Royce Micro-Cap Trust
RMT
58 hedge funds and large institutions have $73.1M invested in Royce Micro-Cap Trust in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 12 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
1.6% more ownership
Funds ownership: 23.52% → 25.12% (+1.6%)
2% more capital invested
Capital invested by funds: $71.8M → $73.1M (+$1.28M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 64 → 58 (-6)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.43M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.6M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.16M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$950K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$871K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$676K |
| 3 |
PFM
Parsec Financial Management
Asheville,
North Carolina
|
-$632K |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$438K |
| 5 |
LPL Financial
San Diego,
California
|
-$245K |
RMT Hedge Fund Activity: Q2 2015 in Review
58 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2015, worth a combined $73.1M — up 1.8% from $71.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RMT and 7 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 26 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $2.43M. The largest seller was SG Americas Securities, exiting entirely with an estimated $2.5M sold.
- 58 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2015, down from 64 in Q1 2015.
- Funds reported $73.1M of Royce Micro-Cap Trust stock for Q2 2015, up 1.8% quarter-over-quarter.
- 7 funds opened new Royce Micro-Cap Trust positions in Q2 2015 and 12 closed out, a net change of -5 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2015 was Punch & Associates Investment Management, an estimated $2.43M added.
- The largest Royce Micro-Cap Trust seller in Q2 2015 was SG Americas Securities, an estimated $2.5M sold.
Based on aggregated 13F filings for Q2 2015.