Royce Global Value Trust
50 hedge funds and large institutions have $24.7M invested in Royce Global Value Trust in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 6 closing their positions.
12% more capital invested
Capital invested by funds: $22M → $24.7M (+$2.65M)
2.29% more ownership
Funds ownership: 26.77% → 29.05% (+2.3%)
6% less funds holding
Funds holding: 53 → 50 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.11M |
| 2 |
Morgan Stanley
New York
|
+$1.06M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$514K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$382K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$1.22M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$473K |
| 3 |
SG Americas Securities
New York
|
-$311K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$117K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$112K |
RGT Hedge Fund Activity: Q2 2015 in Review
50 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q2 2015, worth a combined $24.7M — up 12% from $22M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RGT and 4 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 8 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.11M. The largest seller was First Manhattan, cutting an estimated $1.22M.
- 50 institutional investors held Royce Global Value Trust (RGT) as of Q2 2015, down from 53 in Q1 2015.
- Funds reported $24.7M of Royce Global Value Trust stock for Q2 2015, up 12% quarter-over-quarter.
- 4 funds opened new Royce Global Value Trust positions in Q2 2015 and 6 closed out, a net change of -2 holders.
- The largest Royce Global Value Trust buyer in Q2 2015 was Raymond James & Associates, an estimated $2.11M added.
- The largest Royce Global Value Trust seller in Q2 2015 was First Manhattan, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2015.