Royce Global Value Trust
62 hedge funds and large institutions have $28.6M invested in Royce Global Value Trust in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
7% more funds holding
Funds holding: 58 → 62 (+4)
4% more capital invested
Capital invested by funds: $27.3M → $28.6M (+$1.23M)
0.27% less ownership
Funds ownership: 34.24% → 33.97% (-0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$496K |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$409K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$299K |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$238K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.22M |
| 2 |
ST
Sentinel Trust
Houston,
Texas
|
-$424K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$337K |
| 4 |
Lazard Asset Management
New York
|
-$208K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MRCM
51
M&R Capital Management
Summit,
New Jersey
| $2K | – | – | – |
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
HI
53
Hudock Inc
Williamsport,
Pennsylvania
| $1K | – | – | – |
|
|
TDC
54
Thompson Davis & Co
Richmond,
Virginia
| $1K | – | – | – |
|
|
TSW
55
Thompson Siegel & Walmsley
Richmond,
Virginia
| $1K | – | – | – |
|
|
WEC
56
Winslow Evans & Crocker
Boston,
Massachusetts
| $538 | – | – | – |
|
|
57
Lazard Asset Management
New York
| – | -$208K | -27,382 | Closed |
|
|
58
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$92K | -12,084 | Closed |
|
|
LCM
59
Landscape Capital Management
Englewood,
New Jersey
| – | -$79K | -10,410 | Closed |
|
|
KLI
60
Kelman-Lazarov Inc
Memphis,
Tennessee
| – | -$594 | -78 | Closed |
|
|
CB
61
Community Bank
Dewitt,
New York
| – | +$294 | +37 | New |
|
62
First Manhattan
New York
| – | +$627 | +79 | New |
|
RGT Hedge Fund Activity: Q3 2016 in Review
62 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2016, worth a combined $28.6M — up 4.5% from $27.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RGT positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Geode Capital Management, opening a new position worth an estimated $496K. The largest seller was Morgan Stanley, cutting an estimated $1.22M.
- 62 institutional investors held Royce Global Value Trust (RGT) as of Q3 2016, up from 58 in Q2 2016.
- Funds reported $28.6M of Royce Global Value Trust stock for Q3 2016, up 4.5% quarter-over-quarter.
- 8 funds opened new Royce Global Value Trust positions in Q3 2016 and 4 closed out, a net change of +4 holders.
- The largest Royce Global Value Trust buyer in Q3 2016 was Geode Capital Management, an estimated $496K added.
- The largest Royce Global Value Trust seller in Q3 2016 was Morgan Stanley, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2016.