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RMT

Royce Micro-Cap Trust

50 hedge funds and large institutions have $78.6M invested in Royce Micro-Cap Trust in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.38% less ownership

Funds ownership: 24.8%21.43% (-3.4%)

6% less funds holding

Funds holding: 5350 (-3)

15% less capital invested

Capital invested by funds: $92.2M → $78.6M (-$13.6M)

24% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 21

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
50
Holders Change
-3
Holders Change %
-5.66%
% of All Funds
1.45%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
16
Reduced
21
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GWI
26
Grace & White Inc
New York
$405K
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$369K -$29.4K -2,394 -7%
DADC
28
D.A. Davidson & Co
Montana
$348K +$2.07K +168 +0.6%
CWM
29
Concert Wealth Management
California
$346K -$812 -66 -0.2%
HFS
30
HL Financial Services
Kentucky
$341K
NGA
31
Naples Global Advisors
Florida
$329K
Deutsche Bank
32
Deutsche Bank
Germany
$327K +$13.2K +1,071 +4%
TJHA
33
Thomas J. Herzfeld Advisors
Florida
$262K -$436K -35,432 -61%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$245K -$20.4K -1,659 -7%
PPA
35
Parametric Portfolio Associates
Washington
$207K -$25.4K -2,066 -11%
SKK
36
Shepherd Kaplan Krochuk
Massachusetts
$206K
UR
37
USCA RIA
Texas
$201K
Stifel Financial
38
Stifel Financial
Missouri
$131K
RJT
39
Raymond James Trust
Florida
$129K
BBPWM
40
Blue Bell Private Wealth Management
Pennsylvania
$78K -$87.7K -7,129 -52%
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$61K +$2.44K +198 +4%
Fifth Third Bancorp
42
Fifth Third Bancorp
Ohio
$59K +$62.1K +5,046 New
TDC
43
Thompson Davis & Co
Virginia
$44K +$1.76K +143 +4%
MA
44
MUFG Americas
New York
$33K +$676 +55 +2%
DOA
45
D'Orazio & Associates
Virginia
$28K
Thrivent Financial for Lutherans
46
Thrivent Financial for Lutherans
Minnesota
$22K +$23.8K +1,932 New
Creative Planning
47
Creative Planning
Kansas
$14K -$167K -13,547 -92%
MCM
48
Manchester Capital Management
Vermont
$11K
Citigroup
49
Citigroup
New York
$3K -$12.7K -1,030 -80%
BI
50
Bulldog Investors
New Jersey
-$2.15M -170,134 Closed

RMT Hedge Fund Activity: Q3 2014 in Review

50 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q3 2014, worth a combined $78.6M — down 15% from $92.2M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of RMT and 3 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 16 added.

The largest buyer was Wells Fargo, adding an estimated $801K. The largest seller was Gramercy Funds Management, cutting an estimated $3.09M.

  • 50 institutional investors held Royce Micro-Cap Trust (RMT) as of Q3 2014, down from 53 in Q2 2014.
  • Funds reported $78.6M of Royce Micro-Cap Trust stock for Q3 2014, down 15% quarter-over-quarter.
  • 3 funds opened new Royce Micro-Cap Trust positions in Q3 2014 and 6 closed out, a net change of -3 holders.
  • The largest Royce Micro-Cap Trust buyer in Q3 2014 was Wells Fargo, an estimated $801K added.
  • The largest Royce Micro-Cap Trust seller in Q3 2014 was Gramercy Funds Management, an estimated $3.09M sold.

Based on aggregated 13F filings for Q3 2014.