Royce Micro-Cap Trust
RMT
85 hedge funds and large institutions have $111M invested in Royce Micro-Cap Trust in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 11 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
1% more capital invested
Capital invested by funds: $110M → $111M (+$1.19M)
0.44% more ownership
Funds ownership: 28.42% → 28.86% (+0.44%)
2% less funds holding
Funds holding: 87 → 85 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.94M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$1.09M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$582K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$535K |
| 5 |
Walleye Capital
New York
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.43M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.09M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.06M |
| 4 |
Morgan Stanley
New York
|
-$1M |
| 5 |
LPL Financial
San Diego,
California
|
-$624K |
RMT Hedge Fund Activity: Q2 2023 in Review
85 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q2 2023, worth a combined $111M — up 1.1% from $110M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RMT and 9 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $2.94M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $1.43M sold.
- 85 institutional investors held Royce Micro-Cap Trust (RMT) as of Q2 2023, down from 87 in Q1 2023.
- Funds reported $111M of Royce Micro-Cap Trust stock for Q2 2023, up 1.1% quarter-over-quarter.
- 9 funds opened new Royce Micro-Cap Trust positions in Q2 2023 and 11 closed out, a net change of -2 holders.
- The largest Royce Micro-Cap Trust buyer in Q2 2023 was Punch & Associates Investment Management, an estimated $2.94M added.
- The largest Royce Micro-Cap Trust seller in Q2 2023 was 1832 Asset Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q2 2023.