Royce Global Value Trust
55 hedge funds and large institutions have $21.4M invested in Royce Global Value Trust in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
10% more funds holding
Funds holding: 50 → 55 (+5)
0.61% more ownership
Funds ownership: 29.05% → 29.66% (+0.61%)
13% less capital invested
Capital invested by funds: $24.7M → $21.4M (-$3.25M)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.44M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$282K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$243K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$233K |
| 5 |
GWI
Grace & White Inc
Ny,
New York
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$582K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$520K |
| 3 |
Lazard Asset Management
New York
|
-$304K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$298K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$968 | +126 | New |
|
|
WEC
52
Winslow Evans & Crocker
Boston,
Massachusetts
| $464 | – | – | – |
|
|
SFS
53
Shaker Financial Services
Arlington,
Virginia
| – | -$520K | -62,565 | Closed |
|
|
CCMW
54
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$8 | -1 | Closed |
|
RGT Hedge Fund Activity: Q3 2015 in Review
55 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2015, worth a combined $21.4M — down 13% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RGT positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.44M. The largest seller was First Manhattan, cutting an estimated $582K.
- 55 institutional investors held Royce Global Value Trust (RGT) as of Q3 2015, up from 50 in Q2 2015.
- Funds reported $21.4M of Royce Global Value Trust stock for Q3 2015, down 13% quarter-over-quarter.
- 7 funds opened new Royce Global Value Trust positions in Q3 2015 and 2 closed out, a net change of +5 holders.
- The largest Royce Global Value Trust buyer in Q3 2015 was 1607 Capital Partners, an estimated $1.44M added.
- The largest Royce Global Value Trust seller in Q3 2015 was First Manhattan, an estimated $582K sold.
Based on aggregated 13F filings for Q3 2015.