Royce Global Value Trust
56 hedge funds and large institutions have $49.2M invested in Royce Global Value Trust in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
26% more capital invested
Capital invested by funds: $39.2M → $49.2M (+$10M)
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
8% more funds holding
Funds holding: 52 → 56 (+4)
3.21% more ownership
Funds ownership: 36.99% → 40.2% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.12M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$859K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$400K |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$242K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$661K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$479K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$388K |
| 4 |
SCM
Saba Capital Management
New York
|
-$188K |
| 5 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
51
EPG Wealth Management
Atlanta,
Georgia
| $1K | +$473 | +44 | New |
|
|
CFGS
52
Concourse Financial Group Securities
Birmingham,
Alabama
| $1K | +$1.14K | +106 | New |
|
|
HIA
53
Harbor Investment Advisory
Lutherville,
Maryland
| $1K | +$1.37K | +127 | New |
|
|
SFS
54
Shaker Financial Services
Arlington,
Virginia
| – | -$479K | -47,373 | Closed |
|
|
MPM
55
Meritage Portfolio Management
Overland Park,
Kansas
| – | -$176K | -17,407 | Closed |
|
|
QCIG
56
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$24K | -2,334 | Closed |
|
|
FDCDDQ
57
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$7.96K | -787 | Closed |
|
|
PFGIA
58
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$1.96K | -182 | -88% |
|
|
WT
59
Whittier Trust
South Pasadena,
California
| – | -$1K | -75 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
RGT Hedge Fund Activity: Q4 2019 in Review
56 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2019, worth a combined $49.2M — up 26% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RGT positions and 5 closed out — a net gain of 4 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $1.12M. The largest seller was Raymond James & Associates, cutting an estimated $661K.
- 56 institutional investors held Royce Global Value Trust (RGT) as of Q4 2019, up from 52 in Q3 2019.
- Funds reported $49.2M of Royce Global Value Trust stock for Q4 2019, up 26% quarter-over-quarter.
- 9 funds opened new Royce Global Value Trust positions in Q4 2019 and 5 closed out, a net change of +4 holders.
- The largest Royce Global Value Trust buyer in Q4 2019 was Bulldog Investors, an estimated $1.12M added.
- The largest Royce Global Value Trust seller in Q4 2019 was Raymond James & Associates, an estimated $661K sold.
Based on aggregated 13F filings for Q4 2019.