Royce Global Value Trust
50 hedge funds and large institutions have $38M invested in Royce Global Value Trust in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
7% more capital invested
Capital invested by funds: $35.6M → $38M (+$2.41M)
0.5% less ownership
Funds ownership: 35.81% → 35.3% (-0.5%)
12% less funds holding
Funds holding: 57 → 50 (-7)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$902K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$348K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$256K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$249K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.2M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$709K |
| 3 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$109K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$105K |
| 5 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
-$99K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAA
51
Mraz Amerine & Associates
Modesto,
California
| – | -$99K | -10,300 | Closed |
|
|
PSUF
52
People's United Financial
Bridgeport,
Connecticut
| – | -$13K | -1,352 | Closed |
|
|
MRCM
53
M&R Capital Management
Summit,
New Jersey
| – | -$2K | -261 | Closed |
|
|
WEC
54
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$634 | -66 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$1K | -53 | Closed |
|
RGT Hedge Fund Activity: Q3 2017 in Review
50 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2017, worth a combined $38M — up 6.8% from $35.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RGT and 2 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was Shaker Financial Services, adding an estimated $902K. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $1.2M sold.
- 50 institutional investors held Royce Global Value Trust (RGT) as of Q3 2017, down from 57 in Q2 2017.
- Funds reported $38M of Royce Global Value Trust stock for Q3 2017, up 6.8% quarter-over-quarter.
- 2 funds opened new Royce Global Value Trust positions in Q3 2017 and 8 closed out, a net change of -6 holders.
- The largest Royce Global Value Trust buyer in Q3 2017 was Shaker Financial Services, an estimated $902K added.
- The largest Royce Global Value Trust seller in Q3 2017 was Financial & Investment Management Group, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2017.