Royce Micro-Cap Trust
RMT
53 hedge funds and large institutions have $92.2M invested in Royce Micro-Cap Trust in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 6 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
2% less capital invested
Capital invested by funds: $94.5M → $92.2M (-$2.28M)
1.4% less ownership
Funds ownership: 26.2% → 24.8% (-1.4%)
5% less funds holding
Funds holding: 56 → 53 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.01M |
| 2 |
Morgan Stanley
New York
|
+$383K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$324K |
| 4 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$269K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.7M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.17M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$864K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$847K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$715K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $16K | +$9.99K | +825 | +177% |
|
|
NSIM
52
North Star Investment Management
Chicago,
Illinois
| $16K | +$15.1K | +1,246 | New |
|
|
MCM
53
Manchester Capital Management
Manchester,
Vermont
| $11K | – | – | – |
|
|
SFS
54
Shaker Financial Services
Arlington,
Virginia
| – | -$1.17M | -95,651 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$864K | -70,578 | Closed |
|
|
TC
56
TFS Capital
West Chester,
Pennsylvania
| – | -$714K | -58,297 | Closed |
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$49K | -4,000 | Closed |
|
|
WAM
58
Wolverine Asset Management
Chicago,
Illinois
| – | -$29K | -2,402 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$7K | -540 | Closed |
|
RMT Hedge Fund Activity: Q2 2014 in Review
53 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2014, worth a combined $92.2M — down 2.4% from $94.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RMT and 3 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 20 added.
The largest buyer was Wells Fargo, adding an estimated $1.01M. The largest seller was Bulldog Investors, cutting an estimated $2.7M.
- 53 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2014, down from 56 in Q1 2014.
- Funds reported $92.2M of Royce Micro-Cap Trust stock for Q2 2014, down 2.4% quarter-over-quarter.
- 3 funds opened new Royce Micro-Cap Trust positions in Q2 2014 and 6 closed out, a net change of -3 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2014 was Wells Fargo, an estimated $1.01M added.
- The largest Royce Micro-Cap Trust seller in Q2 2014 was Bulldog Investors, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2014.