Royce Global Value Trust
58 hedge funds and large institutions have $27.7M invested in Royce Global Value Trust in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 14 reducing their positions, and 8 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
0.67% less ownership
Funds ownership: 33.97% → 33.3% (-0.67%)
3% less capital invested
Capital invested by funds: $28.6M → $27.7M (-$841K)
6% less funds holding
Funds holding: 62 → 58 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$394K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$240K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$160K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$156K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$956K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$303K |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
-$232K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$103K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$88.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
51
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$956K | -117,716 | Closed |
|
|
ST
52
Sentinel Trust
Houston,
Texas
| – | -$232K | -28,519 | Closed |
|
|
PVWM
53
Point View Wealth Management
Summit,
New Jersey
| – | -$103K | -12,681 | Closed |
|
|
PCP
54
Proficio Capital Partners
Newton,
Massachusetts
| – | -$10K | -1,260 | Closed |
|
|
JFA
55
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$7K | -875 | Closed |
|
|
S
56
SignatureFD
Atlanta,
Georgia
| – | -$7K | -875 | Closed |
|
|
WIC
57
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$4K | -492 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$3K | -340 | Closed |
|
59
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$988 | -125 | -98% |
|
|
TIM
60
Tortoise Investment Management
White Plains,
New York
| – | +$332 | +42 | New |
|
RGT Hedge Fund Activity: Q4 2016 in Review
58 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2016, worth a combined $27.7M — down 2.9% from $28.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RGT and 4 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 27 added.
The largest buyer was Oppenheimer & Co, opening a new position worth an estimated $394K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $956K sold.
- 58 institutional investors held Royce Global Value Trust (RGT) as of Q4 2016, down from 62 in Q3 2016.
- Funds reported $27.7M of Royce Global Value Trust stock for Q4 2016, down 2.9% quarter-over-quarter.
- 4 funds opened new Royce Global Value Trust positions in Q4 2016 and 8 closed out, a net change of -4 holders.
- The largest Royce Global Value Trust buyer in Q4 2016 was Oppenheimer & Co, an estimated $394K added.
- The largest Royce Global Value Trust seller in Q4 2016 was Rivernorth Capital Management, an estimated $956K sold.
Based on aggregated 13F filings for Q4 2016.