Royce Global Value Trust
58 hedge funds and large institutions have $27.3M invested in Royce Global Value Trust in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
9% more capital invested
Capital invested by funds: $25M → $27.3M (+$2.3M)
1.25% more ownership
Funds ownership: 32.98% → 34.24% (+1.3%)
6% less funds holding
Funds holding: 62 → 58 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$949K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$312K |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
+$299K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$291K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$703K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$225K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$182K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$152K |
| 5 |
RVPG
Relative Value Partners Group
|
-$146K |
RGT Hedge Fund Activity: Q2 2016 in Review
58 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q2 2016, worth a combined $27.3M — up 9.2% from $25M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RGT and 7 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 18 added.
The largest buyer was Matisse Capital, adding an estimated $949K. The largest seller was Morgan Stanley, cutting an estimated $703K.
- 58 institutional investors held Royce Global Value Trust (RGT) as of Q2 2016, down from 62 in Q1 2016.
- Funds reported $27.3M of Royce Global Value Trust stock for Q2 2016, up 9.2% quarter-over-quarter.
- 7 funds opened new Royce Global Value Trust positions in Q2 2016 and 11 closed out, a net change of -4 holders.
- The largest Royce Global Value Trust buyer in Q2 2016 was Matisse Capital, an estimated $949K added.
- The largest Royce Global Value Trust seller in Q2 2016 was Morgan Stanley, an estimated $703K sold.
Based on aggregated 13F filings for Q2 2016.