Royce Micro-Cap Trust
RMT
56 hedge funds and large institutions have $94.5M invested in Royce Micro-Cap Trust in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
19% more funds holding
Funds holding: 47 → 56 (+9)
1.93% more ownership
Funds ownership: 24.27% → 26.2% (+1.9%)
5% more capital invested
Capital invested by funds: $90.2M → $94.5M (+$4.32M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.21M |
| 2 |
Morgan Stanley
New York
|
+$1.41M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.18M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$722K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$721K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$504K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$405K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$352K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$193K |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DOA
51
D'Orazio & Associates
Falls Church,
Virginia
| $30K | – | – | – |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| $29K | +$29.7K | +2,402 | New |
|
53
Creative Planning
Overland Park,
Kansas
| $14K | +$1.48K | +120 | +12% |
|
|
MCM
54
Manchester Capital Management
Manchester,
Vermont
| $11K | +$11.1K | +900 | New |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $7K | +$6.67K | +540 | New |
|
56
Citigroup
New York
| $5K | +$2.92K | +236 | +102% |
|
|
GC
57
Guggenheim Capital
Chicago,
Illinois
| – | -$193K | -15,287 | Closed |
|
|
58
Comerica Bank
Dallas,
Texas
| – | -$133K | -10,548 | Closed |
|
|
CA
59
Cetera Advisors
Denver,
Colorado
| – | -$129K | -10,174 | Closed |
|
RMT Hedge Fund Activity: Q1 2014 in Review
56 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q1 2014, worth a combined $94.5M — up 4.8% from $90.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RMT positions and 3 closed out — a net gain of 9 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.21M. The largest seller was SG Americas Securities, cutting an estimated $504K.
- 56 institutional investors held Royce Micro-Cap Trust (RMT) as of Q1 2014, up from 47 in Q4 2013.
- Funds reported $94.5M of Royce Micro-Cap Trust stock for Q1 2014, up 4.8% quarter-over-quarter.
- 12 funds opened new Royce Micro-Cap Trust positions in Q1 2014 and 3 closed out, a net change of +9 holders.
- The largest Royce Micro-Cap Trust buyer in Q1 2014 was Raymond James & Associates, an estimated $2.21M added.
- The largest Royce Micro-Cap Trust seller in Q1 2014 was SG Americas Securities, an estimated $504K sold.
Based on aggregated 13F filings for Q1 2014.