Royce Global Value Trust
52 hedge funds and large institutions have $39.2M invested in Royce Global Value Trust in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 9 closing their positions.
0.97% less ownership
Funds ownership: 37.96% → 36.99% (-0.97%)
1% less capital invested
Capital invested by funds: $39.6M → $39.2M (-$427K)
5% less funds holding
Funds holding: 55 → 52 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$483K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$433K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$385K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$345K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.4M |
| 2 |
Morgan Stanley
New York
|
-$785K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$233K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$194K |
| 5 |
SCM
Saba Capital Management
New York
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Whittier Trust
South Pasadena,
California
| $1K | +$764 | +75 | New |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$14K | -1,328 | Closed |
|
|
GWMIA
53
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$3K | -275 | Closed |
|
|
CFGS
54
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.08K | -106 | Closed |
|
|
BC
55
Bartlett & Co
Cincinnati,
Ohio
| – | -$1K | -96 | Closed |
|
|
BCWM
56
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$1.01K | -96 | Closed |
|
RGT Hedge Fund Activity: Q3 2019 in Review
52 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2019, worth a combined $39.2M — down 1.1% from $39.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RGT and 6 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $483K. The largest seller was Raymond James & Associates, cutting an estimated $1.4M.
- 52 institutional investors held Royce Global Value Trust (RGT) as of Q3 2019, down from 55 in Q2 2019.
- Funds reported $39.2M of Royce Global Value Trust stock for Q3 2019, down 1.1% quarter-over-quarter.
- 6 funds opened new Royce Global Value Trust positions in Q3 2019 and 9 closed out, a net change of -3 holders.
- The largest Royce Global Value Trust buyer in Q3 2019 was Shaker Financial Services, an estimated $483K added.
- The largest Royce Global Value Trust seller in Q3 2019 was Raymond James & Associates, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2019.