Royce Micro-Cap Trust
RMT
88 hedge funds and large institutions have $145M invested in Royce Micro-Cap Trust in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
37% more capital invested
Capital invested by funds: $106M → $145M (+$39M)
6% more funds holding
Funds holding: 83 → 88 (+5)
5.94% more ownership
Funds ownership: 26.39% → 32.33% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.6M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.39M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.44M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.4M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$1.3M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$906K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$801K |
| 4 |
Walleye Capital
New York
|
-$481K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$311K |
RMT Hedge Fund Activity: Q4 2023 in Review
88 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2023, worth a combined $145M — up 37% from $106M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RMT positions and 8 closed out — a net gain of 5 holders — while 35 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.6M. The largest seller was Atlas Wealth, exiting entirely with an estimated $1.3M sold.
- 88 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2023, up from 83 in Q3 2023.
- Funds reported $145M of Royce Micro-Cap Trust stock for Q4 2023, up 37% quarter-over-quarter.
- 13 funds opened new Royce Micro-Cap Trust positions in Q4 2023 and 8 closed out, a net change of +5 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2023 was Morgan Stanley, an estimated $10.6M added.
- The largest Royce Micro-Cap Trust seller in Q4 2023 was Atlas Wealth, an estimated $1.3M sold.
Based on aggregated 13F filings for Q4 2023.