Royce Global Value Trust
44 hedge funds and large institutions have $16.9M invested in Royce Global Value Trust in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 15 closing their positions.
4% less funds holding
Funds holding: 46 → 44 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
33.34% less ownership
Funds ownership: 45.39% → 12.05% (-33%)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
71% less capital invested
Capital invested by funds: $58.5M → $16.9M (-$41.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$2.55M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$755K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$464K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$410K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$19.1M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$8.25M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.78M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
-$3.75M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.56M |
RGT Hedge Fund Activity: Q4 2020 in Review
44 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Royce Global Value Trust (RGT) for Q4 2020, worth a combined $16.9M — down 71% from $58.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of RGT and 13 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $2.55M. The largest seller was Saba Capital Management, cutting an estimated $19.1M.
- 44 institutional investors held Royce Global Value Trust (RGT) as of Q4 2020, down from 46 in Q3 2020.
- Funds reported $16.9M of Royce Global Value Trust stock for Q4 2020, down 71% quarter-over-quarter.
- 13 funds opened new Royce Global Value Trust positions in Q4 2020 and 15 closed out, a net change of -2 holders.
- The largest Royce Global Value Trust buyer in Q4 2020 was Nomura Holdings, an estimated $2.55M added.
- The largest Royce Global Value Trust seller in Q4 2020 was Saba Capital Management, an estimated $19.1M sold.
Based on aggregated 13F filings for Q4 2020.