder — while 18 added to existing stakes and 18 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $780K. The largest seller was Cohen & Steers, exiting entirely with an estimated $1.55M sold.
- 59 institutional investors held Royce Global Value Trust (RGT) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $23.6M of Royce Global Value Trust stock for Q4 2014, down 11% quarter-over-quarter.
- 9 funds opened new Royce Global Value Trust positions in Q4 2014 and 8 closed out, a net change of +1 holder.
- The largest Royce Global Value Trust buyer in Q4 2014 was Raymond James & Associates, an estimated $780K added.
- The largest Royce Global Value Trust seller in Q4 2014 was Cohen & Steers, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2014.