Royce Micro-Cap Trust
RMT
69 hedge funds and large institutions have $69.2M invested in Royce Micro-Cap Trust in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 13 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
8% more capital invested
Capital invested by funds: $64.2M → $69.2M (+$4.97M)
3.12% more ownership
Funds ownership: 23.64% → 26.76% (+3.1%)
3% more funds holding
Funds holding: 67 → 69 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.81M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.49M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.26M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.03M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$821K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.65M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.28M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.06M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$744K |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$94K | -12,208 | Closed |
|
77
HighTower Advisors
Chicago,
Illinois
| – | -$78K | -10,177 | Closed |
|
|
GWS
78
Glassman Wealth Services
Vienna,
Virginia
| – | -$63K | -6,170 | Closed |
|
79
Citigroup
New York
| – | -$36K | -4,710 | Closed |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$32K | -4,154 | Closed |
|
|
CTC
81
Central Trust Company
Jefferson City,
Missouri
| – | -$8K | -1,124 | Closed |
|
|
CK
82
Carnick & Kubik
Colorado Springs,
Colorado
| – | -$5.77K | -745 | Closed |
|
83
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -512 | Closed |
|
RMT Hedge Fund Activity: Q4 2015 in Review
69 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q4 2015, worth a combined $69.2M — up 7.7% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RMT positions and 13 closed out — a net gain of 2 holders — while 28 added to existing stakes and 19 trimmed.
The largest buyer was Gramercy Funds Management, adding an estimated $1.81M. The largest seller was Morgan Stanley, cutting an estimated $2.65M.
- 69 institutional investors held Royce Micro-Cap Trust (RMT) as of Q4 2015, up from 67 in Q3 2015.
- Funds reported $69.2M of Royce Micro-Cap Trust stock for Q4 2015, up 7.7% quarter-over-quarter.
- 15 funds opened new Royce Micro-Cap Trust positions in Q4 2015 and 13 closed out, a net change of +2 holders.
- The largest Royce Micro-Cap Trust buyer in Q4 2015 was Gramercy Funds Management, an estimated $1.81M added.
- The largest Royce Micro-Cap Trust seller in Q4 2015 was Morgan Stanley, an estimated $2.65M sold.
Based on aggregated 13F filings for Q4 2015.