Royce Global Value Trust
55 hedge funds and large institutions have $31.3M invested in Royce Global Value Trust in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 6 closing their positions.
13% more capital invested
Capital invested by funds: $27.7M → $31.3M (+$3.58M)
1.05% more ownership
Funds ownership: 33.3% → 34.35% (+1.1%)
5% less funds holding
Funds holding: 58 → 55 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$1.46M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$590K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$460K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$323K |
| 5 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
+$97.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$802K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$314K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$223K |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$207K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$9K | -1,135 | Closed |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -585 | Closed |
|
53
Creative Planning
Overland Park,
Kansas
| – | -$4.04K | -475 | -90% |
|
|
WA
54
WFG Advisors
Dallas,
Texas
| – | -$9 | -1 | -4% |
|
RGT Hedge Fund Activity: Q1 2017 in Review
55 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q1 2017, worth a combined $31.3M — up 13% from $27.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RGT and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 11 added.
The largest buyer was Private Management Group, opening a new position worth an estimated $1.46M. The largest seller was Wolverine Asset Management, cutting an estimated $802K.
- 55 institutional investors held Royce Global Value Trust (RGT) as of Q1 2017, down from 58 in Q4 2016.
- Funds reported $31.3M of Royce Global Value Trust stock for Q1 2017, up 13% quarter-over-quarter.
- 4 funds opened new Royce Global Value Trust positions in Q1 2017 and 6 closed out, a net change of -2 holders.
- The largest Royce Global Value Trust buyer in Q1 2017 was Private Management Group, an estimated $1.46M added.
- The largest Royce Global Value Trust seller in Q1 2017 was Wolverine Asset Management, an estimated $802K sold.
Based on aggregated 13F filings for Q1 2017.