Royce Micro-Cap Trust
RMT
90 hedge funds and large institutions have $152M invested in Royce Micro-Cap Trust in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 13 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
1.34% less ownership
Funds ownership: 33.93% → 32.59% (-1.3%)
8% less funds holding
Funds holding: 98 → 90 (-8)
13% less capital invested
Capital invested by funds: $174M → $152M (-$21.8M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.57M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$943K |
| 3 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$583K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$573K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$6.95M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.98M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$1.25M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.05M |
RMT Hedge Fund Activity: Q1 2022 in Review
90 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q1 2022, worth a combined $152M — down 13% from $174M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of RMT and 6 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $6.57M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $6.95M sold.
- 90 institutional investors held Royce Micro-Cap Trust (RMT) as of Q1 2022, down from 98 in Q4 2021.
- Funds reported $152M of Royce Micro-Cap Trust stock for Q1 2022, down 13% quarter-over-quarter.
- 6 funds opened new Royce Micro-Cap Trust positions in Q1 2022 and 13 closed out, a net change of -7 holders.
- The largest Royce Micro-Cap Trust buyer in Q1 2022 was Morgan Stanley, an estimated $6.57M added.
- The largest Royce Micro-Cap Trust seller in Q1 2022 was Cornerstone Advisors, an estimated $6.95M sold.
Based on aggregated 13F filings for Q1 2022.