Royce Global Value Trust
63 hedge funds and large institutions have $26.1M invested in Royce Global Value Trust in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 8 closing their positions.
12% more capital invested
Capital invested by funds: $23.2M → $26.1M (+$2.88M)
1.86% more ownership
Funds ownership: 25.48% → 27.34% (+1.9%)
3% less funds holding
Funds holding: 65 → 63 (-2)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.78M |
| 2 |
Cohen & Steers
New York
|
+$830K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$627K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$513K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$666K |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$519K |
| 3 |
Lazard Asset Management
New York
|
-$332K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
-$305K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$251K |
RGT Hedge Fund Activity: Q2 2014 in Review
63 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q2 2014, worth a combined $26.1M — up 12% from $23.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RGT and 6 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $1.78M. The largest seller was First Foundation Advisors, exiting entirely with an estimated $666K sold.
- 63 institutional investors held Royce Global Value Trust (RGT) as of Q2 2014, down from 65 in Q1 2014.
- Funds reported $26.1M of Royce Global Value Trust stock for Q2 2014, up 12% quarter-over-quarter.
- 6 funds opened new Royce Global Value Trust positions in Q2 2014 and 8 closed out, a net change of -2 holders.
- The largest Royce Global Value Trust buyer in Q2 2014 was Morgan Stanley, an estimated $1.78M added.
- The largest Royce Global Value Trust seller in Q2 2014 was First Foundation Advisors, an estimated $666K sold.
Based on aggregated 13F filings for Q2 2014.