Royce Micro-Cap Trust
RMT
69 hedge funds and large institutions have $66.2M invested in Royce Micro-Cap Trust in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 14 reducing their positions, and 9 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 14
0.36% more ownership
Funds ownership: 26.76% → 27.12% (+0.36%)
0% more funds holding
Funds holding: 69 → 69 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
4% less capital invested
Capital invested by funds: $69.2M → $66.2M (-$2.99M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.4M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.04M |
| 3 |
HK
Horizon Kinetics
New York
|
+$787K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
+$695K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.89M |
| 2 |
SG Americas Securities
New York
|
-$598K |
| 3 |
Squarepoint
New York
|
-$562K |
| 4 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$487K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$445K |
RMT Hedge Fund Activity: Q1 2016 in Review
69 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Royce Micro-Cap Trust (RMT) for Q1 2016, worth a combined $66.2M — down 4.3% from $69.2M a quarter earlier.
Fund positioning in RMT was balanced in Q1 2016: 9 funds opened new positions, 9 closed out, 34 added to existing stakes and 14 trimmed.
The largest buyer was Gramercy Funds Management, adding an estimated $1.4M. The largest seller was Morgan Stanley, cutting an estimated $3.89M.
- 69 institutional investors held Royce Micro-Cap Trust (RMT) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $66.2M of Royce Micro-Cap Trust stock for Q1 2016, down 4.3% quarter-over-quarter.
- 9 funds opened new Royce Micro-Cap Trust positions in Q1 2016 and 9 closed out, a net change of 0 holders.
- The largest Royce Micro-Cap Trust buyer in Q1 2016 was Gramercy Funds Management, an estimated $1.4M added.
- The largest Royce Micro-Cap Trust seller in Q1 2016 was Morgan Stanley, an estimated $3.89M sold.
Based on aggregated 13F filings for Q1 2016.