Royce Global Value Trust
63 hedge funds and large institutions have $28.7M invested in Royce Global Value Trust in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
9% more funds holding
Funds holding: 58 → 63 (+5)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
5% more capital invested
Capital invested by funds: $27.3M → $28.7M (+$1.32M)
0.15% less ownership
Funds ownership: 34.24% → 34.08% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$496K |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$409K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$299K |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$238K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.22M |
| 2 |
ST
Sentinel Trust
Houston,
Texas
|
-$424K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$337K |
| 4 |
Lazard Asset Management
New York
|
-$208K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$79K |
RGT Hedge Fund Activity: Q3 2016 in Review
63 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2016, worth a combined $28.7M — up 4.8% from $27.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RGT positions and 3 closed out — a net gain of 5 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Geode Capital Management, opening a new position worth an estimated $496K. The largest seller was Morgan Stanley, cutting an estimated $1.22M.
- 63 institutional investors held Royce Global Value Trust (RGT) as of Q3 2016, up from 58 in Q2 2016.
- Funds reported $28.7M of Royce Global Value Trust stock for Q3 2016, up 4.8% quarter-over-quarter.
- 8 funds opened new Royce Global Value Trust positions in Q3 2016 and 3 closed out, a net change of +5 holders.
- The largest Royce Global Value Trust buyer in Q3 2016 was Geode Capital Management, an estimated $496K added.
- The largest Royce Global Value Trust seller in Q3 2016 was Morgan Stanley, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2016.