Royce Global Value Trust
53 hedge funds and large institutions have $34.3M invested in Royce Global Value Trust in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1.2% less ownership
Funds ownership: 38.19% → 36.99% (-1.2%)
2% less funds holding
Funds holding: 54 → 53 (-1)
18% less capital invested
Capital invested by funds: $41.8M → $34.3M (-$7.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$521K |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$308K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$159K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$131K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.29M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$577K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$333K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$174K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
51
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$7K | -695 | Closed |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| – | -$5K | -515 | Closed |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| – | -$1.21K | -129 | -71% |
|
54
JP Morgan Chase
New York
| – | +$9 | +1 | New |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | +$19 | +2 | New |
|
RGT Hedge Fund Activity: Q4 2018 in Review
53 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2018, worth a combined $34.3M — down 18% from $41.8M a quarter earlier.
Fund positioning in RGT was balanced in Q4 2018: 6 funds opened new positions, 6 closed out, 21 added to existing stakes and 12 trimmed.
The largest buyer was Private Management Group, adding an estimated $521K. The largest seller was Shaker Financial Services, cutting an estimated $1.29M.
- 53 institutional investors held Royce Global Value Trust (RGT) as of Q4 2018, down from 54 in Q3 2018.
- Funds reported $34.3M of Royce Global Value Trust stock for Q4 2018, down 18% quarter-over-quarter.
- 6 funds opened new Royce Global Value Trust positions in Q4 2018 and 6 closed out, a net change of 0 holders.
- The largest Royce Global Value Trust buyer in Q4 2018 was Private Management Group, an estimated $521K added.
- The largest Royce Global Value Trust seller in Q4 2018 was Shaker Financial Services, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2018.