Royce Global Value Trust
47 hedge funds and large institutions have $41M invested in Royce Global Value Trust in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 7 closing their positions.
19% more capital invested
Capital invested by funds: $34.3M → $41M (+$6.68M)
2.1% more ownership
Funds ownership: 36.99% → 39.09% (+2.1%)
11% less funds holding
Funds holding: 53 → 47 (-6)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.86M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.98M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$443K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$206K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.33M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$742K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$317K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$163K |
| 5 |
Morgan Stanley
New York
|
-$132K |
RGT Hedge Fund Activity: Q1 2019 in Review
47 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q1 2019, worth a combined $41M — up 19% from $34.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RGT and 2 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.86M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $1.33M sold.
- 47 institutional investors held Royce Global Value Trust (RGT) as of Q1 2019, down from 53 in Q4 2018.
- Funds reported $41M of Royce Global Value Trust stock for Q1 2019, up 19% quarter-over-quarter.
- 2 funds opened new Royce Global Value Trust positions in Q1 2019 and 7 closed out, a net change of -5 holders.
- The largest Royce Global Value Trust buyer in Q1 2019 was Raymond James & Associates, an estimated $2.86M added.
- The largest Royce Global Value Trust seller in Q1 2019 was Punch & Associates Investment Management, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2019.