Royce Global Value Trust
55 hedge funds and large institutions have $39.6M invested in Royce Global Value Trust in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 18 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
17% more funds holding
Funds holding: 47 → 55 (+8)
3% less capital invested
Capital invested by funds: $41M → $39.6M (-$1.36M)
1.13% less ownership
Funds ownership: 39.09% → 37.96% (-1.1%)
67% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.08M |
| 2 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$476K |
| 3 |
SCM
Saba Capital Management
New York
|
+$348K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$258K |
| 5 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.54M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$191K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$160K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$58.3K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$53.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
51
Bartlett & Co
Cincinnati,
Ohio
| $1K | +$990 | +96 | New |
|
|
52
Geode Capital Management
Boston,
Massachusetts
| – | -$191K | -18,999 | Closed |
|
|
NSIM
53
North Star Investment Management
Chicago,
Illinois
| – | -$3K | -305 | Closed |
|
|
RAM
54
Riggs Asset Management
Dallas,
Pennsylvania
| – | +$41 | +4 | New |
|
|
LWM
55
Liberty Wealth Management
Oakland,
California
| – | +$186 | +18 | New |
|
|
RIA
56
Realta Investment Advisors
Wilmington,
Delaware
| – | +$485 | +47 | New |
|
RGT Hedge Fund Activity: Q2 2019 in Review
55 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q2 2019, worth a combined $39.6M — down 3.3% from $41M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RGT positions and 4 closed out — a net gain of 9 holders — while 6 added to existing stakes and 18 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $2.08M. The largest seller was Raymond James & Associates, cutting an estimated $1.54M.
- 55 institutional investors held Royce Global Value Trust (RGT) as of Q2 2019, up from 47 in Q1 2019.
- Funds reported $39.6M of Royce Global Value Trust stock for Q2 2019, down 3.3% quarter-over-quarter.
- 13 funds opened new Royce Global Value Trust positions in Q2 2019 and 4 closed out, a net change of +9 holders.
- The largest Royce Global Value Trust buyer in Q2 2019 was Bulldog Investors, an estimated $2.08M added.
- The largest Royce Global Value Trust seller in Q2 2019 was Raymond James & Associates, an estimated $1.54M sold.
Based on aggregated 13F filings for Q2 2019.