Royce Global Value Trust
46 hedge funds and large institutions have $58.5M invested in Royce Global Value Trust in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 8 closing their positions.
12% more capital invested
Capital invested by funds: $52.3M → $58.5M (+$6.22M)
2.34% more ownership
Funds ownership: 43.06% → 45.39% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 49 → 46 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
65% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.15M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$391K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$313K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$277K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$677K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$599K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$180K |
| 4 |
PMG
Private Management Group
Irvine,
California
|
-$131K |
| 5 |
GWI
Grace & White Inc
Ny,
New York
|
-$112K |
RGT Hedge Fund Activity: Q3 2020 in Review
46 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q3 2020, worth a combined $58.5M — up 12% from $52.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RGT and 5 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 6 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.15M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $677K sold.
- 46 institutional investors held Royce Global Value Trust (RGT) as of Q3 2020, down from 49 in Q2 2020.
- Funds reported $58.5M of Royce Global Value Trust stock for Q3 2020, up 12% quarter-over-quarter.
- 5 funds opened new Royce Global Value Trust positions in Q3 2020 and 8 closed out, a net change of -3 holders.
- The largest Royce Global Value Trust buyer in Q3 2020 was Rivernorth Capital Management, an estimated $4.15M added.
- The largest Royce Global Value Trust seller in Q3 2020 was Clough Capital Partners, an estimated $677K sold.
Based on aggregated 13F filings for Q3 2020.