Royce Global Value Trust
67 hedge funds and large institutions have $24.8M invested in Royce Global Value Trust in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
20% more funds holding
Funds holding: 56 → 67 (+11)
16% more capital invested
Capital invested by funds: $21.5M → $24.8M (+$3.33M)
1.5% more ownership
Funds ownership: 29.69% → 31.2% (+1.5%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$405K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$405K |
| 3 |
LCS
Levin Capital Strategies
New York
|
+$369K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$299K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$757K |
| 2 |
RVPG
Relative Value Partners Group
|
-$394K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$329K |
| 4 |
Morgan Stanley
New York
|
-$323K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$229K |
RGT Hedge Fund Activity: Q4 2015 in Review
67 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2015, worth a combined $24.8M — up 16% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RGT positions and 4 closed out — a net gain of 11 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $405K. The largest seller was First Manhattan, exiting entirely with an estimated $757K sold.
- 67 institutional investors held Royce Global Value Trust (RGT) as of Q4 2015, up from 56 in Q3 2015.
- Funds reported $24.8M of Royce Global Value Trust stock for Q4 2015, up 16% quarter-over-quarter.
- 15 funds opened new Royce Global Value Trust positions in Q4 2015 and 4 closed out, a net change of +11 holders.
- The largest Royce Global Value Trust buyer in Q4 2015 was Cornerstone Advisors, an estimated $405K added.
- The largest Royce Global Value Trust seller in Q4 2015 was First Manhattan, an estimated $757K sold.
Based on aggregated 13F filings for Q4 2015.