Royce Micro-Cap Trust
RMT
59 hedge funds and large institutions have $73.8M invested in Royce Micro-Cap Trust in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
18% more funds holding
Funds holding: 50 → 59 (+9)
2.04% more ownership
Funds ownership: 21.43% → 23.46% (+2%)
6% less capital invested
Capital invested by funds: $78.6M → $73.8M (-$4.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.83M |
| 2 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
+$1.16M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.04M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$304K |
| 5 |
LPL Financial
San Diego,
California
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.78M |
| 2 |
Morgan Stanley
New York
|
-$428K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$362K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$334K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| $28K | +$18.9K | +1,657 | +144% |
|
|
DOA
52
D'Orazio & Associates
Falls Church,
Virginia
| $24K | – | – | – |
|
53
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $24K | +$4.79K | +419 | +22% |
|
|
FM
54
Forward Management
San Francisco,
California
| $22K | +$24.8K | +2,175 | New |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $11K | -$46.2K | -4,049 | -78% |
|
|
MCM
56
Manchester Capital Management
Manchester,
Vermont
| $9K | – | – | – |
|
|
TJHA
57
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $4K | -$250K | -21,871 | -98% |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| $1K | +$719 | +63 | +158% |
|
|
GFM
59
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$4.78M | -405,854 | Closed |
|
|
BBPWM
60
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$74.9K | -6,556 | -99% |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$59K | -5,046 | Closed |
|
RMT Hedge Fund Activity: Q4 2014 in Review
59 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2014, worth a combined $73.8M — down 6.2% from $78.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RMT positions and 2 closed out — a net gain of 10 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $3.83M. The largest seller was Gramercy Funds Management, exiting entirely with an estimated $4.78M sold.
- 59 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2014, up from 50 in Q3 2014.
- Funds reported $73.8M of Royce Micro-Cap Trust stock for Q4 2014, down 6.2% quarter-over-quarter.
- 12 funds opened new Royce Micro-Cap Trust positions in Q4 2014 and 2 closed out, a net change of +10 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2014 was Weiss Asset Management, an estimated $3.83M added.
- The largest Royce Micro-Cap Trust seller in Q4 2014 was Gramercy Funds Management, an estimated $4.78M sold.
Based on aggregated 13F filings for Q4 2014.