Royce Global Value Trust
53 hedge funds and large institutions have $39.4M invested in Royce Global Value Trust in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 6 closing their positions.
0% less capital invested
Capital invested by funds: $39.6M → $39.4M (-$131K)
0.62% less ownership
Funds ownership: 35.1% → 34.49% (-0.62%)
7% less funds holding
Funds holding: 57 → 53 (-4)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.52M |
| 2 |
RVPG
Relative Value Partners Group
|
+$148K |
| 3 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$145K |
| 4 |
Morgan Stanley
New York
|
+$89.6K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$82.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.77M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$822K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$664K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$422K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$269K |
RGT Hedge Fund Activity: Q1 2018 in Review
53 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q1 2018, worth a combined $39.4M — down 0.33% from $39.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RGT and 2 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 13 added.
The largest buyer was Saba Capital Management, adding an estimated $3.52M. The largest seller was Matisse Capital, cutting an estimated $1.77M.
- 53 institutional investors held Royce Global Value Trust (RGT) as of Q1 2018, down from 57 in Q4 2017.
- Funds reported $39.4M of Royce Global Value Trust stock for Q1 2018, down 0.33% quarter-over-quarter.
- 2 funds opened new Royce Global Value Trust positions in Q1 2018 and 6 closed out, a net change of -4 holders.
- The largest Royce Global Value Trust buyer in Q1 2018 was Saba Capital Management, an estimated $3.52M added.
- The largest Royce Global Value Trust seller in Q1 2018 was Matisse Capital, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2018.