Royce Global Value Trust
58 hedge funds and large institutions have $27.7M invested in Royce Global Value Trust in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 8 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
0.78% less ownership
Funds ownership: 34.08% → 33.3% (-0.78%)
3% less capital invested
Capital invested by funds: $28.7M → $27.7M (-$935K)
8% less funds holding
Funds holding: 63 → 58 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$394K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$240K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$160K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$156K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$956K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$303K |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
-$232K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$103K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$88.8K |
RGT Hedge Fund Activity: Q4 2016 in Review
58 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2016, worth a combined $27.7M — down 3.3% from $28.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RGT and 3 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 27 added.
The largest buyer was Oppenheimer & Co, opening a new position worth an estimated $394K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $956K sold.
- 58 institutional investors held Royce Global Value Trust (RGT) as of Q4 2016, down from 63 in Q3 2016.
- Funds reported $27.7M of Royce Global Value Trust stock for Q4 2016, down 3.3% quarter-over-quarter.
- 3 funds opened new Royce Global Value Trust positions in Q4 2016 and 8 closed out, a net change of -5 holders.
- The largest Royce Global Value Trust buyer in Q4 2016 was Oppenheimer & Co, an estimated $394K added.
- The largest Royce Global Value Trust seller in Q4 2016 was Rivernorth Capital Management, an estimated $956K sold.
Based on aggregated 13F filings for Q4 2016.